Rep. Paul Ryan (R-Wis.) on Tuesday unveiled a budget that proposes to cut $5.1 trillion over a decade in a bid to erase the federal deficit, while calling once again for dramatic changes to Medicare, Medicaid and the tax code. Read more.Now he's about to become even more powerful as he ascends to the role of Chairman of the House Ways and Means Committee as Dave Camp (R-Mich) just announced his retirement.
And throw in the fact that the Balanced Budget Convention is gaining steam. Europe, here we come!
