Federal Budget (U.S.)

House GOP targets welfare, other social programs


The House Republican midterm election-year budget will take aim at welfare and other social programs, including Head Start and Medicaid, The Washington Post reports.

Rep. Paul Ryan
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The budget plan will be released later this month. President Barack Obama presents his budget plan on Tuesday.

(Read more: Obama's dilemma: Don't raise deficits)

A prelude to the GOP budget proposal will be presented Monday by Rep. Paul Ryan, R-Wis., chairman of the House Budget Committee.

"There are nearly 100 programs at the federal level that are meant to help, but they have actually created a poverty trap," Ryan told the newspaper.

(Read more: Big or small,spending-cut efforts hit roadblocks)

"There is no coordination with these programs, and new ones are frequently being added without much consideration to how they affect other programs. We've got to fix the situation, and this report is a first step toward significant reform," the 2012 GOP vice presidential candidate said.

Read the Post's story here.

By CNBC.com.