I gotta steal from Kavips….

Filed in National by on March 20, 2012

Because he is right:

Paul Ryan’s budget is up today. And Republicans are using it to promote fiscal responsibility. But, it balloons the deficit, making Republicans look like big spending Democrats, and Democrats look like tight fisted Republicans…..

Obama’s budget just got scored by the CBO (Congressional Budget Office) at a $3.5 Trillion Deficit by 2022…..

Ryan’s budget, will yield a whopping $36.5 Trillion by deficit by that same year. THAT IS OVER 10 TIME MORE !!!!

The Ryan budget increases defense spending by a staggering amount while eliminating Medicare and Medicaid and gutting Social Security. The argument you will hear from Romney and Ryan is that we have to pass this budget to save entitlement programs and to reduce our debt. Yet this budget kills the social safety net in every way and then balloons the deficit tenfold.

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  1. cassandra_m says:
    March 20, 2012 at 1:42 pm

    So. Would it be rude of me to ask why these Balanced Budget fetishists did NOT submit a balanced budget?

  2. Delaware Dem says:
    March 20, 2012 at 1:50 pm

    Indeed, under their budget, I do not see how they can balance without eliminating everything but Defense spending, and even then I think they run a deficit.

  3. puck says:
    March 20, 2012 at 1:55 pm

    “I do not see how they can balance without eliminating everything but Defense spending”

    With that kind of imbalalance, sooner rather than later the military would pronounce the country ungovernable and assume political control. That’s probably the extremist end game, as it always is.

  4. Jason330 says:
    March 20, 2012 at 1:56 pm

    True the GOP’s budget will explode the deficit, but you are forgetting the main point of the budget, which is to kill the economy.

  5. pandora says:
    March 20, 2012 at 2:15 pm

    Don’t be silly. Don’t you know that when the CBO scores Republican plans as raising the deficit, Republicans call the CBO bogus and a wing of the Obama’s administration.

  6. Delaware Dem says:
    March 20, 2012 at 2:49 pm

    According to Ezra Klein, the CBO, in its report: “Chairman Ryan and his staff specified rules by which revenues and spending would evolve.” Hahahahaha. They tried to intimidate the CBO, and then they tried to create an alternate reality (fantasy world) in which (and only in which) their budget operates. Those rules were:

    Ryan tells CBO to assume his tax plan will raise revenues to 19 percent of GDP and then hold them there. He tells them to assume his Medicare plan will hold cost growth in Medicare to GDP+0.5 percentage points. He tells them to assume that spending on Medicaid and the Children’s Health Insurance Program won’t grow any faster than inflation. He tells them to assume that all federal spending aside from Medicare, Medicaid and Social Security will fall from 12.5 percent of GDP in 2011 to 3.75 percent of GDP in 2050.

    It’s that last assumption, perhaps, that shows most clearly how unlikely Ryan’s specified budget path is. He’s saying that in 2050, spending on defense, on food stamps, on infrastructure, on education, on research and development, on the federal workforce, and everything other non-entitlement program combined will be less than four percentage points of GDP.

  7. Jason330 says:
    March 20, 2012 at 2:55 pm

    It is going to be tough to get spending to 4% of GDP when our GDP will be tanking faster than a Newt Gingrich marriage.

  8. Jason330 says:
    March 20, 2012 at 4:09 pm

    The WHite HOuse released a pretty strong statement (for them) on the GOP’s Medicare killing budget:

    The House budget once again fails the test of balance, fairness, and shared responsibility. It would shower the wealthiest few Americans with an average tax cut of at least $150,000, while preserving taxpayer giveaways to oil companies and breaks for Wall Street hedge fund managers. What’s worse is that all of these tax breaks would be paid for by undermining Medicare and the very things we need to grow our economy and the middle class – things like education, basic research, and new sources of energy. And instead of strengthening Medicare, the House budget would end Medicare as we know it, turning the guarantee of retirement security into a voucher that will shift higher and higher costs to seniors over time. – via dkos

    That’s a little something for down ticket Dems to run on.

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