By Julian Pecquet - 03/20/12 02:00 PM EDT
As expected, the new Ryan budget offers a modified version of his controversial Medicare plan from last year. Whereas last year's plan moved all future seniors into a privatized system, where the government subsidized premium payments, the current plan keeps traditional Medicare as an option. It also has new protections for low-income seniors and restrictions that could keep the traditional plan from being stuck with only the sickest patients.
The new "premium support" proposal is based on a model developed by Ryan and Sen. Ron Wyden (D-Ore.) and long championed by Budget Committee member Rep. Tom Price (R-Ga.).
Despite Wyden's support for a similar plan, Democrats are already pouncing on the new Medicare proposal. A protest is planned by seniors groups at a Tuesday morning speech by Ryan at the American Enterprise Institute.
— Erik Wasson contributed.