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Paul Ryan: Privatize Medicare, eliminate Medicaid and food stamps

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Headlined to H2 3/31/12

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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?

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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GOP Attorney General Suing Over Obamacare Support... by 911TRUTH on Saturday, Mar 31, 2012 at 11:26:03 AM
This Ryan idea of a budget and the fact that perso... by James Tennier on Saturday, Mar 31, 2012 at 1:32:55 PM
of course! This should be evidence enough of who t... by cosmic J. on Saturday, Mar 31, 2012 at 4:51:43 PM
Thanks for the comments! Sounds like some of you ... by Gregory Patin on Saturday, Mar 31, 2012 at 6:10:12 PM
When I read about things like this, I almost wish ... by Eric Arthur Blair on Sunday, Apr 1, 2012 at 6:30:44 PM
At the heart of all this gutting is the fact secul... by Donnie McLeod on Saturday, Mar 31, 2012 at 6:10:17 PM
interesting that whenever god is invoked the great... by zon moy on Monday, Apr 2, 2012 at 12:39:02 PM
There's a new Nietzschean topspin to the Kafkaesqu... by Bob Alexander on Saturday, Mar 31, 2012 at 8:53:50 PM
I think I've heard Malloy say that on his program.... by Gregory Patin on Sunday, Apr 1, 2012 at 12:08:21 AM
Why not just take the poor outback and shoot them?... by John Perry on Sunday, Apr 1, 2012 at 9:43:15 AM