The House budget by the Republican-run Congress proposed on Tuesday to cut social spending to increase military budget in an attempt to eliminate shortages in eight years' time.

House Budget Committee Chairman Tom Price said the blueprint from the Republicans contained an allotted amount of US$5.468 trillion for spending cuts over the next ten years. The new document passed assumes that there will be US$2 trillion savings if the Affordable Care Act passed by the Obama administration will be fully revoked.

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Price's proposal will allow a US$913 billion budget cut when it comes to Medicaid spending to make way for a program that will help adjust the healthcare system for the poorer citizens. It would also regionalize programs such as transportation funds and food stamps.

The predecessor of Price, Representative Paul Ryan, previously proposed that the Medicare health program for senior citizens will be turned into a subsidized system for private insurances and this will still be used by Price. This announcement of the Republicans shows the general aim of the Republicans which is to have a centralized government, lower taxes, stronger economy, and fewer national debts.

Price's announcement might not be that popular among the Republicans since they are divided when it comes to budget cuts and allocations.

Aside from the proposed budget cut in social spending, the Republicans also want to boost military spending by adding US$40 billion to the war funding account.

The budget plan of Price is not aligned with the proposal of U.S. President Barack Obama, which aims to raise taxes for the wealthier population until 2012 in order to give more budgets for infrastructure and education.

Due to this, the Democrats reacted by saying that the annual budget made by Price is full of gimmicks and that it will not at all help the poorer population, working families, and seniors.

President Obama has yet to comment on this on Wednesday when he travels to Cleveland.

Also, Senate Budget Chairman Mike Enzi is to announce his budget plans on Wednesday and it is expected to echo the earlier statement of Obama. 

TagsRepublicans, social spending, military budget, U.S., Obamacare