Old Rocks
Diamond Member
http://www.nytimes.com/2012/08/24/opinion/brooks-ryans-biggest-mistake.html?_r=1
When that commission came up with its proposal, some conservative Republicans, like Tom Coburn and Judd Gregg, voted yes, but Ryan voted no. This was a devastating blow. If Ryan and the other House Republicans had voted for the Simpson-Bowles proposal, it would have gone to Congress for up-or-down votes, regardless of how President Obama reacted. We would have had national action on debt reduction.
The Simpson-Bowles plan would have simplified the tax code and lowered rates. It would have capped the size of government. According to the Bipartisan Policy Center, it would have brought the federal debt down from 73 percent of the nations gross domestic product today, to 67 percent of G.D.P. in 2022
..........................................................................................
To put it another way, Ryan was giving up significant debt progress for a political fantasy
When that commission came up with its proposal, some conservative Republicans, like Tom Coburn and Judd Gregg, voted yes, but Ryan voted no. This was a devastating blow. If Ryan and the other House Republicans had voted for the Simpson-Bowles proposal, it would have gone to Congress for up-or-down votes, regardless of how President Obama reacted. We would have had national action on debt reduction.
The Simpson-Bowles plan would have simplified the tax code and lowered rates. It would have capped the size of government. According to the Bipartisan Policy Center, it would have brought the federal debt down from 73 percent of the nations gross domestic product today, to 67 percent of G.D.P. in 2022
..........................................................................................
To put it another way, Ryan was giving up significant debt progress for a political fantasy