(CNN) - On the same day he is set to unveil a budget proposal that calls for slashing the debt by $4.4 trillion over the next 10 years, Republican Rep. Paul Ryan of Wisconsin is making his sales pitch in a new web video.
The three-minute YouTube video posted by the House Budget Committee features Ryan walking through the most pressing budget problems, including the fact that in 2013 it is projected 68 cents of every tax dollar will go toward paying for health and retirement entitlements as well as paying interest on preexisting debt.
The video comes the same day President Barack Obama has invited congressional leaders for a meeting Tuesday to try to push through a budget deal three days before the deadline to avoid a partial government shutdown.
Ryan, considered a rising star in the party, is chairman of the House Budget Committee.
More of the same......flood up economics! Who benefits from Ryan's budget "solutions?" THE INSURANCE INDUSTRY--The REAL death panels!
Call your Congressperson and urge him or her to tell this clown to put his budget where the sun don't shine! America's working class and poor do NOT need to give any more of their hard earned dollars to big business.
It seems very simple to me. If Ryan gets his way, the elderly would get a voucher to pay for insurance that covers about 1/2 of what they need. To get full coverage, the elderly would have to pick up the premium which, of course, only the rich will be able to afford.
Mr Ryan youve got to look at facts, trend and retains when you do any thing to the future to expec results. Fact are we are in a recession where jobs growth are concerned, we have a supply and demand capitalistic society, that means money starts from bottom up and top down, there will be no demand if money is not at the bottom level, this means services will not be at the top level to accommodate supply. Without supply their will be no jobs. Without jobs their will be no money going to the Feds in taxes. Trend we are on a upswing in the economy we are finally gaining jobs on a bigger scale, and the stock market is on am upswing which is causing confidence in the economy and allowing folks to spend theironey, any drastic event will either disrupt this trend weather negatively or positively, the fact is we cannot afford have another dip in this fragile economy because we don't have the means to get back from another one. Every action brings a reaction, if you take 4 trillion dollars the spenders of the economy, where will these job creators going to react when their customers suddenly dont have money anymore, the big corporations can quickly relocate over seas but what is going to happen to our local businesses that don't have the money to do like wise. The repugs plan sound good to the ear but the mechanics are destined for disaster.
We all get to pay for the republican destruction of America, just to give the wealthiest bigger tax breaks.
Common sense tells me that we also need a revenue increase to go along with spending cuts. But Heaven forbid these Republican/Tea Party will not think of raising taxes on the wealthy. In fact they want to lower taxes more by 10 points(from 35% to 25&) for the high end taxpayers and cut corporations by the same amount. They must be delusional to keep saying tax cuts create jobs, these Bush cuts have been in effect for a decade and look at the job numbers, But what the Hell, the rich should not have to pay for the country they live in.
Mr. Ryan, I endorse capitalism. I do not endorse imperialism. The world has seen economic empires in the past, and they all collapsed under the unsustainable weight of the own greed. Any economic policy that is dependent upon the ability to grow for infinite time is unsustainable. A good economy is a stable economy, which is a self sustaining and self correcting economy.
"The moral test of government is how it treats those in the dawn of life – the children; those in the twilight of life – the aged; and those in the shadows of life -, the sick, the needy and the handicapped."
The Republicans inevitably fail that test. That's why I'm a Democrat. And that's why a substantial percentage of our budget goes to those programs – because it should.
The demographics relative to funding seem left out. The largest demographic group in our nations history (the "Baby Boomers") now reach retirement and will overwhelm exisiting funds and revenue mechanisms. This disparity was never a real concern for those who conceived the major entiltlement programs. Of course, they could not have been prophetic enough to understand the cost of living increases legislated after the enactment of Social Security, Medicare and Medicaid. Or did they? The "War Against Taxes" now bears it's fruit. Maybe our elected officials should simply take the position of "You get what you pay for" and eliminate cost of living increases retroactive to 1982 and pay only what the recipient has contributed. Generations of Americans stuck with the "Baby Boomer" crisis and resulting budget issues need only wait out the natural attrition of this demographic to realize fiscal balance.
