In February 2012, in an address to the Detroit Economic Club during which he discussed his recently unveiled economic plan and federal budget proposal, Romney said that to help control government healthcare expenditures, as president he would seek to gradually raise the minimum age for Medicare eligibility. The change in eligibility would affect future Medicare beneficiaries who at the time of enactment of the rule change would be 54 years of age or younger; the eligibility age would be raised by one month per year, then eventually tied to life-expectancy.