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Editorial: Ryan's Budget Plan Gets The Job Done
IBD Editorials ^ | April 5, 2011 | Staff

Posted on 04/05/2011 6:25:16 PM PDT by Kaslin

America's Fiscal Future: Paul Ryan's budget plan dramatically slows spending growth, gets entitlements under control and begins the arduous task of easing the nation's crippling debt load. So what's not to like?

As Congress argues over a measly $33 billion in cuts to the 2011 budget to keep the government from shutting down, the plan by House Budget Chairman Ryan for 2012 and beyond not only reverses the Democrats' profligacy but returns the U.S. to a path of fiscal responsibility.

The plan trims $6.2 trillion from President Obama's budget (see chart), driving outlays back below 20% of GDP, their historic average, and well below the 25% in Obama's budget.

As for the squealing of the Democrats over vicious "cuts," spending actually grows from 2011 to 2021 under Ryan's plan by $1.12 trillion — an increase of 31%, or 3.1% a year. So those who say government is being "slashed" are being disingenuous.

In contrast, since Democrats took over Congress in 2006, spending has risen $1.2 trillion, or 44%. That amounts to a yearly gain of 9% that has pushed us to the brink of insolvency.

One thing that Ryan does slash is the deficit — by $4.4 trillion over 10 years. That's $4.4 trillion less for our children and grandchildren to repay. More importantly, debt peaks at a projected 74.5% of GDP in 2013, then recedes to 67.5% by 2021 — vs. 87.4% under Obama's budget.

(Excerpt) Read more at investors.com ...


TOPICS: Business/Economy; Culture/Society; Editorial
KEYWORDS:

1 posted on 04/05/2011 6:25:18 PM PDT by Kaslin
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To: Kaslin

LOVE it!


2 posted on 04/05/2011 6:28:26 PM PDT by 4Liberty (88% of Americans are NON-UNION. We value honest, peaceful Free trade-NOT protectionist CARTELS)
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To: Kaslin; Diana in Wisconsin

Paul Ryan showed great courage in proposing this. I’d like for him to be Speaker of the House one day.


3 posted on 04/05/2011 6:28:35 PM PDT by Clintonfatigued (Muslims are a people of love, peace, and goodwill, and if you say that they aren't, they'll kill you)
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To: Kaslin

NO it doesnt. we still will add almost a trillion in debt every year for the next ten years. Are people really this stupid!!!! This plan is a crap. We need to cut 1.5 trillion every year just to break even.


4 posted on 04/05/2011 6:29:41 PM PDT by remaxagnt (`)
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To: Clintonfatigued

RYAN: The “social reverse-engineer!”


5 posted on 04/05/2011 6:30:03 PM PDT by 4Liberty (88% of Americans are NON-UNION. We value honest, peaceful Free trade-NOT protectionist CARTELS)
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To: Kaslin

In other words, it still adds trillions to the debt over the next decade.

And this is the “draconian” proposal??


6 posted on 04/05/2011 6:30:22 PM PDT by GeronL (The Right to Life came before the Right to Happiness)
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To: remaxagnt

Agree - CUT MORE


7 posted on 04/05/2011 6:30:39 PM PDT by 4Liberty (88% of Americans are NON-UNION. We value honest, peaceful Free trade-NOT protectionist CARTELS)
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To: Kaslin
In contrast, since Democrats took over Congress in 2006, spending has risen $1.2 trillion, or 44%. That amounts to a yearly gain of 9% that has pushed us to the brink of insolvency.

A fact that we (and the powers that be that run the campaign organizations) would be wise to remember going into 2012 - all the talk from Obama and the Democrats "inhertiing" all of these problems - they in fact inherited them all from themselves.

8 posted on 04/05/2011 6:31:59 PM PDT by Republican Wildcat
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To: GeronL

agree this plan is still a big fat joke!!!!!


9 posted on 04/05/2011 6:32:15 PM PDT by remaxagnt (`)
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To: GeronL

Exactly right. This plan also totally cops out on Pentagon spending on our foreign empire which needs to be slashed. We can’t keep policing the world. We could save a trillion per year if we eliminated this empire including bases in over 120 countries.


