Paul Ryan Budget Reduces Spending To Lowest Levels Since 1948

[Lakhota]

By Mollie Reilly

Rep. Paul Ryan's (R-Wis.) proposed budget would reduce government spending outside of Social Security and interest on debt to its lowest levels in over six decades, Investor's Business Daily reported Wednesday.

Ryan, the House Budget Committee chairman, unveiled his latest fiscal proposal on Tuesday, laying out $4.6 trillion in cuts over the next decade. The blueprint aims to balance the budget in 10 years by slashing Medicare, Medicaid and programs to aid the poor, including food stamps. Ryan's plan would also repeal President Barack Obama's health care reform law.

More: Paul Ryan Budget Reduces Spending To Lowest Levels Since 1948: Report

Here is another stunner: Excluding federal outlays on Social Security and Medicare, programs devoted mostly to caring for the old, noninterest spending under the Ryan plan would fall from 12% of GDP in 2012 to 7.9% in 2023 — by far the lowest level since 1938, in the days before Social Security and Medicare existed.

Two Stunning House GOP Budget Numbers: 1948 And 1938 - Investors.com

 

[Lakhota]

Ryan totally baffles me. One of us is a supreme idiot.

 

[Lakhota]

 

[Lakhota]

[ame=http://www.youtube.com/watch?feature=player_detailpage&v=OGnE83A1Z4U]Granny Off the Cliff - YouTube[/ame]

 

[S.J.]

Ryan totally baffles me. One of us is a supreme idiot.

BINGO! That would be you.

 

[Black_Label]

The extreme right will never been happy until the middle class is destroyed and the nation turns into a mirror of communist china.

 

[S.J.]

The extreme right will never been happy until the middle class is destroyed and the nation turns into a mirror of communist china.

Damn, you're dumb.

 

[Black_Label]

The extreme right will never been happy until the middle class is destroyed and the nation turns into a mirror of communist china.

Damn, you're dumb.

Yes, yes you are.

 

[Avatar4321]

The extreme right will never been happy until the middle class is destroyed and the nation turns into a mirror of communist china.

I think you're confusing the right for the left.

 

[Avatar4321]

Oh and this is pure poppycock. If you have to manipulate numbers, than someone is going to be deceptive.

We could only hope that spending were reduced to 1948 levels. We would be able to pay off the debt within years and have a very strong dollar.

 

[Stephanie]

another worthless troll thread with stupid pictures

 

[Claudette]

Yup. Shittingbull strikes again.

 

[Stephanie]

Yup. Shittingbull strikes again.

no kidding
nothing like coming on in the mornings and seeing all the GARBAGE the troll has spammed the board with

 

[Procrustes Stretched]

Alzheimer's?