The Republican Budget Plan Will INCREASE The Debt According To The Non-partisan CBO!
For all their hyperbole about how imperative it is that we cut spending, the Republicans big plan actually increases the debt AND makes health care much more expensive for seniors. WTF! Talking Points Memo has the story…
The nonpartisan Congressional Budget Office’s initial analysis of the House GOP budget released today by Rep. Paul Ryan (R-WI) is filled with nuggets of bad news for Republicans.
In addition to acknowledging that seniors, disabled and elderly people would be hit with much higher out-of-pocket health care costs, the CBO finds that by the end of the 10-year budget window, public debt will actually be higher than it would be if the GOP just did nothing.
I think the President should throw it back in their faces and say, “nice try….what else you got, punks?” And the Republicans have been accusing the Obama administration of using smoke and mirrors as they use over the top rhetoric about cutting spending and bringing down the debt while trying to slip us a proposal that actually raises the debt. Once again, WTF? More from TPM…
In other words, the spending cuts Republicans would realize in the first 10 years would be outpaced by deficit increasing tax-cuts, which Ryan also proposes. After that, debt projections under the plan improve decade-by-decade relative to current law. That’s because 2022 would mark the beginning of the Medicare privatization plan. That’s when, CBO finds, “most elderly people would pay more for their health care than they would pay under the current Medicare system.”
What they are trying to do, once again, is to take money from elderly, women, children, students…NPR funding etc. AND GIVE IT TO WEALTHY PEOPLE IN THE FORM OF TAX BREAKS! Excuse the language, but how many fucking times are they going to pull that shit and get away with it. How can so many Americans be so goddamn stupid and keep electing these greedy puppets of the corporate class and Wall Street. The fucking media just goes along with it too, since most of them benefit from Republican policies as well as the owners of all these media outlets. At some point, the rich people are going to regret squashing the working class people when none of us can afford to buy their fucking products.