It is tempting to begin with an old cliche’ opening line like “It was the best of budgets, it was the worst of budgets,” but looking at the graphs to the left (click for a larger view), that would be an understatement.
House Speaker John Boehner, Majority Leader Eric Cantor and House Budget Chairman Paul Ryan released the plan that Budget Chairman Ryan has been guiding to the light of day since Republicans gained control of the House. The fact that Republicans managed to produce a budget at all is a far cry from the Nancy Pelosi Democrats who were unable (and unwilling) to produce a budget at all.
Responsibility has returned to the House at long last.
The Highlights of this plan:
Repeals and Completely Defunds Obamacare.
Reduce Federal Spending. This proposal will reduce spending to below 2008 levels and freeze it there for five years.
Tax Reform. This budget will reform and simplify our outdated tax code and cut individual and corporate tax rates.
Reform Medicaid. It will provide block grants for Medicaid to the states, creating greater flexibility and saving $750 billion.
Protect Social Security and Medicare. People age 55 and above will see no changes to their current Medicare or Social Security benefits. Those below age 55 will see the protections put in place to ensure each program’s solvency when they become eligible to participate.
Already Nancy Pelosi has began spreading misinformation, claiming the cuts will starve seniors, but the fact is, those 55 and over will see no changes and those under 55 will be given options for the same Health Coverage menu that members of Congress receive. And is there any likelihood that Pelosi has actually read the bill?
I suppose it would be a bit mean-spirited to suggest we must pass the “Path to Prosperity” to find out what is in it, but Boehner, Cantor and Ryan have a better idea. After reading this document, you too will agree that Boehner, Cantor and Ryan have heard America. We must get this debt under control or the country is finished. There will be nothing to leave to our children and grandchildren.
Somewhere tonight, the spirit of Ronald Reagan is starting to smile. It may not be dawn in America just yet, but it is getting lighter!
Have a look at this document below. (Hint: Click the square icon on the top right, beside the + sign to see in full screen mode.)