"While we're still working on the details, the proposal will comply with the Boehner rule in terms of reducing the deficit," said Boehner spokesman Michael Steel.
Still, the proposals pale in comparison to ideas in the non-binding GOP budget plan passed earlier this year, which promised a balanced budget in 10 years that was possible only with severe cuts to Medicaid, food stamps and domestic programs like health research, housing, education and others. The GOP budget promised $4.6 trillion in cuts over a decade but didn't give a lot of specifics about how deeply many programs would have to be cut.
Other proposals listed in the GOP leadership's list of options, include:
—Eliminating the authority of the government to charge a bailout fee to big banks under the Dodd-Frank financial oversight law. The fee could only be charged it there's a major bank failure. The document claims $23 billion in savings.
—Increase Medicare "means testing" to permit higher premiums for Medicare beneficiaries, raising $56 billion.
—Cap "pain and suffering" damages in medical malpractice lawsuits to $250,000 and cap punitive damages at the greater of $250,000 or twice the economic damages in such suits.
—Reduce a gimmick in which states levy taxes on health care providers as a way to game the Medicaid system and receive higher federal payments at a savings of $11 billion.