From what I got from the interview, I like the deal.
No new tax on incomes.
Sequester is not lifted - it is amended for the next 15 months to swap permanent changes in entitlement laws [reductions] for increases over the next 15 months.
It comes out about even if you can stomach waiting 10 years for the full amount of the reductions to take place.
But it does not lift the sequester and it does not raise income taxes.
I really am surprised the Dems went for it. They must be in a panic.
One thing I was very interested in - Ryan claims that the deal “reclaims the power of the purse” to the House by not doing CRs... I’m interested in that b/c that’s been the ploy by dems ... and that’s why they started doing CRs... to take such power from the House. That is one of the main pillars allowing 0bama to take over government.
They just say no and shut down the gov’t and blame Rs and it works. The latest shutdown - clearly 100% on the hands of Reid and 0bama - did hurt the Rs. But it was finessed beautifully by Cruz with 0bamacare.
If we could get back to what we’ve done for over two centuries - individual spending bills - we’d be closer to regaining the power of the purse. I don’t think 0bama would survive repeatedly refusing to fund individual pieces of gov. ESPECIALLY if we win the senate even by the smallest of margins. Hell I bet a 49-51 D control would see enough dems throw 0bama under the bus and make him veto a bill to fund.
SEVEN HUNDRED billion dollar deficit this year and it returns to over a trillion dollars each year in two years and they agree to cut 22.5 billion in deficit spending over ten years and you like that?????
Must you be reminded that the current Congress has no sway over what the next 5 Congresses can undo? So you think by exploding the current budget to over $1T each year just to save $23B over 10 years that can easily be undone by the next 5 Congresses is a good deal?
Seeing the first two years don’t count in the savings should be as simple to see this was written for the current Congress because with this crap I can guarantee that miniscule by comparison $23B will be gone before the next Congress gets its feet wet.
Do you realize the Federal Government spends $23B in just under 57 hours?
I don't like it but I accept it as the best that Ryan could get.
Ryan was negotiating with the senate and the white hut and they get to speak up too.
There is going to be screaming all over the conservative blogs, but reason is something that we need to have, and remember that there are 315,000,000 people living in America and 310,000,000 don't have a clue.
That would be great if we could afford to wait ten years. Since GOP-E Republicans are tripping all over themselves to cave on Obamacare, that's ten economic years we don't have.
The problem is the few good stuff will be stripped out by the Senate and 51 votes later, bang the Rats get what they want.
You like it? It’s crap. All lies. Why do we always have to wait “10 years” for deductions that NEVER happen and are nothing but decreases in increases anyway?
Until they use zero based bugeting and not the lie of baseline budgeting (no private company would every budget like that) no spending will ever decrease. Much less actually eliminating useless departments within departments, etc.
It’s all status quo that gives Dems more talking points that RINO’s parrot.