Rep. Paul RyanPaul RyanBorder tax is reverse redistribution CEOs come to defense of border tax plan 7 key players in the GOP's border tax fight MORE (R-Wis.) said Monday he plans to issue a new edition of his budget "Roadmap" that has caught heavy flak from Democrats.
Ryan, who could become chairman of the House Budget Committee in the next Congress, told the conservative National Review he wants to author a new version of the "Roadmap for America's Future" early next year to help guide incoming GOP congressmen:
In coming months, winning over new GOP members, and providing them with reams of economic data and an idea of the federal government’s long-term fiscal outlook, is high on Ryan’s to-do list. To help the cause, Ryan intends to pen version 3.0 of the “Roadmap” early next year. “What we need to do is quickly bring them up to speed,” he says. Some, of course, are already well-versed on the “Roadmap” and its principles. “Dozens” of House candidates, Ryan confides, have reached out to him to offer their support for his budget plan, which, for the moment, has only 13 co-sponsors. “Reinforcements are coming,” he assures us.
Ryan, the ranking member on the budget panel and one of the GOP's so-called "Young Guns," released the "Roadmap" early this year as a plan to address the nation's soaring debt and budget deficits while helping to boost the slowing economic recovery.
The plan would preserve Social Security and Medicare benefits at their current levels for those older than 55. But it proposes lowering the growth of Social Security benefit levels for high-income earners and a gradual increase in the retirement age. It also provides an option for retirees to invest part of their Social Security taxes into private accounts.
It would also allow retirees to establish private Medical Savings Accounts that "will help keep Medicare solvent for generations to come," Ryan wrote in January.
Ryan acknowledged his plan is unpopular with some in his own party. The "Roadmap" was not included in the GOP's "Pledge to America," a governing document released late last month. GOP leaders have said the document is a list of items that could be enacted "immediately."
With Republican poised to make large gains on the Democrats majorities, Ryan said Democrats have made supporting his ideas poisonous for some GOP candidates running in competitive races:
Still, such conversations [about the "Roadmap"], Ryan sighs, are often private, since Democrats have eagerly targeted the “Roadmap” and Ryan himself. Many Republicans are wary of backing Ryan’s ideas publicly. “Look, I get that,” he says. “I’ve experienced their demagoguery on entitlements. It’s like being hit by a two-by-four across the head.”