Share on Google Plus Share on Twitter Share on Facebook Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend 1 (1 Shares)  
Printer Friendly Page Save As Favorite View Favorites View Article Stats   No comments

The unrealistic assumptions behind Paul Ryan's budget numbers

Quicklink submitted by Amanda Lang     Permalink
Related Topic(s): ; ; ; ; ; ; ; ; ; ; (more...) , Add Tags  (less...)

View Ratings | Rate It

opednews.com

Become a Fan
  (9 fans)


At www.washingtonpost.com

There's an important disclaimer in the very first paragraph of the Congressional Budget Office's analysis of Paul Ryan's budget plan. The calculations presented here represent CBO's assessment of how the specified paths would alter the trajectories of federal debt, revenues, spending, and economic output relative to the trajectories under two scenarios that CBO has analyzed previously. Those calculations do not represent a cost estimate for legislation or an analysis of the effects of any given policies. In particular, CBO has not considered whether the specified paths are consistent with the policy proposals or budget figures released today by Chairman Ryan as part of his proposed budget resolution. Translated out of CBO-ese, what that means is that CBO hasn't looked at whether Ryan's budget will achieve the results Ryan says it will...

Read the rest of the story HERE:

At www.washingtonpost.com


 

Comments

The time limit for entering new comments on this Quicklink has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
No comments