10 posted on 04/05/2011 6:35:26 PM PDT by Captain Kirk
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To: Clintonfatigued

If Paul “I voted for TARP” Ryan had real courage he would go after the Pentagon sacred cow and propose a budget that actually reduces overall spending. We can’t afford to keep policing the world.


11 posted on 04/05/2011 6:36:47 PM PDT by Captain Kirk
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To: Kaslin

I’m not sure I follow the math of this article.

Our government is currently running an annual deficit of $1.5 trillion.

Assuming the same rate of deficit spending without any modifications, $1.5t X 10 years = $15 trillion in additional debt that we’d rack up over the next ten years.

Ryan’s plan cuts $4.4 trillion over 10 years: $15t - $4.4t = $10.6 trillion.

Ryan’s plan still adds more than another $10 trillion to our national debt over the next ten years.

Doesn’t sound like much of a solution to me.

It’s astounding how deeply we’ve allowed our government to screw us. We need a balanced budget, period. But that won’t ever happen, because actually cutting Federal spending enough (>40%) would result in riots and probably civil war at this point. If we don’t get to a balanced budget quickly, we’re looking at total financial collapse, followed by riots and probable civil war.

We’re screwed.


12 posted on 04/05/2011 6:38:15 PM PDT by Zeddicus
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To: Kaslin

It is totally meaningless, if Vampire-Care TOTAL defunding is not included somewhere down-the-line in this plan,....

.... as the “Exempt Ones” of the beltway, could then employ leveraged “taxation” by so called “health” paycheck withholding, anytime through any account.


13 posted on 04/05/2011 6:39:20 PM PDT by Varsity Flight
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To: Clintonfatigued
Paul Ryan showed great courage in proposing this. I’d like for him to be Speaker of the House one day.

did you forget the /sarc tag? Ryan's proposal is anti-conservative and destructive to our Liberties.

Ryan's budget proposes $4T spending per year -- insane. Bush's avg budgets were under $2T.

Ryan's proposal will increase the debt by $8T -- insane.

This is the same Ryan that has voted for Tarp, No Child left behind, Medicare Part-D and for ethanol subsidies.

Paul Ryan is foremost a technocrat. He has little reverence for our beloved Constitution. If he did, he would NEVER have voted as he did.

I pray that Ryan's proposal is quickly forgotten and thrown in the trash. I cannot believe conservatives are falling for this fraud of a proposal.

14 posted on 04/05/2011 6:56:42 PM PDT by sand88
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To: sand88
Y'know, it's amazing how much anti-Ryan propaganda you've managed to compress into a few posts tonight.

Makes one wonder if he stole your girl...

15 posted on 04/05/2011 7:00:25 PM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance On Parade)
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To: sand88

Right now, we have no apparent good options. Of all the budgets being proposed, this is the best that I know of.


16 posted on 04/05/2011 7:02:34 PM PDT by Clintonfatigued (Muslims are a people of love, peace, and goodwill, and if you say that they aren't, they'll kill you)
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To: Republican Wildcat

Bingo, you got it. You remember when the Republicans were in charge the economy was thriving and unemployment was practically nonexistent. Almost as soon as soon as Pelosi took over as Speaker things changed for the worse. The economy started to go down and unemployment went up to 10.2% in 2009


17 posted on 04/05/2011 7:04:12 PM PDT by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: okie01

Amazing, isn’t it?


18 posted on 04/05/2011 7:08:55 PM PDT by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: sneakers

bttt


19 posted on 04/05/2011 7:13:38 PM PDT by sneakers ("Obama is like the dog that chased a car and caught it. Now he doesn't know what to do with it.")
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To: Kaslin
The Republican proposal is all smoke and mirrors. If Ryan were serious he would reduce excessive federal spending by eliminating all federal agencies not in compliance with any of the enumerated powers granted to Congress in Article 1 Section 8 of the Constitution.

