CBO: GOP Budget Would Increase Debt, Then Stick It To Medicare Patients

[upstatecajun]

The nonpartisan Congressional Budget Office's initial analysis of the House GOP budget released today by Rep. Paul Ryan (R-WI) is filled with nuggets of bad news for Republicans.

In addition to acknowledging that seniors, disabled and elderly people would be hit with much higher out-of-pocket health care costs, the CBO finds that by the end of the 10-year budget window, public debt will actually be higher than it would be if the GOP just did nothing.

Under the so-called "extended baseline scenario" -- a.k.a. projections based on current law -- debt held by the public will grow to 67 percent of GDP by 2022. Under the GOP plan, public debt would reach 70 percent of GDP in the same window.

http://tpmdc.talkingpointsmemo.com/2011/04/cbo-gop-budget-would-increase-debt-then-stick-it-to-medicare-patients.php?ref=fpa





http://www.tloforum.org/index.php

[riderinthestorm]

1. Oh irony, thy name is... Paul Ryan.... nt

[rufus dog]

2. KICK and R

[TheFarseer]

3. I don't understand why we don't

get rid of the tax breaks like they are talking about and keep the tax rates where they are (I would raise them but that seems politically impossible), cut the military and if you still want to, cut some things out of Medicare and Medicaid. That's how to balance the budget.

In terms of everyday people and their budgets, the GOP plan is like someone who is in debt dropping health insurance to save money, clipping coupons, going out to eat less and then quitting their job. It makes no sense!

[TomCADem]

4. GOP Fiscal Plan - Cut Taxes To Rich, Pay For Tax Cuts With Cuts To Nation's Vulnerable

Of course, the corporate media is still in a tizzy calling Ryan's budget "bold"!

[liberal life]

5. I think we need to surround the stations and protest them

Will the right wing finally see that the media is on their side?

Will the tea party 'protesters' finally see they are on the same side as the media and the corporations and the greedy?

The big lie is so freaking huge now, how can anyone believe it?




http://fucorporatemedia.com/