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Paul Ryan: Privatize Medicare, eliminate Medicaid and food stamps

By       Message Gregory Patin     Permalink
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Senior Obama adviser David Plouffe, said that Ryan's Republican resolution "fails the test of balance and fairness and shared responsibility." Plouffe further expounded that, "It showers huge additional tax cuts on the wealthy that are paid for by veterans and seniors and the middle class."

Ryan's plan, essentially, would negate over a half century of progress with federal social programs for the poor and the working class. It would cap federal spending programs at about 19% of the gross domestic product, levels not seen since the 1950's before the establishment of Medicare and other social welfare programs by the Johnson administration.

Two key historical distinctions to keep in mind, however, are that in the 1950's under the Eisenhower administration, the U.S. economy was booming and the top marginal tax rate for the wealthiest Americans was 91%. That diminished the necessity for the social programs today that help the poor and working class citizens get by while revenue for expenditures on things such as education and infrastructure projects was plentiful.

While Ryan's plan is unlikely to pass in an upcoming Senate vote, a bipartisan measure is likely to be reached in a deal before the end of this year, quite possibly after the November elections.

Regardless of which of the two parties control the White House and Congress after the pretense of electing politicians that truly represent the majority of Americans, any budget proposal is likely to slash spending on programs that benefit 99%, while spending billions on increasingly unpopular wars and preserving the majority of the enormous tax breaks for the wealthy 1%.

This will be presented to the American people by our "leaders" under the guise of "equal sacrifice" or "shared responsibility" for the fiscal crisis of the federal government.

Read more here:

Washington Post-- Paul Ryan's budget: Should the poor pay for deficit reduction?

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Washington Post-- "Taxmageddon' in one table

CBBP - New Tax Cuts in Ryan Budget Would Give Millionaires $265,000"

CBBP - Draconian Republican Study Committee Budget Would Cut Federal Medicaid"

Urban Brookings Tax Policy Center

New York Times-- Republicans Take Fire Over a Budget Plan

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http://www.examiner.com/independent-in-madison/gregory-patin
Gregory Patin is a free-lance writer residing in Madison, WI. He earned a BA in political science from the University of Wisconsin - Madison and a MS in IT management from Colorado Tech. He is politically independent and not affiliated with either (more...)
 

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