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Discussion Starter #1
Paul Ryan’s 2012 budget, “The Path to Prosperity,” is an impressive document aimed at fostering economic growth and sustainable government. Here are some of the numbers that jump out:

$6.2 trillion — Amount of spending cuts proposed relative to President Obama’s 2012 budget request.

$5.8 trillion — Amount of spending cuts proposed relative to the current CBO baseline.

2008 — Ryan’s plan would bring non-security discretionary spending to below 2008 levels (pre-stimulus, pre-bailout, pre-Obama).

20 percent — Target spending levels (as a percentage of GDP).

$4.4 trillion — Total deficit reduction over 10 years called for under the plan, compared to $4 trillion under Bowles-Simpson and just $1.1 trillion under Obama’s 2012 budget.

$4.7 trillion — Total debt reduction relative to Obama’s budget.

$178 billion — Amount of saving achieved in the Defense Department budget, per the recommendations of Defense Secretary Robert Gates, $100 billion of which would be reinvested, the rest used to reduce the deficit.

$750 billion — Total savings achieved through Medicaid reform, in the form of block grants to states, giving governors greater flexibility in their budgets.

2022 — Year that proposed Medicare reforms would take effect.

25 percent — The top tax rate proposed for both individuals and companies.

18-19 percent — Target revenue levels (as a percentage of GDP), in keeping with historic average levels.

$800 billion — Total amount of tax increases eliminated by repealing Obamacare.

1 million — Private-sector jobs created over the next year.

4 percent — Projected unemployment rate by 2015.

$1.5 trillion — Projected growth in real GDP over the next decade.

$1.1 trillion — Estimate increase in wages over 10 years, yielding an average increase in income of $1,000 per year for each American family.

10 percent — Proposed reduction to the federal workforce over the next three years.

$120 trillion — Total debt reduction by 2050 relative to Obama’s budget.

http://www.nationalreview.com/corner/263893/ryans-budget-numbers-andrew-stiles
 

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I wish he would have pushed for deeper tax reform and restructuring of SS. Other then that... it looks plausible -under different political leadership, of course.
 

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It is a fantastic piece of work that will mostly end up on the cutting room floor. The special interests that get gored by the plan will throw up every roadblock imaginable and the Dems will make political hay out of cuts to social programs as well as future changes to programs that affect seniors. We need leaders like this, but there aren't enough brave congressmen to back them up.
 

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Discussion Starter #5
Lawsuit after lawsuit... right ? What a shame.
 

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The real cowardice of his plan lies in the date of the change in Medicair. Why wait until 2022. Because by then he will have made enough out of his political position so as not to care when he has to pay for what he is doing. If the change went into effect immediatly it would save many billions immediatly...but he would pay the price of messing with seniors' government health care plan. By pushing it off he just pisses off those under 55 now who are too busy to actualy notice.
Watch for this message being pushed hard by the dems....and if it takes root at all with current seniors the pubs are done.
 

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The real cowardice of his plan lies in the date of the change in Medicair. Why wait until 2022. Because by then he will have made enough out of his political position so as not to care when he has to pay for what he is doing. If the change went into effect immediatly it would save many billions immediatly...but he would pay the price of messing with seniors' government health care plan. By pushing it off he just pisses off those under 55 now who are too busy to actualy notice.
Watch for this message being pushed hard by the dems....and if it takes root at all with current seniors the pubs are done.
Disagree. While immediate changes would be great fiscally, it simply wouldn't be fair to current users who have lined up their retirement based on promised benefits. Government changes to senior benefits should be very slowly implemented to minimize the impact on fixed income people. Now, means testing is another story. I have no problem with quickly going to means testing as long as the threshold isn't too low - say $100k/yr or even more. People who have lined up an income of $50-60k/yr in retirement should not be hit with a $20k addition of medical insurance costs because it seems like they have enough to get by.
 

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Disagree. While immediate changes would be great fiscally, it simply wouldn't be fair to current users who have lined up their retirement based on promised benefits. Government changes to senior benefits should be very slowly implemented to minimize the impact on fixed income people. Now, means testing is another story. I have no problem with quickly going to means testing as long as the threshold isn't too low - say $100k/yr or even more. People who have lined up an income of $50-60k/yr in retirement should not be hit with a $20k addition of medical insurance costs because it seems like they have enough to get by.
And you seriously think that 10 years is enough time to add the required savings to make up for that additional 20K? Bullshit...the people that are excluded (those over 55) don't give a **** because they are safe and that is the way this country works. Nobody bitches until their benifits get cut. It realy pisses me off that the senior citizens of this country who basicaly got all of the best this country had to offer and then screwed up the country for those that follow go happily along with screwing their kids as long as they are left alone.

So now we get screwed by the baby boom that will use up all of the SS trust fund and we further get screwed by the new rules doing away with medicair that we too have been paying into for our whole lives....but don't do it now cause that will hurt seniors.

For my self interest and that of people my age, I am totaly against this plan. And before you mention anything about the need to cut these costs for our children or our future....you better be willing to give this up now or you are seriously hypocritical. :crazy::crazy::crazy::crazy:
 
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