House Budget Committee Chairman Paul Ryan, R-Wis., introduced a budget that would gradually raise the Medicare eligibility age to 67, limit Medicare spending, offer vouchers for seniors to purchase private insurance, repeal the Independent Payment Advisory Board and turn Medicaid into a block-grant program. If enacted, the budget would save Medicaid $810 billion over a decade and save Medicare $205 billion more than President Barack Obama's 10-year plan, Ryan said.

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