Ryan Budget to End Health-Care Law While Keeping Tax Revenue

Representative Paul Ryan’s budget proposal counts on more than $400 billion in tax revenue from the 2010 health-care overhaul he and other Republicans want to repeal.

Ryan, chairman of the House Budget Committee, in the plan unveiled today calls for repealing the health-care law while setting a revenue target that assumes the tax increases remain in place. The Wisconsin Republican’s budget plan seeks to collect $37 trillion over the next decade -- the amount the government would raise if the health-care law’s taxes take effect and some expiring tax cuts are extended.