A Greed Driven Budget or April Fool’s Joke?

WASHINGTON — Todays unveiling of Paul Ryan’s newest Republican budget exposed what Republicans will do if they gain complete control of Congress. His greed driven budget will allow the rick to harvest a windfall of tax cuts while the poor and middle class would be burdened with the painful costs. This budget will also allow Democrats to broaden the political difference between the two parties beyond health care, minimum wage and unemployment benefits.

Ryan laid out a budget plan that slashes $5 trillion in spending over the next decade on the backs of the poor and middle class. He falsely claims he would bring federal spending and taxes into balance by 2024, through drastic cuts to Medicaid and food stamps, and the total repeal of the Affordable Care Act just as millions are reaping the benefits of the law.

Domestic programs would be reduced to the lowest levels since modern government accounting while defense spending would increase. Medicare would be converted into a “premium support” system, where people 65 and older could purchase private insurance with small federal subsidies instead of government-paid health care. Subsidies in truth could not pay for health care of these people.

“We need to be a proposition party, not just an opposition party,” said Ryan, Republican of Wisconsin. “We believe we owe it to the [rich] country to offer an alternative to the status quo. It’s just that simple.”

Even with those tough political choices, the budget would balance in 2024 only because Ryan is assuming his cuts would prompt a burst of economic growth to raise tax revenues above what independent economists forecast. Back to trickle-down economics. He also does not adjust the government’s revenue ledger to reflect the cost of repealing the health care law’s tax increases and Medicare cuts, which could add an additional $2 trillion.

The Ryan budget will be formally drafted on Wednesday in the Budget Committee and brought to a House vote on Friday — if Republican leaders can find 217 votes to pass it over the concerns of moderates who say it goes too far and conservatives who say it does not go far enough.

Regardless of the vote, the budget will be front and center in the coming campaigns.

Paul Ryan’s budget is close to the heart of core Republican values and beliefs: Deliver Wealth to the wealthy, Power to the powerful, and suffering to everyone else…

In all, Ryan said, spending would be cut by $5.1 trillion over the next decade. More than $2 trillion of that would come from repealing Mr. Obama’s health care initiative, the Affordable Care Act, a political move that may be much more difficult now that more than 10 million Americans have gotten health insurance through the law, either through private policies purchased on insurance exchanges, through expanded Medicaid or private policies purchased through brokers but subsidized by the law.

Such an [Ann Rand] approach “empowers recipients to get off the aid rolls and back on the payrolls,” Mr. Ryan wrote. More importantly, it stuffs money in the pockets of the rich and powerful.

The toughest cuts would come from domestic programs that have already been reduced steadily to rubble, since 2011, when Republicans took control of the House. Nor did Ryan shy away from hot-button issues.

Education funding would be cut by $145 billion over 10 years. Pell grants for college students would lose $90 billion. University students would start being charged interest on their loans while still in school, reaping $40 billion.

Under the greed driven world of Republicans, Federal subsidies for the National Endowments for the Arts and Humanities, as well as the Corporation for Public Broadcasting “can no longer be justified,” Ryan said.

Not even big bird and Sesame Street will be spared the pain of Ryan’s cuts. The arts, in addition to public television, will be wiped off the face of the earth.




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