August 3, 2011

PAUL RYAN: Where’s Your Budget, Mr. President?

Related: “Obamacare has completely trapped the Democrats on fiscal policy. In order to pay for Obamacare’s trillions of dollars in new spending, they had to raise taxes by $500 and raid Medicare by another $500 billion. As a result, all the low-hanging revenue and spending fruit are already gone. As even The Washington Post’s Ezra Klein admits, the Democrats must now argue for higher taxes, and not just on the wealthy. In order to pay for all their entitlement programs, the middle class is going to have to pay more, too. But Ezra can admit this because he doesn’t have to win elections; Democrats in public offices do. That is the reason you haven’t seen a Democratic budget since Obamacare became law and it is the reason you will not see another one till at least 2013.”

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