Republican Paul Ryan's budget plan was approved along party lines by the House. His plan seeks to balance the budget in 10 years by cutting taxes, repealing President Obama's health care law and cuttting social programs in favor of the national defense.

Ryan, who is term-limited as the Budget chairman, has published his final resolution to balance the budget. It was approved along party lines 219-205, with all House Democrats voting against it.

The Senate is controlled by the Democratic Party and has no plans to pass a budget plan.

Because of this, Ryan's past efforts to balance the budget have never been able to become laws. However, it is a glimpse as to how Republicans would act fiscally if given the opportunity.

With some of the budget changes, Ryan's plan to change the Medicare system is the most talked about change. Ryan would rather have seniors purchase health care in the private market through a "premium support" system. This would provide seniors with money and a choice on which plan to purchase.

Democrats disagree with Ryan's proposed changes to Medicare, saying it strips seniors from their promise of health care. Democrats plan to use this against Republicans in the 2014 elections.

By taking steep cuts to social programs, Ryan's budget creates a balance by 2024. These cuts include $5.1 trillion in reductions of food stamps, college loan programs and health care for the poor.

"This House Republican budget is the worst that I've seen in the past three years for the United States of America," said Rep. Chris Van Hollen, D-Md., the top Democrat on the Budget Committee, in reference to previous budgets authored by Ryan. "At every juncture in this House Republican budget, they choose to protect powerful special interests and the very wealthy at the expense of the poor and everyone else."

Ryan is listed as a possible presidential candidate in the 2016 General Election.