Sponsored Content

Intermarkets' Privacy Policy

Donate to Ace of Spades HQ!

Recent Entries
Absent Friends
GnuBreed 2024
Captain Hate 2023
moon_over_vermont 2023
westminsterdogshow 2023
Ann Wilson(Empire1) 2022
Dave In Texas 2022
Jesse in D.C. 2022
OregonMuse 2022
redc1c4 2021
Tami 2021
Chavez the Hugo 2020
Ibguy 2020
Rickl 2019
Joffen 2014
AoSHQ Writers Group
A site for members of the Horde to post their stories seeking beta readers, editing help, brainstorming, and story ideas. Also to share links to potential publishing outlets, writing help sites, and videos posting tips to get published. Contact OrangeEnt for info:
maildrop62 at proton dot me
Cutting The Cord And Email Security
Moron Meet-Ups

« Duck!/Open Thread [CBD] | Main | For Those Of You Who Wanted A Government Shutdown...You're Not Getting One »
March 12, 2013

House GOP's 10 Year Balanced Budget Plan

It's all theater but I guess it's necessary theater.

The 10-year spending plan released Tuesday by Rep. Paul Ryan is virtually identical to last year’s GOP budget: It would defund President Obama’s health-care initiative, end guaranteed Medicare coverage for future retirees and sharply restrain spending on the poor, college students and federal workers.

The one big new development: Ryan’s latest blueprint would balance the budget, producing a small surplus in 2023 — a goal achieved not primarily through deeper spending cuts, but by the addition of more than $3.2 trillion in new tax revenue.

As Dean Clancy, FreedomWorks' healthcare guy points out, it's a bit of shell game.

So the GOP continues to oppose ObamaCare but has embraced the ObamaCare tax hikes they've spent years saying will kill the economy.

Clancy also points out that Ryan budget will grow the government at 3.4% per year as opposed to the current projection of 5% per year. A-It still grows government and B-Cutting the rate of growth 1.6% per year is beyond what's politically possible at the moment.


Democrats meanwhile have released their own budget blueprint. It doesn't even pretend to balance, nor does it hide the tax hikes.

But the tax figure could present a problem for a handful of red-state Democrats up for reelection who Republicans will undoubtedly say are supporting a $1 trillion tax hike if they back the plan.

Nevertheless, Democratic leaders believe the Murray plan will allow their party to show a major contrast with Rep. Paul Ryan’s budget and its calls for a significant overhaul of Medicare. And they expect to have the support of at least 50 Democrats on the floor to ensure they would be able to pass the first budget out of the Senate in four years.

The Murray plan would not balance the budget in a 10-year timeframe like the Ryan proposal would. But Murray’s 50-50 split between taxes and spending is supposed to be consistent with Obama’s call for a “balanced” approach for deficit reduction, something they argue voters largely support rather than the cuts-only approach backed by Republicans. Obama plans to unveil his budget plan after Congress begins to debate the competing proposals, something that Senate Minority Leader Mitch McConnell said would “drop a bomb” on the budget process.

I don't blame Ryan for coming up with gimmicks to balance the budget in 10 years. The whole notion is a gimmick Boehner promised this as a sop to the right after caving on the fiscal cliff temporary debt ceiling hike.

Politically, it's kind of a meh for the GOP. I mean they did run on this last year and if memory serves, it didn't go well. Now you can chose to believe the ideas are popular (and lots of folks will point to polls showing they are) but when actually put the voters it didn't work that way. Maybe Romney was just that unlikable. Personally I think it's both.

Don't get me wrong, the Democrat's plan won't be popular (unless they convince people the taxes will only fall on the "rich", aka...someone else) but it doesn't even pretend to solve the deficit/debt problems.

Nothing is going to happen while Obama is in office to deal with entitlements. That's just a fact. I wish the GOP had come up with a new and different approach to dealing with the problem but there isn't one. It's just math.

People will keep telling pollsters they want these problems solved but when it comes to voting they will send people to DC who will support more spending (which is what the voters really want) that will only make it worse.

In the meantime, the burning will continue apace.

digg this
posted by DrewM. at 11:36 AM

| Access Comments

Recent Comments
Thomas Bender: "There are two morals to the story... Moral 1: W ..."

Commissar Hrothgar (hOUT3) ~ [b]This[/b] year in Corsicana - [i]again[/i]! ~ [/i][/b][/u][/s]: "[i]But the people holding his strings aren't stupi ..."

JackStraw: ">>That is my fear as well. The Idiots In Charge do ..."

Anna Puma: "Joey didn't promise enough bomb belts in each cook ..."

Commissar Hrothgar (hOUT3) ~ [b]This[/b] year in Corsicana - [i]again[/i]! ~ [/i][/b][/u][/s]: "[i]But I fear bigger things are coming. The number ..."

JackStraw: ">>JackStraw @ 294- What level of hell do these t ..."

NaCly Dog: "Have a great night, everyone. May you all thriv ..."

Alizarin Crimson: "80,000 miles are worth about $1400. Do the mat ..."

[/i][/b]andycanuck (2yu8s)[/s][/u]: "There's no such thing as a Biden rally... Posted ..."

NaCly Dog: "Anna Puma That would be a great Rant. Wedding ..."

Angzarr the Cromulent: "That Babylon Bee story about Mr. P. and Mr. Z. at ..."

mnw: ""Uncommitted" is getting 15% in the MI DEM primary ..."

Recent Entries

Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64