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House Republican Paul Ryan plays around in his election sandbox and comes up with a budget that...

House Republican Paul Ryan plays around in his election sandbox and comes up with a budget that would produce $3.13T in deficits over the next 10 years, which sounds high but is half what President Obama is proposing. While it is unlikely to become law, the Ryan budget keeps the debt debate rumbling.
Comments (28)
  • Terry330
    , contributor
    Comments (867) | Send Message
     
    Same old BS from GOP. Cuts to SS and Medicare, more giveaways to wealthy.
    20 Mar 2012, 11:01 AM Reply Like
  • majestic1234
    , contributor
    Comments (3) | Send Message
     
    Terry, You look good from the middle up,but your brain needs an overhaul.
    20 Mar 2012, 11:57 AM Reply Like
  • WMARKW
    , contributor
    Comments (10466) | Send Message
     
    Terry,

     

    "The Republican budget plan would produce deficits totaling $3.13 trillion over the next 10 years -- less than half the $6.39 trillion in deficits the Congressional Budget Office says Obama's fiscal 2013 budget plan would rack up."

     

    But then some people are totally ok with deficits - just like they are with paying high gas prices.....got to "force" conservation, and eliminate the CO2 emissions.
    20 Mar 2012, 12:46 PM Reply Like
  • Terry330
    , contributor
    Comments (867) | Send Message
     
    When Reagan got into office, after 200 years of revolutions, civil wars, world wars, the Cold War, Korea and Vietnam, the complete building of America, the Great Society, and the Race to the Moon, the entire National Debt was LESS than one trillion dollars. When Bush dumped it on Obama, it cost us that much every year in interest charges on the Reagan/Bush National Debt of $13,000,000,000,000!
    20 Mar 2012, 12:55 PM Reply Like
  • Terry330
    , contributor
    Comments (867) | Send Message
     
    GOP can't wait 4 months until they start another war or two. 700 billion per year times ?? years.
    20 Mar 2012, 12:58 PM Reply Like
  • Hubert Biagi
    , contributor
    Comments (703) | Send Message
     
    Which is approximately the same amount this country has spent on growing the entitlements created under the "Great Society" and the "War On Poverty" (estimates are $16T). Are we better off for it? With 17% using food stamps? With half of all babies born into broken homes? With HS graduation rates at like 50%? When will we learn you cannot lift people up by throwing money and free stuff at them? Free daycare, free housing, free food, free unemployment, and now, free birth control and abortion on demand. Oops, that's about womens "rights", lol.

     

    Until, as a society, we stop subsidizing failure and penalizing success, until we stop rationalizing bad behavior and discouraging exceptionalism, every new generation will simply feel a greater and greater sense of entitlement. Each succeeding generation, since the "War On Poverty" began, has become more adept at using government programs and moral hoopla to avoid taking responsibility for their own lives and their own actions. It's plain to see.
    20 Mar 2012, 03:47 PM Reply Like
  • Terry330
    , contributor
    Comments (867) | Send Message
     
    Seriously, why are the GOP working so hard to elect democrats? Wanting to retract women's rights, wanting to stagnate the middle class, wanting to sweep the least fortunate out of existence, and wanting to keep the wealthy untouchable.
    The majority of Americans want none of these things.
    20 Mar 2012, 11:04 AM Reply Like
  • Hubert Biagi
    , contributor
    Comments (703) | Send Message
     
    The only "rights" that I am aware of are the rights to life, liberty and the pursuit of happiness. Everything else is about entitlements based on moral arguments. People like you that create all this hoopla over the moral high ground are what's wrong with our society. It's the reason we are in such debt, as if all this money was free to begin with. If we taxed every "rich" person's income at 100 percent it wouldn't put a dent into our debt. And who are you to judge for me, that we should continue to borrow 40% of every dollar spent, in order to maintain everyone's sense of entitlement?
    20 Mar 2012, 12:19 PM Reply Like
  • Terry330
    , contributor
    Comments (867) | Send Message
     
    Simply said, they will end Medicare for everyone. Seniors included will be at the mercy of for profit insurance companies. As for income taxes, the lower tax rates will be extended from 1% to the top 25%. Middle and lower middle income earners will end up paying higher rates and higher taxes. As for Corporations, they will have a windfall.

