Template:Ryan Budget 2013 GOP1
In March 2013 the U.S. Senate soundly rejected a balanced budget plan by House Budget Committee Chairman Paul Ryan (R). Five Republicans joined every Democrat present to kill the measure, which failed on a 40-59 vote.
The budget cuts about $5 trillion over the next decade and aims to balance the budget by the end of the 10-year period.
Some GOP tea partyers opposed the measure because of its reliance on $600 billion-plus in tax revenues on the wealthy enacted in January 2013 in order to balance the budget.Others in the Senate opposed the Ryan plan because of cuts from safety net programs for the poor and the inclusion of a plan to turn the Medicare program for the elderly into a voucher-like system for future beneficiaries born in 1959 or later.