The plan would cut funding to health care, education funding, law enforcement and mass transit. He also said if the proposal passed, more than one million of the city's seniors would lose guaranteed Medicare benefits.
"This is kind of like an ostrich in the sand kind of budget. You know, you can say that you'll slash federal spending on something, but it doesn't mean that someone doesn't have to pick up the slack, and for New York City taxpayers, unfortunately, it's going to be them holding the bag," says Weiner. "The effect of this would be that either New York City taxpayers would have to raise taxes or cut services in order to make up for the difference. So, all that this budget does is not to reduce the burden on taxpayers, just to move it from the federal government to local taxpayers."
Ryan's budget received mixed reviews from the non-partisan Congressional Budget Office.
The Congressional Budget Office on Tuesday laid out the pros and cons of Rep. Paul Ryan's (R-Wis.) budget proposal in clinical, detached terms. Its analysis: The plan would bring the nation's debt under control and significantly reduce the threat of sudden economic crisis and gradual decline, but would also increase health care costs for the poor and elderly in the future.
Under the GOP plan, people who are now 54 and younger would get a fixed amount from the federal government to buy insurance from private plans.
Funding for Medicaid would be given as a lump sum to states. Low-income people would lose their federal right to Medicaid and, conceivably, state's could stop accepting new applicants in order to balance budgets in tough economic times.