Tales from the Trail

A beautiful budget? It’s in the eye of the beholder

April 5, 2011

Budget beauty is clearly in the eye of the beholder.

Republican Senator Jeff Sessions took a look at President Barack Obama’s bloated, spend-your-way-out-of-USA-BUDGET/a-recession blueprint for 2012, with its $1.65 trillion deficit, and declared himself appalled.

“The president has presented the most irresponsible budget in the history of this republic,” he said.

Sessions made the remark while strongly endorsing the leaner 2012 spending plan proposed Tuesday by Representative Paul Ryan, the Republican chairman of the House Budget Committee.

Ryan’s budget would put the U.S. government on what he says would be a more sustainable fiscal path by cutting around $6 trillion in expected spending over the next decade.

The budget would even be balanced by 2015, sort of … as long as you don’t count the $200-plus billion in interest payments on the debt.

Ryan’s spending plan achieves all these savings by repealing Obama’s healthcare law, messing around with the Medicare and Medicaid health programs for the elderly and disadvantaged and chopping away at discretionary spending.

Oh, and of course, cutting tax rates for the richest Americans.

Chris Van Hollen, top Democrat on the House Budget panel, said dressing up the typical Republican agenda in “a lot of nice-sounding rhetoric about reform” didn’t fool anybody.

The Ryan plan, he said, “is simply a recycled, rigid ideology that says we need to provide big tax breaks to the very wealthy and the very powerful at the expense of the rest of the country.”

John Yarmuth, another Democrat on the House panel, sounded positively Sessions-esque in the panoramic sweep of his criticism.

“This is,” he said, “the most imbalanced, reckless budget that has been offered in modern history.”

For more Reuters political news, click here.

Photo credit: Reuters/Kevin Lamarque (Sessions, right, discusses Republican budget proposed by Ryan, left)

Comments
2 comments so far | RSS Comments RSS

Ryan promised a truly radical approach to our entire system of government, and he wasn’t lying. Path to Prosperity? Path to Penury is more like it.

Medicare would be abolished and replaced with a voucher system. Medicaid would be abolished and sent to the states as a block grant. The Affordable Care Act would be abolished, and tax rates on corporations and the wealthy would be cut yet again. After all, the Bush tax cuts brought the exact opposite of what Ryan and his party said they would, so obviously cutting them further is the only option.

The only upside to this is that when American citizens finally realize just what the Republican agenda really is, they will follow the lead of Wisconsin and throw them out once and for all.

Posted by GetpIaning | Report as abusive
 

20 years of GOP Supply-Side Budgets have caused us 28 enormous Deficits. Ryan has proposed the 21st, yet maintains his will produce a Surplus??

Insanity is repeating the same thing over and over again expecting a different result. Not to mention that no respected Economist believes the Supply-Side VooDoo high priests.

The House Progressive Caucus presented their own Budget proposal to get the People back to work and reduce the National Debt to ZERO by 2021:

http://www.rawstory.com/rs/2011/04/11/ho use-progressives-offer-budget-tax-the-ri ch-end-the-wars-slash-oil-subsidies-inve st-in-jobs/

There is an alternative to Insanity.

Posted by Whittier5 | Report as abusive
 

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