It is fairly clear that the money in this country is steadily collecting at the
top.It is also questionable that "trickle down economics" actually
works. (unless taxes are over 70%)I do agree that we have a spending
problem in this country as well as a demographic problem.We have 3
big spending buckets. Social Security, Medicare/Medicaid, and Defense.Rising health care costs coupled with the baby boomers hitting retirement age
has to be addressed.But, in typical Republican fashion, shared
sacrifice means cutting taxes for the rich, expanding defense spending and
cutting services which affect the poor and middle class.The only
thing "shared" in Ryans budget, is that the wealthy's share of the
wealth increases while the poor and middle class share the pain.Someone, anyone? Are there any negative impacts of Ryans Budget on the top
10%? Because the affect on the rest of the 90% is evident.
"Sargent wonders if the budget might backfire, playing into the perception
that Republicans are not concerned with the well-being of low-income
Americans."Perception? There's nothing to question in this
document and blue print. You only have to observe. Rather than trying to find
ways to sustain social welfare programs at current levels of participation the
budget simply seeks to reduce participation with cuts and privatization. No
hidden message there.Increase military spending while cutting social
programs, no hidden message there. Protect the wealthy (those
making over 100K) from further taxes that could sustain some of the social
welfare programs, no hidden message there.
What a waste of time Paul Ryan's budget is.Paul Ryan's
budget smells a lot like the same-old, same-old budgets; namely, SPEND a lot,
then "save" money in 10 yrs. Interestingly, the "save" NEVER
happens.IF Republicans really want to be serious, tell us how the
government budget can be reduced, (and fight for that, alone)after they've
saved us 15-20% (in REAL savings)tell us what we need/can do taxwise to help our
Republican strategy? More like Republican tragedy - for America.
The Ryan budget is an abomination. It also represents a mainstream Republican
The GOP just keeps talking,fighting and listening with itself. This budget will
be used against them this Fall and Democrats will make hay with it.
@JoeBlowWell it really is hard to cut taxes on anyone else but the
"wealthy" since 49% of taxpayers pay no federal income tax or better yet
get credits/refunds!!!!You do realize that the budget is mostly just
reducing the rate of spending from over 5% to around 3% and there really are no
legitimate "cuts" right?Do you get to increase spending at
your house 5% every year regardless of income increases?The reality
is that both parties have caused the spending/debt crisis we now face.Republicans have dug their heels in because any and all new revenue increases
are immediately spent on new/increased spending/social/entitlement programs.
Democrats don't want any cuts because that is how they "buy" their
votes to win elections.The other reality is the gap between rich and
poor has widened under obama. Poverty has increased. These are facts.Democrats have been lied to and they are are too foolish to realize they will
eventually be nothing but poor people who are manipulated for political
purposes. Obama says one thing to get votes and then does the opposite.All politicians need to be voted out every term.
I have not read where Ryan's budget proposal recommends cutting taxes for
the rich. Rather, it focuses on the problem, ever growing entitlement &
welfare programs that are overwhelming the federal budget. Do liberals realize
or even care that the day will arrive when interest payments on our debt and
entitlement/welfare spending will require nearly 100% of the Treasury annual
tax/cash flow? How will we balance the needs of our country for transportation,
education, defense, scientific investments, the arts and a myriad other
priorities when nearly everything is going towards interest on debt and welfare?
Honest people will recognize the problem, make tough decisions that
aren't necessarily popular, and correct our dire course. Democrats, on the other hand, will largely ignore the problems, continue to
try to buy elections via campaign promises, and continue the path we are on that
looks like Stockton, CA, Detroit, and other cities that have gone bankrupt.
A step in the right direction. My taxes have gone up again this year. I am not
a dirty wall street banker/trader that is flying around in my own jet. I am a
small business owner who has sacrificed and worked hard. I have invested my
money and put my own neck on the line to succeed. Now that I am successful, the
government comes in and one quarter of my business, sacrifice, investment, time,
and money go to the government. More people need to pay taxes. I am considered
rich and I am already paying far more than my fair share.
"it focuses on the problem, ever growing entitlement & welfare programs
that are overwhelming the federal budget."No matter how you
slice it, this problem is cause mostly by healthcare costs. You can call
medicare and entitlement. And medicaid most certainly is by most
definitions.But, SS and Medicare are the budget problem going
forward. Go the the Heritage foundation website and even they will detail that
out for you.People carp about the skytocketing deficit under Obama.
