++There is even more good news. This year's Ryan budget is his last before he goes onto the Ways and Means Committee. And it is the most bizarre of his budgets to date.
++The Budget repeals all of Obamacare. It repeals all Medicaid expansion. It turns the Medicare program into a voucher program. It advocates privatizing social security. It cuts education. It cuts all funding for the Consumer Protection Agency. It makes all food stamps into block grants to be administered by the states. It raises the Defense Budget by 5%. It cuts health-related expenditures by $5 trillion.
++It also cuts the top tax rate to 25%. This would be $5 trillion over 10 years. So if revenues are $500 billion less each year, what do you do? Easy close loopholes. Paul Ryan actually put an * to note this in his budget.
++Basically this is the aircraft carrier budget. The United States consists of its military and nothing else.
++Like all Ryan budgets,there are no hard numbers. It is a "Vision" he says. I guess a Dystopian vision.
++But it's not bad enough. Sarah Palin attacked it as a "liberal budget" and tea baggers denounced it out of hand.
Thursday, April 3, 2014
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