There are no enumerated powers to regulate the environment, communications, education, food, drugs, health, agriculture, alcohol, tobacco and firearms. These powers are reserved to the states or to the people per the 10th Amendment. Consequently agencies that are Unconstitutional include but are not limited to the EPA, FCC, Department of Education, FDA, DHHS, Department of Agriculture and the BATFE and must be abolished!

Congress will never balance the budget so long as they continue to have powers beyond those permitted to them in Article 1 Section 8 thereby usurping those powers delegated to the people in the 10th Amendment. Congress must comply with the Constitution in order balance the budget.
20 posted on 04/05/2011 7:14:15 PM PDT by Defend Liberty
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To: okie01
Makes one wonder if he stole your girl...

no he didn't --lol. I care deeply for our Republic. I truly believe his proposal will not actually solve anything, and when things go bad, conservatives will get the blame.

If anything, his proposal could be a hail Mary attempt to save our Republic. His proposal was likely crafted as one that would have the greatest chance of getting public support. However, any such proposal will surely fail.

Therefore one can conclude that there will not be a "normal" political solution to our impending collapse. The "people" will not politically accept what must be done in order to save our Republic.

Ryan's heart is in the right place, but it would have been best if he did not make any proposal.

21 posted on 04/05/2011 7:20:18 PM PDT by sand88
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To: Kaslin
As the liberals are increasingly penned into a corner, they start claiming even crazier things.

We are not all Americans anymore. The nation is divided into Americans and...either idiots or anti-Americans.

22 posted on 04/05/2011 7:22:23 PM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance On Parade)
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To: sand88
Ryan's heart is in the right place, but it would have been best if he did not make any proposal.

So many "conservatives" on this board are seemingly convinced that "all is hopeless" and propose to simply "give up".

Color me "suspicious"...

23 posted on 04/05/2011 7:37:39 PM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance On Parade)
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To: okie01

Indeed and that is very sad


24 posted on 04/05/2011 7:38:02 PM PDT by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: Kaslin

HOORAY Paul Ryan! (bring a bigger machete, Paul)

Defund all collectives. Vote out all ‘rats. C’mon 2012.


25 posted on 04/05/2011 7:59:20 PM PDT by PGalt
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To: okie01
So many "conservatives" on this board are seemingly convinced that "all is hopeless" and propose to simply "give up".,

That total B.S. What many of us are doing is looking objectively at the reality of governments at all levels. It is truly frightening what his happening. I am quite involved in Tea Party activities and various PACs.

Believe me, most Freepers will NEVER give up. What we see year after year is weak leaders saying they will act, but fail us. The Tea Party is a very positive development.

Those who cherish Liberty never give up; it's not in our DNA. It is just that with Ryan's proposal, many are being falsely assured that "finally we can turn the beast around." Sorry, no sale for this proposal.

26 posted on 04/05/2011 8:07:46 PM PDT by sand88
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To: sand88
Ryan's heart is in the right place, but it would have been best if he did not make any proposal.

If that's not a call to "give up", I don't know what is.

27 posted on 04/05/2011 8:12:05 PM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance On Parade)
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To: Republican Wildcat
...all the talk from Obama and the Democrats "inhertiing" all of these problems - they in fact inherited them all from themselves.

Unless they look at the facts. Too bad the Republicans are too F'ing stooopid to present a few charts to the American voters.

.

.

.


28 posted on 04/05/2011 8:12:46 PM PDT by Cobra64 (Common sense isn't common anymore.)
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To: okie01
If that's not a call to "give up", I don't know what is.

You make absolutely no sense -- lol. YES nothing proposed would be better than what he proposed. Liberty will not be served by his budget.

The time will come when actions of much greater boldness will be acceptable to the people. Then great changes can be made towards Liberty. That time has not yet arrived. Don't give up on us Freepers who have seemed to have given up!! :)

29 posted on 04/05/2011 8:18:33 PM PDT by sand88
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To: remaxagnt

Yes people really are this stupid.

He puts off the cuts until after this congress is over and even then doesn’t balance the budget until well after ten years.

The fact that this proposal gets so much support from people who believe they are Conservatives is truly discouraging.


