Wednesday, April 02, 2014


(Cartoon by Drew Sheneman/Tribune News Services and featured at US  Click on image to enlarge.)

What's old has become new again.  The force behind this miracle?  Why, it's Paul Ryan, who has decided it's time to re-introduce his already rejected budget.  No surprise here.

From the L.A. Times:

House Republicans will revive Rep. Paul Ryan's lightning-rod proposals to slash the federal safety net, beef up military spending and reduce taxes for the wealthy in a budget unveiled Tuesday -- an election-year calling card that Democrats are poised to use against the GOP.

The blueprint from Ryan, the party's former vice presidential nominee, is expected to be met with stiff opposition not only from Democrats, but also from hard-line Republicans who want deeper austerity cuts to more quickly balance the budget. ...

 ...House Republicans will return to the core ideas from Ryan, the Budget Committee chairman, that have come to define the party's approach: Cut federal spending on Medicare, Medicaid and other programs that make up the federal safety net, while reducing top individual and corporate tax rates to  25%, which Republicans argue will spur economic growth. ...

Drafting the budget for the 2015 fiscal year, which begins in October, was a challenge this time because the nonpartisan Congressional Budget Office projected sluggish economic growth. That made it more difficult to achieve Ryan's goal of eliminating federal red ink within 10 years.
To get to balance -- especially while protecting Pentagon accounts -- Ryan shifts the burden of reductions onto domestic programs.

He suggests money can be saved by cutting food stamps, capping college Pell grants, imposing more welfare work requirements, eliminating federal arts funds, even selling off public lands. He leaves the details to the House committees to sort out.  [Emphasis added]

And guess what?  The old-but-new-again budget was introduced just in time ... for the 2014 elections, that is..

What a surprise, eh?

And that old-but-new-again budget just might garner Mr. Ryan an award or two.

Stay tuned.

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