Paul Ryan, Enemy of the Middle Class?
- Thread starter Assuredcw
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Scandal-drunk GOP goes mute on the deficit
From the link:
....CBOs estimate of the deficit for this year is about $200 billion below the estimate that it produced in February 2013, mostly as a result of higher-than-expected revenues and an increase in payments to the Treasury by Fannie Mae and Freddie Mac. For the 20142023 period, CBO now projects a cumulative deficit that is $618 billion less than it projected in February.
This is huge news. Republicans should be crowing about this. The spending cuts from 2011 and the sequester, plus the revenue generated by the expiration of the Bush tax cuts for those earning more than $400,000 annually, are part of this rosier picture. The downside to all this is that it will strip away the urgency to get something done on entitlements through some sort of grand bargain....
You would think this would be a win-win for everyone. Nope. They have "scandals" that are specifically the President's fault to investigate!
(And Paul Ryan is taking a back seat so they can focus on it. At least we know where the priorities are.)
From the link:
....CBOs estimate of the deficit for this year is about $200 billion below the estimate that it produced in February 2013, mostly as a result of higher-than-expected revenues and an increase in payments to the Treasury by Fannie Mae and Freddie Mac. For the 20142023 period, CBO now projects a cumulative deficit that is $618 billion less than it projected in February.
This is huge news. Republicans should be crowing about this. The spending cuts from 2011 and the sequester, plus the revenue generated by the expiration of the Bush tax cuts for those earning more than $400,000 annually, are part of this rosier picture. The downside to all this is that it will strip away the urgency to get something done on entitlements through some sort of grand bargain....
You would think this would be a win-win for everyone. Nope. They have "scandals" that are specifically the President's fault to investigate!
(And Paul Ryan is taking a back seat so they can focus on it. At least we know where the priorities are.)
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Well now -- the Washington Post got this clarified, alright!
Paul Ryan admits GOP cant govern without a hostage crisis
Quoting from the link:
Rep. Paul Ryan, the House GOPs budgetary chieftain, gave a brief but remarkable interview to the Washington Examiners David Drucker in which he essentially conceded that Republicans will only negotiate with Democrats over the budget if they can hold the U.S. economy hostage to increase their leverage....
Paul Ryan admits GOP cant govern without a hostage crisis
Quoting from the link:
Rep. Paul Ryan, the House GOPs budgetary chieftain, gave a brief but remarkable interview to the Washington Examiners David Drucker in which he essentially conceded that Republicans will only negotiate with Democrats over the budget if they can hold the U.S. economy hostage to increase their leverage....
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Stop the deficit extremists - latimes.com
Quoting:
The U.S. economy is improving, yet Congress seems still to be in the grip of the delirium that shrinking the deficit in the near term is still a matter of paramount urgency.
That's what's prevented lawmakers from dealing with their real task, which is to jolt the miserable jobs recovery into a higher gear and lift the budget sequester, one of the outstanding examples of mass insanity the country has ever seen.
Consider the sequester as exhibit A. That's the package of mandated budget cuts enacted as part of the deal to raise the debt limit in 2011. They were supposed to be so draconian that Republicans and Democrats would have to come to the negotiating table for a budget deal. That didn't happen, so the cuts went into effect this year. They're expected to pare anywhere from a half a percentage point to a full point from 2013 growth projections....
It's only fair to point out that deficit delirium is strongest in one corner of the house the tea party wing of the Republican Party. But they're not alone. Plenty of other Republicans, and some Democrats, are still focused on imposing austerity in the federal budget, even though economic signals have been turning green.
Is economic sabotage high on their list of priorities? I am beginning to wonder. Why would you interfere with progress?
Quoting:
The U.S. economy is improving, yet Congress seems still to be in the grip of the delirium that shrinking the deficit in the near term is still a matter of paramount urgency.
That's what's prevented lawmakers from dealing with their real task, which is to jolt the miserable jobs recovery into a higher gear and lift the budget sequester, one of the outstanding examples of mass insanity the country has ever seen.
Consider the sequester as exhibit A. That's the package of mandated budget cuts enacted as part of the deal to raise the debt limit in 2011. They were supposed to be so draconian that Republicans and Democrats would have to come to the negotiating table for a budget deal. That didn't happen, so the cuts went into effect this year. They're expected to pare anywhere from a half a percentage point to a full point from 2013 growth projections....
It's only fair to point out that deficit delirium is strongest in one corner of the house the tea party wing of the Republican Party. But they're not alone. Plenty of other Republicans, and some Democrats, are still focused on imposing austerity in the federal budget, even though economic signals have been turning green.
Is economic sabotage high on their list of priorities? I am beginning to wonder. Why would you interfere with progress?
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Trump and Paul Ryan Head for a Clash Over the Budget, and Ideology
https://www.nytimes.com/2017/02/27/us/politics/trump-budget-proposal-republican-ideology.html
https://www.nytimes.com/2017/02/27/us/politics/trump-budget-proposal-republican-ideology.html
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Hi Rion! It's been a long time.
I am not necessarily looking for continued discussion, so much as wanting to flag this for the participants of the original discussion, if any of them are still hanging out here. Paul Ryan is a little extreme, even for President Trump, and I thought it was very interesting.
Anyway, hope you're having a good day.
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