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Paul Ryan’s Budget is Missing One Key Element

We like House Budget Committee Chairman Paul Ryan – despite the fact that he all too often votes to support the failed policies of the House Republican leadership, he is smart and his instincts tend toward conservative solutions to budget problems. The Budget he will unveil tomorrow, which eliminates the Alternative Minimum Tax and establishes just two personal income tax brackets at 10 and 25 percent are good examples of those instincts.

Ryan’s various budget proposals, such as last year’s “Path to Prosperity” have shown that it is possible to balance the budget, preserve the Social Security and Medicare safety nets and in short do everything liberal Democrats and moderate Republicans claim is impossible without deficit spending.

The problem is Ryan’s plans always assume that the very forces that oppose him now can be held at bay for 20 or 30 years while his incremental plan works and expensive recipients of the present Medicare and Social Security systems die-off.

The $3.6 trillion federal budget we are operating under right now is 20 percent larger than the 2008 budget. As Wall Street investment guru Porter Stansberry wrote recently, “while our government has grown at a record pace, our economy hasn't. It has hardly grown at all. Thus, this [2012] will be the fourth year in a row we set a record for deficit spending. Never before in peacetime has our government borrowed this much money. And now, it's borrowing record amounts every year.”

After four years of record deficits a balanced budget can't wait 20 or 30 years; we need major spending cuts this year and a balanced budget soon after that.

The thinking that allowed spending to increase in 2011 and 2012 shows that, despite Paul Ryan’s good ideas, House Republican leaders learned nothing from the Tea Party rebellion that brought them back to majority status in the 2010.

Capitol Hill Republican leaders are still operating with the Bush-Hastert-Frist spending mentality. All the good ideas in Paul Ryan’s budget plan will come to naught unless one key element is added – new Republican leaders prepared to actually spend less next year than they did this year.

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We need a BBA, but how?

 

Efforts by congressional Republicans to move toward a balanced budget are commendable.  However, as noted in the article, we can not count on Congress after Congress staying true to that program over the 10 years it will take to balance the budget under even the most optimistic projections, let alone 30 years.  The only way to assure that Congress continues on the path to budgetary responsibility is a balanced budget amendment to the Constitution.

Of course, such an amendment restricting Congress' power will never get two-thirds vote in Congress.  Therefore, the first step must be to reform the amendment process itself to enable the states to initiate amendment proposals without having to go through the unused, uncertain, and outmoded mechanism of a convention.  Then we would have a realistic possibility of passing a BBA and returning the federal government to its original constitutional bounds.  See http://www.timelyrenewed.com

Money and Power

Politicians have power. Money has power. Put together they yield disaster. The cruel result of the greatest wealth producing form of Government in World History--America's Constitutional Republic--has created so much wealth in so many private people's hands that the politicians can no longer resist the temptation to steal as much of that wealth as possible, the Republic be damned.

Except the Government

Everyone knows that you have to spend less if you don't have the money except in Disney Land and Washington D.C.

Paul Ryan's budget plan

The comment from Gilperson is right on target.

What we must do is begin the process of removing the GOP establishment and ruling elite by getting Tea Party candidates elected on a local, county and state level, which will then mean we will get the Tea Party candidates elected on the federal level.

But we must stop with the same status quot. We must be extremely careful about working with the present GOP who has more in common with the liberal Democrats than they do the Tea Party! In Rush Limbaugh's March Newsletter, the cover's title says "It's War!" and the subtitle says "GOP Establishment Wants to Erase the TEa Party!"  So why are so many of the contributors of articles and comments on websites and blogs still content to recommend workign with with GOP establishment? That reminds me of immediately just before and after the mid terms how the language from the Democrats changed to mentioning 'cooperation'. Why should we? They were the ones who refused to cooperate with us. In fact they shut the door and did their midnight votes in halls of Congress. The McCain likes continue to talk about being willing to reach across the aisle. NO! it must stop. If anyone should reach across the aisle, it should be the GOP ruling elite trying to work with the Tea Party candidates which are in the majority everywhere except the DC beltway.

The status quot is partially what has gotten us where we are and when is the GOP going to realize that the Dems and liberals are not going to allow their party to give in an inch on any cooperation. Enough is enough. Why is the establishment always claiming that 'Compromise' is the most noble solution any elected offical can learn?  We have already learned that the Democrats have taken teh same position as the Commies of old, "What ours is negotiable and what's their's is not!" That means we are the ones compromising and the left points at us and cries to the naiton that the reason why they cannot get anything done is because We hate blacks, women, enviromentalists, gays, atheists, etc, 

Maybe its time to expose those categories. We exposed the NAACP's operational handbook. Actually exposed a written tactic that says if they begin to lose legislation or position on merit, that they throw in the race card because it works.... Everytime, and never fails to thow their opposition into a tizzy! 

Rand Pauls budget and spending plan needs to be suported across teh board because it is a workable plan that has been advanced. Whether it is successful is not the point, what is the point is that it possibly could be successful and that we have one. 

Time to get behind something that may work and quit worrying about who is going to get left out,

I promise you this. As soon as the cuts begin in spending, those liberal groups that are on the cuts list at the beginning, will suddenly Turn Against Each Other with a Fury  I say to you, wouldn't it be worth it just to see them tear each other apart?

I agree...in part

I agree in Part, "House Republican leaders learned nothing from the Tea Party rebellion that brought them back to majority status" & "The problem is Ryan’s plans always assume that the very forces that oppose him now can be held at bay for 20 or 30 years".

 

We've been kicking the can down the road long enough, its time we start to endorse more radical means to balancing the budget and cutting spending.  The Tea Party failed immediately when it abadoned the sound fiscal priciples of folks like congressman Paul and instead became another tool of the establishment GOP as a tool to dismount Obama.  The focus should remain on the economy instead of demonizing Obama and then doing the very same things he does once in office.

Ryan plan

At least he has a plan. The present administration has robbed Medicare, and will bankrupt it soon