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.
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i hope people realize this is not an act of Paul Ryan.
ReplyDeleteThis is an act of his bosses.
Ditto for Barry. Ditto for the Supreme Court. So on.
The richest families on earth control the governments of the world.
They always have and they always will.
They cut Vets pensions and SSI for the elderly and tax SSI benefits (not supplemental income) but not cut Politians salaries / pensions and benefits. Totally screwed up. Shows how much they care about the people they supposedly represent.
ReplyDeleteAnd they illegally used the SSI benefits to pay for other stuff. If they'd eliminate the waste and fraud, they could balance the budget.
ReplyDeleteThanks pauls mom.
DeletePos.
ReplyDeleteThey don't give a diddely damn about the people they are supposed to represent. I'll tell them what to cut - cut the welfare to people who should be out here working. Drug test every last one of them, stipulate they can only be on welfare, if they pass the drug test, for a certain amount of time and not generation after generation. So much could be looked at and done away with but no, we'll cut the military pensions and payments for the elderly. They for sure could cut their own pay and learn to live on what everyone else out here has to live on then maybe they would understand.
ReplyDeletetime to go
ReplyDeleteThe federal deficit is only a talking point. Nobody who is currently a politician in office is going to fix it, only stir up some dust to put themselves in the limelight just before an election. This is more of the same old same old.
ReplyDeleteSounds like Bob Culver
ReplyDelete