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CBO Analysis of Roadmap for America

JaxsonRaine
Posts: 3,606
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8/11/2012 11:48:45 AM
Posted: 4 years ago
http://roadmap.republicans.budget.house.gov...

Lol, on our current track, interest on our debt will take up 30% of the budget by 2080.

So anyway, what do people here think of Ryan's budget?
twocupcakes: 15 = 13
Contra
Posts: 3,941
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8/11/2012 11:52:36 AM
Posted: 4 years ago
At 8/11/2012 11:48:45 AM, JaxsonRaine wrote:
http://roadmap.republicans.budget.house.gov...

Lol, on our current track, interest on our debt will take up 30% of the budget by 2080.

So anyway, what do people here think of Ryan's budget?

Spending cuts are eventually going to be needed.

The tax cuts for the wealthy seem counter-intuitive, as we should be cutting the deficit.

It basically ends Medicare without lowering costs, it just shifts them onto seniors.
"The solution [for Republicans] is to admit that Bush was a bad president, stop this racist homophobic stuff, stop trying to give most of the tax cuts to the rich, propose a real alternative to Obamacare that actually works, and propose smart free market solutions to our economic problems." - Distraff

"Americans are better off in a dynamic, free-enterprise-based economy that fosters economic growth, opportunity and upward mobility." - Paul Ryan
JaxsonRaine
Posts: 3,606
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8/11/2012 11:59:51 AM
Posted: 4 years ago
At 8/11/2012 11:52:36 AM, Contra wrote:
At 8/11/2012 11:48:45 AM, JaxsonRaine wrote:
http://roadmap.republicans.budget.house.gov...

Lol, on our current track, interest on our debt will take up 30% of the budget by 2080.

So anyway, what do people here think of Ryan's budget?

Spending cuts are eventually going to be needed.

The tax cuts for the wealthy seem counter-intuitive, as we should be cutting the deficit.

It basically ends Medicare without lowering costs, it just shifts them onto seniors.

Would it really cut taxes for the wealthy?

The optional 'simple' tax, would be basically a flat rate of 25% for the wealthy, with no deductions allowed.

The top 1% only pay on average 24% right now anyway...

So is it really a tax cut?
twocupcakes: 15 = 13