30 posted on 04/05/2011 8:25:13 PM PDT by MontaniSemperLiberi (Moutaineers are Always Free)
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To: okie01

I an stunned that some many who call themselves Conservatives think this is a solution to our budget problems.

Ryan’s plan puts off a balanced budget for more than TEN years. Ten!


31 posted on 04/05/2011 8:28:33 PM PDT by MontaniSemperLiberi (Moutaineers are Always Free)
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To: okie01

What great courage does it take to do less than the minimum to keep us from defaulting on our debt.

Ryan is a clown. A serious proposal would have the serious cuts come from this congress and have the budget balanced as the economy comes to full recovery.

You know, like Rand Paul’s budget.


32 posted on 04/05/2011 8:31:31 PM PDT by MontaniSemperLiberi (Moutaineers are Always Free)
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To: Kaslin

The political circus gets funnier every day. Many programs and whole departments need to be shut down, necessitating repeals. The default will take care of that—not politicians.


33 posted on 04/05/2011 9:46:34 PM PDT by familyop ("Dry land is not just our destination, it is our destiny!" --"Deacon," "Waterworld")
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To: Cobra64

Good charts. Self-pinging for posterity.


34 posted on 04/06/2011 11:29:36 AM PDT by MissNomer
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To: MontaniSemperLiberi
Ryan’s plan puts off a balanced budget for more than TEN years. Ten!

And there is no chance it will pass.

Even less chance that Rand Paul's budget will pass.

Get your mind around the fact that there will be no serious budget cutting until the Republicans control all three branches of government.

35 posted on 04/06/2011 6:09:22 PM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance On Parade)
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To: okie01

A very good Republican post from the Daniels/Rove wing of the Party. A darn bad answer from an American.

The last time Republicans had all three they did nothing of the kind because they know people will accept excuses from them.


36 posted on 04/06/2011 7:01:35 PM PDT by MontaniSemperLiberi (Moutaineers are Always Free)
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To: MontaniSemperLiberi
A very good Republican post from the Daniels/Rove wing of the Party. A darn bad answer from an American.

Gratuitous insult noted.

The last time Republicans had all three they did nothing of the kind because they know people will accept excuses from them.

Your solution to this problem, of course, is a third party.

Rendering you useless from the standpoint of actually accomplishing anything...

Gratuitous insult returned.

37 posted on 04/06/2011 7:22:52 PM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance On Parade)
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To: okie01

The only reason you take that as an insult is that it makes it clear that you are more worried about Republicans winning elections than the country surviving as a free republic. Clarity is not an insult unless what it makes clear is obviously to be insulted.

If you were more worried about the country, you would figure out what needs to be done and stand behind it. “It” is certainly not Ryan’s plan.


38 posted on 04/06/2011 8:30:02 PM PDT by MontaniSemperLiberi (Moutaineers are Always Free)
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To: MontaniSemperLiberi
The only reason you take that as an insult is that it makes it clear that you are more worried about Republicans winning elections than the country surviving as a free republic.

Hardly.

That's a foolish assertion that shouldn't be addressed at any long-term member of this board.

Third party guy, huh?

39 posted on 04/06/2011 8:33:27 PM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance On Parade)
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To: okie01

Okay.

How much debt is to much debt?

When do we reach that number under Ryan’s plan?

Those are simple questions with numerical answers. Can you answer them?


40 posted on 04/06/2011 9:11:43 PM PDT by MontaniSemperLiberi (Moutaineers are Always Free)
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To: MontaniSemperLiberi
Y'know, people who make foolish accusations often don't get the courtesy of a response.

And this one will do for you.

41 posted on 04/06/2011 9:26:31 PM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance On Parade)
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To: okie01

Simple questions. Simple numerical answers. That’s all I asked of you. You couldn’t do it.

That’s the reason you only see the politics of it. You don’t understand the numbers. If you understood the numbers, your position would change.

Bond holders understand the numbers.


42 posted on 04/06/2011 10:03:08 PM PDT by MontaniSemperLiberi (Moutaineers are Always Free)
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