Blog Archive

Blog Archive

Wednesday, April 6, 2011

postheadericon Ryan bill is not enough

It is a cliché that the devil is in the details. So, after seeing and hearing all the breathless talk and anticipation of the House Republican budget, I couldn’t wait to see the real numbers.

What a disappointment.

While significantly better than a continuation of the Obama budget projections, House Budget Committee Chairman Paul Ryan’s (R-Wis.) budget still leaves the United States with a national debt of more than $22 trillion in 2021 and a $344 billion annual deficit in that same year â€" hardly numbers that will excite fiscal hawks.

Of course, the left is howling already, as they prefer the Obama model, which projects a 2021 deficit of $774 billion with a total federal debt at $26 trillion.

Read more...

0 ความคิดเห็น: