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The GOP Budget and America's Future


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The president's budget gives more power to bureaucrats, takes more from taxpayers to fuel the expansion of government, and commits our nation to a future of debt and decline.

Paul Ryan

3/19/12

 

Less than a year ago, the House of Representatives passed a budget that took on our generation's greatest domestic challenge: reforming and modernizing government to prevent an explosion of debt from crippling our nation and robbing our children of their future.

 

Absent reform, government programs designed in the middle of the 20th century cannot fulfill their promises in the 21st century. It is a mathematical and demographic impossibility. And we said so.

 

(Snip)

 

The contrast with our budget couldn't be clearer: We put our trust in citizens, not government. Our budget returns power to individuals, families and communities. It draws inspiration from the Founders' belief that all people are born with an unalienable right to the pursuit of happiness. Protecting this right means trusting citizens, not nameless government officials, to decide what is in their best interests and make the right choice about our nation's future.

 

 

 

 

 


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pollyannaish

Right now, Paul Ryan is my favorite politician period. He is the only one I would even remotely consider contributing to.

 

He not only identifies the issues...he actually has solutions down on paper. What a novel concept. A little less talk, and a lot more action.

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Right now, Paul Ryan is my favorite politician period. He is the only one I would even remotely consider contributing to.

 

He not only identifies the issues...he actually has solutions down on paper. What a novel concept. A little less talk, and a lot more action.

 

OMG!!! Paul Ryan and the ultra extremist Republicans on the House Budget Committee are playing politics by daring to put out a budget...you know like the Constitution says they are supposed to.

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The Corner: The New Ryan Budget

By Yuval Levin

March 20, 2012

 

Last year, House Budget Committee chairman Paul Ryan transformed the Republican domestic policy debate with a budget proposal that showed conservatives where they should want the Republican party to be on the key fiscal issues confronting the country: entitlement reform, tax reform, and federal spending. The success he achieved has been nothing short of extraordinary. These days, it’s hard to find anyone on the right who disagrees with Ryan’s prescription for our fiscal ills—and (which was not true a year ago) even with his proposal for Medicare reform, which is the most needful and essential of his prescriptions.

 

Today, Ryan has released his new budget proposal for 2013, and what he offers is no less remarkable—and in some key respects even more remarkable. The outlines are similar to last year’s budget of course. What was the right way forward then remains so: repealing Obamacare, restraining federal spending, reforming the tax code to broaden the base and lower the rates, fixing and modernizing the safety net so that it helps make the poor more independent rather than making the middle class less so, and reforming our entitlement programs—averting fiscal catastrophe by advancing the novel idea that markets work and consumer choice is better than bureaucratic mandates. The budget cuts spending by $5 trillion over the next decade (compared to Obama’s budget), reduces deficits by $3 trillion, begins to reduce the debt as a share of the economy very quickly, and (especially thanks to its Medicare reform) averts a disastrous debt crisis beyond that.

 

But the details of this year’s budget are in some key respects significantly better than last year’s. Its tax proposal is more specific (though still not specific enough, since decisions about how to handle individual exemptions, credits, and deductions would have to be made by the House Ways and Means Committee). On defense it offers a responsible alternative to President Obama’s attempt to squeeze our military to buy an unreformed liberal welfare state a few more years. And on Medicare, it moves even further in the direction of enabling efficiency in health care through real market competition but at the same time makes the politics of Medicare reform easier rather than harder for Republicans—significantly easier, I think.

 

 

(Snip)

 

The Path To Prosperity

 

Two thing I noticed 2 individual brackets of 10% and 25%, the end of the Alternative Minimum Tax.

 

Balls in your court Mr. President.

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Video: Paul Ryan At The American Enterprise Institute

 

Immediately following today's release of the FY 2013 House GOP budget plan, Congressman Paul Ryan, chairman of the House Budget Committee, spoke at AEI about some of the major policy proposals in the new plan and their implications for the American people. In particular, he highlighted Medicare, arguing that based on current projections, the system must undergo drastic reform to survive beyond the coming decade without compromising America's future economic growth. He contended that the Obama administration's recently released budget does not adequately address the future consequences of current health care legislation, particularly with regard to the Independent Program Advisory Board, and ultimately increases potential loopholes in the system. Congressman Ryan also voiced his concerns over the budget cuts facing the defense industry and, to that end, noted that his "Path to Prosperity" plan moves to ameliorate the nearly $55 billion in FY 2013 cuts to the defense budget mandated under sequestration.

(Snip)

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