Medicare
Republicans
For people now under 55, the federal government would contribute a specified amount of money toward the premium for private health insurance, turning Medicare into a voucher program.
Obama
pass
Medicaid
Republicans
Medicaid would be transformed into a block grant, with a lump sum of federal money given to the states to care for low-income people. According the the proposal, federal spending would be $771 billion lower over the next decade, compared with current policy.
Obama
Punt to the governors
Social Security
Republicans
No changes to Social Security are specified, though the proposal would "force policymakers to come to the table and enact common-sense reforms."
Obama
Pass
Military spending
Republicans
Pass
Obama
Military spending would be cut $400 billion over the next 12 years.
Domestic discretionary spending
Republicans
Proposes cutting $1.6 trillion over 10 years.
Obama
Pass ($600 billion over 10 years)
Taxes
Republicans
For both corporations and individuals, the top tax rate would be lower, but tax breaks would be eliminated, offsetting these changes.
Obama
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