Saturday, February 6, 2010

Repubs actually put up deficit cutting budget plan

But, of course, no one in THIS administration is listening. What is remarkable is the absolute determination on the part of this administration to blow as much money as possible on stupid stuff without any regard for the future, our obligations and our credit rating. Makes one wonder if it is intentional. Hm. Hot Air has the scoop.
Even Democrats have acknowledged that it is one of the few plans offered by a member of either party that would lower the long-term budget deficit.

And how did the White House, in its full deficit-hawk mode, respond to Ryan’s proposals?

In a statement, Orszag called Ryan “a smart and engaging leader. . . . I always enjoy debating and talking with him.” But the budget director expressed disagreement with Ryan’s legislation, which includes a provision that Democrats have long opposed, such as allowing people to invest money they would pay in payroll taxes for Social Security into personal accounts and keeping tax cuts in place for people who earn more than $250,000 a year.

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