A plan to cap U.S. government spending that’s gaining support in the Senate could require deep cuts to Medicare and Medicaid that parallel those proposed in House Republican Paul Ryan’s budget.
The Senate proposal by Republican Bob Corker of Tennessee and Democrat Claire McCaskill of Missouri aims to save $7.6 trillion over 10 years by capping federal spending at 20.6 percent of gross domestic product within a decade, down from 24.3 percent now.
....more from MoveOn.org.