BLUF: The Republican Study Committee proposes a conservative budget plan called “Protecting America’s Economic Security” that aims to balance the federal budget, cut taxes, reduce red tape, and promote work by addressing the main drivers of federal spending and debt growth, including Social Security, Medicare, and entitlement programs. The budget also suggests expanding health care choices for small businesses, implementing block grants for Medicaid, and adopting a more accurate inflation measure. Although the chances of the budget becoming law may be small, it is still an important exercise in identifying necessary changes to achieve budgetary balance.
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