Highlights Of Rep. Ryan's Budget Outline

Ryan's Proposal Is A Beginning

Representative Paul Ryan's (R-WI) fiscal year 2012 budget proposal is a beginning that the Republicans can build on  to end the Democrats profligate socialism and expose them for the true extremists that they are.  It isn't a panacea to solve all of our problems, still it will move us in the right direction.

Before Nancy Pelosi has even read it she started screeching how bad it is.  Can she read?  Remember she didn't read Obamacare and told us we'd have to pass it to find out what's in it.  Pelosi is screeching and wringing her hands over how the Ryan plan will cause people TO DIE!!!!!!

No Pelosi NO budget passed by the Democrats for 2011 and Obamacare kill people.  This budget outline for 2012 is a first step in restoring America to our greatness that you and Barack Obama have tried to destroy.

Following are some highlights of good areas of Ryan's proposal:

Medicaid: The budget proposes a transformational change to Medicaid by converting it to a block grant program which would give states more flexibility in how to spend their Medicaid dollars.  There would also be an overall cap placed on the block grants.  This would encourage states to innovate and formulate the best ideas for reducing dependency, instead of exacerbating it through an open ended entitlement program.  The plan would trim the cost of Medicaid by $771 billion from the CBO baseline over the next decade.

Corporate Welfare/Ethanol/Farm Subsidies: Ryan’s proposal repeals the odious ethanol subsidies completely.  It also reforms farm subsidies by trimming farm/corporate welfare from its current level of $25 billion.  This is especially perceptive given the record high food prices that have been spurred in part by these market-distorting subsidies.  The proposal also calls for an end to tax cuts for the rich - no more green subsidies!

Obamacare: It defunds Obamacare COMPLETELY.  While much of the budget is driven by choices between several evils in order to reform existing Democrat entitlement programs, this proposal prevents Obamacare from becoming another Medicare/Medicaid disaster.

Taxes: The proposal reduces the highest corporate and personal income tax rates to 25%.

Earmarks:  The ban on earmarks is made permanent.

Freddie Mac and Fannie Mae:  The budget plan cancels these economic destructive government entities and calls for their privatization.  The resolution also calls for an end to corporate bailouts that were enshrined in the Dodd-Frank financial takeover bill.

Pell Grants:  All of the exorbitant increases in Pell Grants that were a part of the stimulus bill would be defunded.  This will help slow rising tuition inflation that has been generated as a result of these interventionist programs.

Medicare:  Ryan proposes a premium-support program to replace the current market-distorting, bankrupting, and open-ended subsidization of all health care for seniors.  Under such a plan, the government would pay the premiums of Medicare enrollees’ so they can purchase an insurance plan of their choice in the free market.  As with the Medicaid proposal, this plan would mandate an overall spending cap on the amount of the premium payments.

This is a beginning.  America we have to end the free spending that has gone on too long in Washington.

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You might also like to read this article: A Budget Proposal That Will Balance The Budget


 

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