     

    It is scary and Seniors and 55+ and under take note. Don't sit at home, go out and vote. Sent GOP traders home face working Americans.
    20 Mar 2012, 11:08 AM Reply Like
  • WMARKW
    , contributor
    Comments (10466) | Send Message
     
    Scary unless you have saved for those expenses. It's scary to worry about rent and food, if you haven't saved for those either.
    20 Mar 2012, 12:48 PM Reply Like
  • Poor Texan
    , contributor
    Comments (3531) | Send Message
     
    The democrats have been crying for the last forty years that the republicans want to eliminate Social Security and Medicare. Starting to ring pretty hollow along with the other 'high moral ground' ranting of the DNC. What was the latest out of the HHS secretary? Something like if we can increase the number of abortions, we'll have less children to spend money on and that will reduce the debt or some other idiotic blathering.
    20 Mar 2012, 02:10 PM Reply Like
  • The Patriot
    , contributor
    Comments (324) | Send Message
     
    Same old BS from the dems, tax the productive, kill the savers,subsidize the uncompetitive, give to the unproductive.
    20 Mar 2012, 11:08 AM Reply Like
  • Terry330
    , contributor
    Comments (867) | Send Message
     
    Mitt's paying 14% on 20 million, taken from working families. Shame on those that defend sinners, Jesus is watching you.
    20 Mar 2012, 11:16 AM Reply Like
  • WMARKW
    , contributor
    Comments (10466) | Send Message
     
    Geeze... how'd Mitt get all the money from working families.....? See if you can put together a couple sentences that will explain that would you?
    20 Mar 2012, 12:49 PM Reply Like
  • HoeTamer
    , contributor
    Comments (186) | Send Message
     
    Anything to keep Obama from killing our economy. This chart is as telling as to what direction our country is heading as anything I've seen. Can you defend this Terry330?

     

    http://bit.ly/GAFF6W
    20 Mar 2012, 11:12 AM Reply Like
  • Terry330
    , contributor
    Comments (867) | Send Message
     
    President Obama is a moderate like Bush, he cut taxes, extended war spending,extended unemployment benefits to millions fired under Bush.
    20 Mar 2012, 11:27 AM Reply Like
  • HoeTamer
    , contributor
    Comments (186) | Send Message
     
    You are right, Obama is like Bush in a lot of ways. The main difference is Bush never blamed someone else for the things that happened while he was president. He never blamed Clinton for not going after the terrorists in Afghanistan before 9-11. This guy only takes credit for good things, everything bad is someone elses fault. It's people like Paul Ryan who have the stones to tell the American people the truth, irregardless of whether it ends his political career or not.
    20 Mar 2012, 11:52 AM Reply Like
  • Terry330
    , contributor
    Comments (867) | Send Message
     
    Clinton left Bush with a budget supples, which Bush spent at a record pace to leave Obama with the worst federal, state debt to date. Bush was on vacation for one month before 9-11, after being warned of attack on US.
    20 Mar 2012, 12:08 PM Reply Like
  • Terry330
    , contributor
    Comments (867) | Send Message
     
    Has anybody "shopped around" for the best price on a surgeon when you have appendicitis???
    What the hell are they talking about ? Competition in health care??? Are they nuts??
    20 Mar 2012, 11:14 AM Reply Like
  • davidbdc
    , contributor
    Comments (3165) | Send Message
     
    No, you go to the emergency room, and some simple regulations could prevent ER's from establishing rip-off prices.

     

    BUT we do shop around when finding a doctor for my wife, when we found doctors for our children, when finding a dentist. And even when we're referred to specialists or sent to labs I call and ask for cash discounts before I go.

     

    It fairly ridiculous to state that people can't make decisions for themselves and therefore we need more bureaucrats to shepard us through the "system". If we got rid of all the health insurance and government idiots we'd find health care costs would plummet!
    20 Mar 2012, 04:11 PM Reply Like
  • Terry330
    , contributor
    Comments (867) | Send Message
     
    . In the face of a decade of record low taxes, and specifically a decade of Republican deregulation and those low taxes on the wealthy... the economy has just been in terrific shape hasn't it?