Fair enough, because it is. But, again, look at the Heritage foundation
website. It lays out the cause of the problem.It is increased
MANDATORY Spending and reduced revenues. If those 2 numbers were the same as
under Bush, the deficits would be identical to Bushs.Soc Sec is a
fairly aasy to fix, but the dems dont want benefit reductions and the GOP wont
raise revenues to fix it. = stalemate.That leaves Medicare. We
either have to cut costs, raise taxes, or reduce benefits. I doubt the Ryan
Budget does any of those things, and the old man base of the GOP would not stand
for it.Lastly, our defense budget is inflated. Look at the Abrams
tank issue for confirmation.
Every time someone comes up with a budget plan that actually balances the
budget, the liberals including Obama have a mocking party! What's the
matter, isn't $17.3 trillion enough debt for you? Not to worry, by the time
Obama leaves office (if he ever does) the national debt will be over to $20
trillion! Our grandchildren won't mind us spending their future will they?
the middle class is dieing. the rich bought more vaction homes than any time in
history. another high court will not let even more money be donated to people
running. and anyone worries about his budget. class war has been going on sine
regan. and the upper class is winnig and will soon make america a 2 class
country them and the new formed underclass.
I do not know why people confuse their personal finances, micro economics, with
what the government deals with which is macro economics. They are totally
different, and solutions that work for micro will not work with macro or vise
verse.Our monetary system is solely based on debt and the only way a
debt based monetary system can work is if it is constantly expanded. The
government and the public at large can not pay off more debt than it creates.
Otherwise we have recessions and depressions.
Social Security is also contributing to the budget and deficit problems. Social
security is a nice program...unless the demographic numbers begin to reverse.
This is the case in the US as baby boomers retire in great numbers monthly,
drawing upon Social Security. The existing workforce contributions to SS are
not sufficient. Adjustments must be made to the program to ensure its solvency
and availability for future generations. Unfortunately, Democrats and
Republicans use SS to punish their opponents. If a politician makes an honest
attempt to adjust SS, they are attacked and lose elections. Americans must educate themselves and rise above their own self-interests.
Taxes, unemployment benefits, SS, Medicare, Obamacare, food stamps, farm
subsidies, energy subsidies, defense...all must be modified, adjusted, reformed,
or eliminated. The goal is to achieve a balanced budget and over time pay down
the national debt. I am frustrated at Democrats who refuse to acknowledge and
act on the spending problems in DC, and I am frustrated at Republicans who do
the same thing. But to be honest, Republicans are making a greater effort here.
@Anti Government"Republicans have dug their heels in because any and
all new revenue increases are immediately spent on new/increased
spending/social/entitlement programs."Compared to trillion
dollar deficits the first few years of Obama's administration we're
looking at a deficit of around 650-700 billion this year, so something's
reducing the deficit.
@MontanmanLiberals have come up with the last budget that was balanced.
And they can do it again but it would include raising taxes, and freezing
military spending. Neither of those proposals will go very far. So that's
where we sit, playing our fiddle while Rome burns. Both parties need to give in
or we'll all be out in the cold.
Ft. When have liberals ever come up with a budget that was balanced? And you
already got a huge tax increase not including Obamcare (according to SCOTUS it
is a tax).
Strategy? Their only strategy is to attempt to block anything the President has
proposed. They offer no solutions. Their solution to the conservative
plan, known as the ACA, is to let people declare bankruptcy over having medical
To many Obamaites are riding in the wagon instead of pulling the wagon. Any
Budget that strips the strategy of BIG GOVT is a budget real Americans will vote
Ryan's plan? Steal from the middle and lower classes and give to the
rich.The GOP's strategy? Block anything Obama proposes even if
they're republican ideas.
@MontanmanYes, BO got a tax increase just a few years ago and your GOP was
in control of Congress. Also, RYan's budget does not repeal those tax
increases or the taxes that were created to fund Obamacare. Seems your GOP
friends love to spend the taxes the Democrats create on their rich friends and
not return them to the people. Now that's hypocrocisy.
FT - The GOP was not in control of congress during the last budget, nor at any
time since Obama took office, at least not until 2015. Nice try at blaming the
republicans for the democrat tax increases (plural!)FT - The last
balanced budget was created by republicans in congress led by Newt Gingrich.
Democrat president Clinton was smart enough to sign it, (although he wasn't
smart enough what he shouldn't do in the Oval Office with young interns).
The current president isn't as smart as President Clinton. Kinda makes ya
wonder...FT - How many lies from Obama are you willing to endure,
and how many are you willing to perpetuate for him?Mountanman -
$17.3 Trillion is not enough. We are up to $17.6 Trillion (to 3 significant
@BadgerBadgerConservative always try to rewrite history.The House of
Representative, controlled by the GOP passed the tax increase legislation two
years ago. That's a fact. Not one Republican voted for the tax
increases in Clintons first year of office which enabled his budget several
years later to be balanced.Conservatives need to stop taking all their
facts from Rush and Hannity. They don't report news they create it.