Great day in the mornin'! Ryan's back!

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Class war budgeting: Paul Ryan and House GOP want more money for the rich, less for the rest.

Ryan's plan starts, like all good GOP deficit reduction plans, with a giant tax cut. Specifically he wants to replace the current progressive rate structure with a two-rate structure—10 percent and 25 percent. If you're currently an individual paying a 39.6 percent marginal tax rate on your income over $400,000 that's an enormous tax cut. If you're currently an individual paying a 25 percent marginal tax rate on your income of $70,000 a year you may wonder what's in it for you here. The answer is, most likely, higher taxes.

 

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The Morning Plum: Don?t let Paul Ryan skate this time

The Ryan budget rollout is best described by the Wall Street Journal, which pointedly notes that he will “introduce a proposal to overhaul Medicare and Medicaid that is almost identical to the Republican presidential platform in 2012.” The plan hits many of the usual high points: It voucherizes Medicare (with the option of remaining in the program) and block grants Medicaid. As the Journal describes it: “The moves would save hundreds of billions of dollars over 10 years, while potentially raising costs for Medicare beneficiaries and sharply cutting the number of Medicaid recipients.” The Ryan plan also repeals Obamacare, while partly balancing the budget with Obamacare savings.

 

[Truthmatters]

He also said right on TV that the tax cuts made his budget easier to balence.

The right is dumb as a box of rocks

 

[emptystep]

He also said right on TV that the tax cuts made his budget easier to balence.

The right is dumb as a box of rocks

Watching this one go through committee is going to be a friggin' hoot.

Taking away safety nets. We call that, "Choice, they like that."
Taking away federal funding to states. We call that, "Giving them Responsibility, they want that."
Giving all the money to the rich. Well, they actually don't want that but they will do their civic duty and take it anyway.

 

[Ernie S.]

He also said right on TV that the tax cuts made his budget easier to balence.

The right is dumb as a box of rocks

Oh the irony!

 

[Luddly Neddite]

Very funny is that LyinRyan's "plan" ASSSumes a lower unemployment rate than we have ever had in the history of our country.

This from a man and a party that fights against the creation of jobs.

 

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Republicans patting themselves on the back in front of cameras on C-SPAN.
Live Video - C-SPAN | C-SPAN

Wonder if they will be taking questions for once.

 

[DiamondDave]

b-l-o-g

 

[NYcarbineer]

Paul Ryan has retreated even further into fantasy land. The mystery is, what are his motivations?

 

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Ryan is standing there dismissing his budget as simply a token to start the process. Let's see how it starts in committee. Suppose to be discussed tomorrow in House Budget Committee.

Questions! He is actually taking question. Wonder how many intro phrases he is going to give them.

 

[Soggy in NOLA]

Get back to us when you have some thoughtful analysis. Bottom line, this current business as usual of tax and spend isn't sustainable except in the mind of the terminally stupid.

 

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Paul Ryan has retreated even further into fantasy land. The mystery is, what are his motivations?

That is something I would really like to know. These right wingers get odder as time goes on. I really, really want to know if he believes his own talk. He sat right in committee last year and listen to the argument about cutting the transportation budget in half like it was a insignificant little detail.

 

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One liner from Ryan: "Elections have consequences. We're in the majority."

 

[g5000]

Paul Ryan has put a balanced budget on the table, and now he will stand behind it and take questions and punches and kicks to the groin.

Finally, a Republican with some balls.

 

[Truthmatters]

the only problem is its doesnt jibe with reality

 

[Truthmatters]

His budget uses the same cuts in medicare he campaigned against and plans to repeal by repppealing "Obamacare".


it still doesnt add up under scrutitny

 

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Paul Ryan has retreated even further into fantasy land. The mystery is, what are his motivations?

Good article.

The Ryan budget is about ideology, not finances | Jay Bookman

Again, let’s be clear: The Ryan budget is not a response to our fiscal situation. It uses that situation as an excuse to continue a philosophical debate reaching back at least 80 years in this country, back to the founding of Social Security. The Republican Party fought Social Security back then, and since then it has tried repeatedly to kill the program, most recently with President Bush’s effort to privatize it.

“Never in the history of the world has any measure been brought here so insidiously designed as to prevent business recovery, to enslave workers and to prevent any possibility of the employers providing work for the people,” one GOP congressman said in 1935, referring to Social Security. The party’s basic message and rhetoric — government enslavement, economic ruin, etc., — hasn’t changed much since.

 

[g5000]

Here is the Chairman's Mark from Ryan's bill: http://budget.house.gov/UploadedFiles/chairmans_mark_FY013.pdf

Look for yourself.

ETA: Here is Obama's budget for the same period: http://www.whitehouse.gov/sites/default/files/omb/budget/fy2013/assets/32_1.xls

 

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Paul Ryan has put a balanced budget on the table, and now he will stand behind it and take questions and punches and kicks to the groin.

Finally, a Republican with some balls.

Republicans have always had balls. It's the brains they're missing.

 

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Here is the Chairman's Mark from Ryan's bill: http://budget.house.gov/UploadedFiles/chairmans_mark_FY013.pdf

Look for yourself.

Watched all 9 hours of it. You?

That document is from last year by the way. This budget will be for FY014.