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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-05-11 02:27 PM
Original message
What the Fuck?

An analysis of Ryan's budget

By Committee for a Responsible Federal Budget

Today, Congressman Paul Ryan (R-WI), chairman of the House Budget Committee, released his FY 2012 budget proposal. Overall, his budget would reduce debt to 67.5 percent of GDP by 2021 and would save approximately the same amount as what the White House Fiscal Commission proposed. The budget would reduce projected deficits by over $1.6 trillion compared to CBO's current law projections and by $4.4 trillion when compared to CBO's score of the President's budget.

In particular, Ryan's budget proposes steep non-security discretionary spending cuts along with substantial reductions in federal health spending, including block-granting Medicaid, repealing the coverage provisions from the health care reform law, and reforming Medicare by introducing a "defined contribution" program. He also proposes significant cuts to other mandatory programs, overhauling the tax system, putting in place a mechanism for requiring a fix for Social Security, and budget process reforms.

"This is a bold budget, and Congressman Ryan should be congratulated for putting forward structural budget reforms to address our unsustainable debt path," said Maya MacGuineas, president of the Committee for a Responsible Federal Budget. "However, while the proposal deserves praise for being bold, the national discussion has moved beyond just finding a plan with sufficient savings to finding one that can generate enough support to move forward."

<...>

We hope that Congressman Ryan's proposal will not generate attacks but rather lead to a larger discussion over how to move forward with a comprehensive solution. With lawmakers overly focused on a very small part of the budget, this is an important reminder of the tremendous fiscal challenges the country faces and that we should be looking to save not just billions, but trillions. Now that both the White House and House Republicans have made their opening bids, this continues to reinforce our belief that a comprehensive plan to fix the budget like the one the Fiscal Commission recommended has the best hope of moving forward.

more


Dear Americans, please discuss the merits of "gutting Medicaid, taking away health coverage for millions of struggling Americans, and lavishing tax breaks on millionaires and billionaires."




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sadbear Donating Member (799 posts) Send PM | Profile | Ignore Tue Apr-05-11 03:01 PM
Response to Original message
1. "We hope that Congressman Ryan's proposal will not generate attacks"
I thought that was the whole point of his budget, to generate attacks. You mean they're serious?
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999998th word Donating Member (555 posts) Send PM | Profile | Ignore Tue Apr-05-11 03:20 PM
Response to Reply #1
2. They keep bitchslapping us and we're supposed to 'discuss' this.
Kiss my taxpayin' >55 formerly employed now unemployable ASS.

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jaxx Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-05-11 04:25 PM
Response to Original message
3. Alice Rivlin is a director at CRFB
Alice Rivlin
Dr. Rivlin became the founding director of the Congressional Budget Office in 1975 and served until 1983. She was director of the Office of Management and Budget in the Clinton administration. Later she was a governor and vice chair of the Federal Reserve. Currently, she is the director of the Greater Washington Research Program and senior fellow of Economic Studies at The Brookings Institution. She is also a visiting professor at the Public Policy Institute of Georgetown University.

http://crfb.org/about/board


Couldn't have anything to do with them loving the budget, could it? Specially since Ryan dropped her name today in his hype, and also on JoeMourn this morning. Said she co-wrote it with him.
Yeah right, they hope it doesn't generate attacks....gimme a break.
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