You can't stop defict spending with CUTS ALONE..YOU HAVE TO RAISE YOUR TAX REVENUE!!! IT'S SIMPLE ECONOMICS....OUT OF THESE CUTS, WHY EXTEND THE BUSH TAX CUTS FOR THE RICH????? ONLY THE UPPER 2% OF THE WEALTHIEST AMERICANS WOULD SEE A TAX INCREASE!!!!..These guys are poisened by Reaganomics, whose ridiculous policies started this whole mess!!! The idea of "trickle down" economics was pure stupidity from its inception and simply doesn't work!!!!....if this hasn't become evident to you by now then you need to freshen up on your economics!!!!!
Too bad the upper wealth %ers aren't being asked to help shoulder some of the *pain* the rest of us are being forced to carry. After all, they have been receiving the most in monetary benefits from the GOPers already, certainly since GWB gave them their tax cuts in 2002, and the GOPers willingness to fight last year to keep those same tax cuts in place for the next two years. To hear Ryan talk, you'd think Seniors who now depend upon their SS and Pensions are the sole cause for the economic problem we face. Even after THEY, at least, have spent the past 60 years paying into the system . . . unlike so many who now want to take what little they have paid in over the past few years, out - to invest in the market - of all things too stupid to contemplate. Wall Street already owns our 401K and our Pensions. They can make do without our Medicare and our Social Security just fine.
I don't know what many of you have been paying attention too , but what i've been witnessing over the past two years is a very large and constructed attempt by republicans to turn this country upside down , if they ( republicans ) are so unwilling to compromise on anything . Watching the comments go back and forth about who's way is right and who's way is wrong has not gotten us anywhere in resolving our countries issues . Now correct me if i'm wrong , republicans over the last two years have thrown a monkey wrench into any progress that's being made for ordinary Americans ( middle-class , the poor and elderly ) . Why is such a good thing to give the richest of the rich all kinds of tax breaks and then when the country and everyone needs help there's a financial issue . Republicans are holding up progress period and if an ordinary person can see this then i'm sure they are aware of the kaos and destruction that they are putting on the American citizen , how can our children compete with other countries when our education system is being attacked by the republican party , how can our seniors live out the rest of their years with going to the poor house , because surle that's where republicans are taken our country and yet they in turn blame everyone else but themselves.............
want to balance the budget try no wars no tax breaks for the rich no off shore bank accounts no foriegn aid for ten years
More tax cuts for businesses and lets just let the sick & old take care of themselves at the discretion of Big Insurance&Pharma? We are a Christian nation? Really? Any thinking person knows cutting taxes during wartime is asinine. War costs money,boatloads of money and its gotta come from somewhere. The last guy told us to go shopping. Brilliant! Somehow that makes Bush a genius & Obama an idiot in upside-down land.Now that the actual #'s for Iraq & Afghanistan is added in we're finally getting the big picture after being told for years by repubs that deficits dont matter. How do they continue to get away with this misinformation? Are people's memories really that short?
This man is clueless. He really thinks Main Street is accepting of this? Lower taxes for the rich and again, puts the burden on the backs of the middle class. I don't think so...
These Republicans and their "ideas" can jump off a cliff. They have proven over and over that the only Americans they truly support are the wealthy. They do not care for the middle class or the poor, in fact they are trying to kill us off. Anyone who votes for these lying, arrogant, rich jerks are simply cutting their own throats.
You libs are correct. Things are so much better now. I mean, the world likes us more, you know, really respects us. Because of that newfound respect, other countries are cooperating more and complaining less. Just ask Castro, Chavez, and that Iran guy. Even Khadaffi likes us, im not so sure why we are shooting missiles at him though.
We have a future that is brighter than ever, new entitlement programs will make life easier, how do we pay for them? I don't know, just let the rich figure it out.
Solar and windmill power are just around the corner (Beoing is making a new windmill-powered jumbo jet next year.) which will make future wars (Oops, i mean, "Kenetic Military Actions") over oil unnecessary.
So why are we even fighting about the budget?.... just tack-on 10% to every program out there and let's kick this can down the road until Obama's re-election. Then, let somebody else figure it out.
