Hannelore Morton 31 minutes ago Whatever objections anyone might have to various details in Rep. Paul Ryans bold new plan to cut $5 trillion of government waste, one fact trumps all else: Unlike Democrats, he offers solutions, not denial. The one thing that stands out in the long-term budget plan unveiled Tuesday by House Budget Committee Chairman Ryan, R-Wis., is his acceptance of a fact Democrats want to hide: You cant squeeze enough extra money out of the rich to pay for our endlessly expanding entitlement programs of Medicare, Medicaid and Social Security. Tax revenue over many decades has been relatively unchanging . And it will slam straight into the steep mountain of growing entitlements, with the crash and burn taking place in the late 2020s. Deny that and you might as well deny the law of gravity, too. news.investors/ibd-editorials/040114-695478-ryans-5-trillion-trim-addresses-impending-fiscal-catastrophe.htm
Posted on: Wed, 02 Apr 2014 02:38:42 +0000
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