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View Diary: I Read Paul Ryan's Budget (42 comments)

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  •  Interest? (4+ / 0-)

    Does he spell out how we save $700 billion on interest?  I am not sure that is something that is in our control. Is it another unicorn and confidence fairy sort of thing where when we we gut the budget the investors will come? Dana Milbank writing for the Washington Post came closer to what I read

    Here’s how: The former Republican vice presidential candidate’s budget eliminates  _ _ loopholes in the tax code, cutting the  _  and the  __  deductions. It reduces spending on the  __  program by  __  and the  __  program by  __ . Retirees would see  _ , students would experience  __  and the poor would be  ___ .

    There are so many blanks in Ryan’s budget that it could be a Mad Libs exercise. But this is not a game. It’s black-box budgeting — an expression of lofty aims, with binders full of magic asterisks in lieu of specific cuts to government benefits. If this were a fitness plan, Ryan, a former personal trainer, would be telling Americans that under his revolutionary program, they could lose 50 pounds in 10 weeks without dieting or working out.

    It is possible to read the history of this country as one long struggle to extend the liberties established in our Constitution to everyone in America. - Molly Ivins

    by se portland on Wed Mar 13, 2013 at 07:33:49 PM PDT

    •  that part actually makes sense (2+ / 0-)
      Recommended by:
      MPociask, se portland

      If we shrink the deficit, we borrow less and pay less interest. I don't think he's assuming that his budget will keep interest rates down (but I'm not totally sure).

      Read the Weekly Sift every Monday afternoon.

      by Pericles on Thu Mar 14, 2013 at 07:06:15 AM PDT

      [ Parent ]

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