Rep. Paul Ryan Supports Boehner Plan
With some reluctance.
The Budget Control Act takes an important step in the right direction by cutting $1.2 trillion in government spending over the next decade. Critically, it does this without resorting to Senator Reid’s gimmicks and without imposing the president’s preferred tax increases on American families and the struggling economy.
This bill is far from perfect. We still have a long way to go toward getting the key drivers of our debt — especially federal health-care spending — under control. But considering that House Republicans control only one-half of one-third of the federal government, I support this reasonable, responsible effort to cut government spending, avoid a default, and help create a better environment for job creation.
That last sentence in the quote is key: There’s only so much you can do when you only control one slice of the power.
Also supporting the Boehner plan: Fred Thompson. He writes that it’s time for the GOP to declare victory, take what they can get and live to fight another day.
Meanwhile, Harry Reid is calling the Boehner plan “dead on arrival” before it’s even voted on, and offering a plan of his own that’s unlikely to go very far in the House. Obama is hollowly threatening a veto, while telling banks behind the scenes that default won’t happen at all.
That last part, given the public rhetoric the president has been using, exposes him for a liar. Not that the media will make that connection.
If default happens, President Obama will be the president whose legacy consists of unsustainable deficits and debt, high unemployment and skyrocketing energy prices, and a United States default on its credit. With any other president, it would be reasonable to expect that he would do everything in his power to avoid the potential disaster that’s in front of him. Any other president would at least try leading his own party, but that’s not what we’re seeing out of this president. He won’t even put a plan in writing.
No one will be entirely happy with whatever deal is done. But both parties have to take into account that the occupant of the White House is a proven failed leader, and may see economic disaster as the only thing that can save his re-election prospects if he can pin it on the GOP or at least spread some of his lousy record onto them.
Somebody should take Harry Reid aside quietly and say to him, “Harry, Obama is slitting his own throat. Time to sell him out so your party doesn’t go down with him. Let’s put together a deal with the House that will have a veto-proof majority in the Senate.”
Yes Sir! A $120 billion a year for ten years in savings……….. over $300 billion a year for ten years and $1 Billion a year in additional revenues (and additional proposed cuts to the BIG three) for ten years sounds intellectually genius to me.
For those who don’t get it…you need to learn the new math thats been around for awhile. Ask the kids to help…they understand the new math.
Boehner’s plan has already been cratered by CBO’s scoring. It found only $851 billion over 10 years (and only $1 billion in discretionary spending cuts during 2012.) This is far short of the 1.2 trillion Boehner promised the caucus. The House GOP will now never support the plan as written. So Boehner has returned to the drawing board.
He’d have been much better off if he’d written his immediate cuts for 2012 consistent with the Ryan budget, which contained a total of $111 billion from all categories of spending for this coming fiscal year.
It’s been updated since the CBO scored it.
The first thing that had better be in these “cuts”, whatever “plan” is finally accepted, is the remaining umpty-umpteen billions of “Stimulus” funds still unspent (exact figures seem hard to come by.) Otherwise this will get dumped into the economy in the spring of next year, to create a bunch of temp jobs that the media will get to trumpet as the “recovery” just in time for the election.
Bank on it.
This plan should take its place with all the others: in the waste basket. We need REAL cuts or this is all just an exercise in futility. I really believe that everyone in this discussion is clueless as to the reality of what will happen if we do not get a grasp on our ridiculous spending and take away the credit cards. The inmates are running the asylum….no offense to the inmates.
“…the president’s preferred tax increases on American families….”
Yes, especially those families with corporate jets.
Why they are telling we have 1/2 of 1/3 of the government?
Isn’t the Supreme Court nonpartisan?
In my math we have 1/2 of 1/2 of the gov’t. And it is the 1/2 that is responsible for the money.
Ryan, find a way to persuade some of the Senate dems to vote for CCB bill!!!!