ThinkProgress reports on the Republican Senate Candidate here in Indiana.
Indiana GOP Senate Candidate Dan Coats Endorses Paul Ryan’s Plan To Privatize Social Security And Gut Medicare
Paul Ryan's budget plan scares even the few remaining almost sane members of the Republican party, but apparently it is a big hit with the majority of the party, who seem to be ready to double down on their epistemic closure from reality which has them isolated from the real world results of their policies on the American People.
In January, Rep. Paul Ryan (R-WI) — who Glenn Beck says he loves — released his Roadmap for America’s Future, which would eliminate long-term deficits by essentially privatizing Medicare and Social Security and placing arbitrary, non-specific freezes on all non-discretionary spending. In an analysis of the plan, the Center for Budget and Policy Priorities said Ryan’s plan "would result in a massive transfer of resources from the broad majority of Americans to the nation’s wealthiest individuals":
The Roadmap would give the most affluent households a new round of very large, costly tax cuts by reducing income tax rates on high-income households; eliminating income taxes on capital gains, dividends, and interest; and abolishing the corporate income tax, the estate tax, and the alternative minimum tax. At the same time, the Ryan plan would raise taxes for most middle-income families, privatize a substantial portion of Social Security, eliminate the tax exclusion for employer-sponsored health insurance, end traditional Medicare and most of Medicaid, and terminate the Children’s Health Insurance Program. The plan would replace these health programs with a system of vouchers whose value would erode over time and thus would purchase health insurance that would cover fewer health care services as the years went by.
Paul has a web site up explaining this very serious plan to complete this process of transferring 99% of wealth to the upper 5% or so of the population, and permanently destroy the middle class of America, while doing nothing in actuality to reduce the trillions of dollars in debt created by the Republican prior administration.
A Roadmap for America's Future
It is interesting that not all of the Republican leadership has embraced this plan with open arms.
Boehner Distances Republicans From Ryan Budget...But He Can't Name A Single Objection
House Republicans are at pains to point out that a far-reaching budget roadmap unveiled by their top budget guy, Rep. Paul Ryan (R-WI), isn't their budget, but when asked today at a press conference what about Ryan's budget he disagreed with, Minority Leader John Boehner couldn't name anything.
"Off the top of my head, I couldn't tell you," Boehner said.
Despite the apparent lack of substantive disagreement, though, Boehner wants to keep the Ryan plan from sticking to the GOP.
And allow me as a citizen of Indiana to express my disgust just one more time with that coward Evan Bayh, whose feelings were hurt by all us meanie leftie bloggers demanding he act like a Democrat.
Thanks, Evan, for not being enough of a leader to actually try to accomplish something in the Senate for the American People, and instead jumping ship and turning us over to the tender mercies of an Anti-Diluvian relic of conservatism like Dan Coats.
As Matt Yglesias points out, this marvelous roadmap does not balance the budget, anyway.
Paul Ryan’s Budget Doesn’t Balance the Budget
But when did reality matter to those on the right intent on completing this massive transfer of wealth from the many to the elite few, and reducing the middle and lower classes to impoverished drones, with no medical care or safety net for their old age.
As long as the bankers and corporations and wall street brokers have their money, all is right with America.