House Budget Committee chairman Rep. Paul Ryan (R-WI) has doubled down on his move to cut pensions for military veterans in a USA Today op-ed published Sunday.
In the op-ed, Ryan opens up by highlighting the CBO estimate that the deal he cut with Senate Budget Committee chairwoman Sen. Patty Murray (D-WA) would result in at least $20 billion in deficit reduction. “The Bipartisan Budget Act that Sen. Patty Murray, D-Wash., and I drafted will soon become law,” Ryan wrote. “We think it’s a small step toward fiscal discipline in Washington. The non-partisan Congressional Budget Office estimates the bill will reduce the deficit over the next ten years by over $20 billion. And unlike current law, it will provide much-needed relief to our already strained defense budget.”
As Breitbart News has reported, Ryan’s and Murray’s budget deal does not reduce the deficit. In fact, the deal raises the deficit by at least $15.5 billion because of a series of gimmicks that Ryan and Murray employed in the accounting of the deal — namely, double counting of savings like the tactic which was employed in Obamacare, and the failure to include an estimate of the interest on the borrowed money for the first couple of years of increased spending. These are only a few among a series of other misleading statementsRyan has made about the deal.