Bill Clinton steadily reduced the debt increase while he was in office, thanks largely to the 1993 Debt Reduction Act* that was OPPOSED BY EVERY SINGLE REPUBLICAN IN CONGRESS, led by Newt Gingrich! The Republicans claimed that the Debt Reduction Act would result in HIGHER deficits and also result in an economic recession during President Clinton's term. Obviously, with hindsight they were completely wrong. Republicans don't seem to be very good at math, or economics.
Now, after 20 years of huge Republican deficits and Republican recessions, the National Debt has increased from $937 Billion - LESS than $1 Trillion - the day Ronald Reagan took office to ALMOST $10 TRILLION!!! The Debt has increased more than TEN TIMES what it was when Ronald Reagan promised to reduce the National Debt by 1983! We and our children and their children will be paying off the debt added by Ronald Reagan, George H.W. Bush and George W. Bush for the next 100 years and more! For what !?!? Services have been cut across America. Police and Fire Departments haven't grown nearly as fast as our population. Even the number of troops in the military has been cut while military spending has skyrocketed!
"Death panels" are alive and well within the GOP ranks.
Killing old folks and kids by cutting WIC and Medicaid are discretionary spending cuts not to be confused with "tax cuts" for the rich.
On the positive side all the sick and infirmed that used to be in nursing home should "die quickly".
Bailin' Palin was right about "death panels" but accused the wrong party for instituting them.
Grayson said the GOP's medical plan was to "die quickly"!
Looks like Grayson was right on the "money" so to speak.
And so it begins – been saying for years that the ultimate goal is to get rid of Social Security and Medicare and Medicaid. Ryan's budget is the first step in that process. And you seniors who think that you're safe are living in lala land – they'll come after you too! The richest 5% in the country control and run the GOP, the Tea Party and most of the Democratic Party – they don't care if you have your pension, your healthcare or if your children and grandchildren have a country – they worship something greater than the USA or God, they worship the almighty dollar.
Please note: 40% of that graph is B.S. projections. Ryan, on the other hand, is 100% B.S. Want to know where his plan leads? Look at his district and you shall see the wonders that outside money can perform - a clueless Congressman bought and paid for by the Kochs (but, hey, he'd drink their libertarian Kool-aid for free! He just needs a little money to trick people into voting for him...) and a local economy for sale because they don't have any money or jobs left. So much for trickle-down economics. The people with the money do nothing with it except try to avoid taxes, and then they send the money they saved somewhere else. Which is a great system, I guess, if you are rich or very, very stupid.
keep your hand off of my mother, grandmother medicare you young dumb foolish boy.
Paul Ryan doesn’t know squat about a budget; further, Mr. Ryan fails miserably when he blatantly refuses to factor in the single most money draining portion of the budget: DEFENSE SPENDING! I know Paul Ryan, as I live in his district in Wisconsin; Mr. Ryan is only interested in, well, Mr. Ryan and destroying the middle class.
Voucher Programs, doled out by the government and VAT taxes for everyone except corporations is no way to balance any budget; we will not even get in to the fact that Mr. Ryan cannot predict what is going to happen this Friday, yet alone some 10-15 years from now. One of our local newspapers, the JS from Milwaukee, may cover Mr. Ryan’s constant flatulence on a daily basis, but that only tells us much about the JS.
As for Alexander Mooney's – the writer of this piece – constant use of the phrase, "Ryan, considered a rising star in the party..." The only person in the Republican Party who thinks Mr. Ryan is a rising star of anything is Alexander Mooney and Mr. Ryan...
It would seem the Alexander Mooney and the JS have one thing in common: they both like the smell of Mr. Ryan’s derrière…
I have a sugestion for democrats GROW UP! The government is not your mother. Learn to take responsibility seriously. I know many of you are minorities and low income people, but if you ever want to get ahead, stop blaming others and start working hard to better yourself. Quit looking for others to solve your problems and let responsible people take care of the future by stoping our government from bankrupting our country. Even though you cant see it, Ryan's plan will protect your future by being fiscally responsible.
Ah, but see – he has a graph! And it goes really, really high at the end! Oooooh. He doesn't have any facts to back it up, and such graphs can be sugarcoated to give any results that you want, but because he has the visual aid, and he's Republican, that's all that matters to too many people who don't like reality.
Paying interest on preexisting debt - that another term for saying all the money on foreign wars and decades of support big corporations has finally got to be paid.