     

    There is plenty of money in this economy. Hell Apple alone has more money than the United States. The only trouble is that thanks to decades of Republican wealth redistribution to the wealthy elite, there isn't much to go around for the little guy. We don't need more of that problem and we certainly don't need to increase it. That's why literally 92% of Americans when given unlabeled charts showing the wealth distribution of America and Sweden actually prefer Sweden. ( Link to the study - goo.gl/zu4E ) American's already underestimate the income disparities. The average American believes the top 20% only hold about 50% of our countries wealth, the reality is they hold 84%. The average American would prefer to see the top 20% control only around 32%.

     

    From: James Barta
    20 Mar 2012, 11:22 AM Reply Like
  • WMARKW
    , contributor
    Comments (10466) | Send Message
     
    And, Terry, Imagine all those poor little folks, possessed of diminutive incomes who are standing there waiting in lines for their iphones and ipad3's. It's so easy to take money from the poor. Just give them something they want and they will even go into debt to buy it, thereby transferring all that money from the poor to the rich. Wahooooooo !
    20 Mar 2012, 12:52 PM Reply Like
  • montanamark
    , contributor
    Comments (1435) | Send Message
     
    lies, lies and more lies
    20 Mar 2012, 11:50 AM Reply Like
  • paulseglund
    , contributor
    Comments (94) | Send Message
     
    I have an idea why not have a healthy debate about the Ryan budget? As was mentioned, at least he has some stones to delve into the problem and begin to offer a solution. He is my pick to emege from a brokered convention if there is one. Why do the Demogauges dismiss this without even raising the hood? Oh yeah they can't handle the truth, only preapproved sound bites.
    20 Mar 2012, 12:26 PM Reply Like
  • WMARKW
    , contributor
    Comments (10466) | Send Message
     
    Paul....I'd love to have a healthy debate over such a budget. Unfortunately it's too small in terms of it's cuts. Over the next 10 years, without doing anything, spending will still grow at 2x GDP at least. Thus, the gap will only get larger.

     

    Nothing Ryan, or anyone, can do will reverse that trend because no one, and I mean NO ONE has the guts to stand up and take the heat to make the cuts needed to balance the budget. Heck, I would even settle for a 1 - 2% of GDP deficit every year, but that is too "impossibly mentally challenging" for the 535 in DC.

     

    In the near term, we'll have $1.5 T deficits for the next 5 years. There is no way to make that go away. If the economy could magically find the growth switch and jump to 5% GDP growth, maybe. But that switch is now burried.

     

    So, we'll just pack on $7.5 T of deficits onto $16 T of debt, and before you know it, we'll be at $23 T. You can calculate the interest expense on that at 3% or 4%. The mind begins to stagger under the weight. Just like the budget will.

     

    Oh well.... maybe one day we'll all get pissed and throw the bums out and get rid of the 2 party racket.
    20 Mar 2012, 12:59 PM Reply Like
  • eloso1
    , contributor
    Comment (1) | Send Message
     
    The same song, different band...we do need to make some changes in the near future, or this ship will sink; but I am not sure the GOP has everybody interest or safety in mind. Seems like they are only watching out for selected few, the safety boats will only have them as the ship sinks. Yet they are the better swimmers, why not throw some life vest to others...pay more taxes.
    20 Mar 2012, 01:57 PM Reply Like
  • WMARKW
    , contributor
    Comments (10466) | Send Message
     
    Hey eloso1.....I always find it interesting and a little disconcerting in the big disaster movies how the continuity of government crowd works. Frankly.....I think we'd be better off if they were all left behind and we started fresh.
    20 Mar 2012, 02:02 PM Reply Like
  • davidbdc
    , contributor
    Comments (3165) | Send Message
     
    His budget plan should be roundly criticized for being a cop-out. We need balanced budgets NEXT year. We don't need any more debt, we don't need any more government programs, no more government bureaucrats, no more trading freedoms for promises of government taking care of you.

     

    We need cuts, more cuts, and then more cuts.
    20 Mar 2012, 04:14 PM Reply Like
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