Posted on 04/03/2011 7:32:59 AM PDT by maggief
The Republican chairman of the House Budget Committee said his party's budget proposal for 2012 would cut deficits by more than $4 trillion over the next decade, vowing to tackle costly entitlements like Medicare and Medicaid.
The proposal, set to be unveiled Tuesday, would serve as the Republicans' official response to President Obama's proposed $3.7 trillion budget for 2012. The White House claims its plan would cut deficits by $1.1 trillion over a decade.
But Ryan, R-Wis., in an interview with "Fox News Sunday," accused Obama of "punting" and said Republicans' plan would exceed the fiscal goals set by the president's fiscal commission -- which issued a report calling for $4 trillion in cuts. That report never made it out of committee.
(Excerpt) Read more at foxnews.com ...
Will America survive that long?
I’ll believe it when I see it!
The GOP is long on promises. But when it comes time to actually do something, they choke!
When I see a forecast talking about what will be saved over the next decade I know I'm hearing spin. Or more correctly BS.
Means nothing if they don’t front load the cuts.
Stop ALL foreign aid!
Let me see, we cannot seem to get an agreement on budget cuts for the current year...so, why do I believe there will be a better deal when we begin discussing next year’s budget which will be demigoged by Ohau through the entire election process? No just keep sending forward cuts NOW, no agreement, shut the place down as soon as we get to the debt limit. Argue from strength, not from weakness. Never go to a war of words on budget cutting with a weak back bone.
The 4 Trillion still leaves us about 10 Trillion too short.
We must cut and reform the big entitlements, such as Social Security, Medicare, and Medicaid (or raise taxes by a huge amount).
Without doing the above, the dollar crashes, and it’s GAME OVER for the US as an economic superpower.
But judging from the reception that I get here when I bring up Social Security reform at this so-called conservative site (i.e., make it into a means-tested welfare program), it AIN’T GOING TO HAPPEN.
...so get ready for a ride to the bottom.
Yeah, this whole “next decade” is a fool’s errand. The next Congress could simply rewrite the law. Cut this year. Now!
GOPBS. Phantom Saving. I will believe it when I see Federal Agencies eliminated. Otherwise GTH GOP. They just want to be Capt. of the Titanic instead of Obama.
Same old, same old. Too little, too late.
Amounts to wishful thinking due to kamikaze democrats and libtards.... =.=
They Young Guns are shooting blanks. If that.
What I can’t understand is why we can’t ramp it down two trillion in two years. We added a trillion dollars per year to the budget over the past two years. Why can’t that simply be rolled back? The GOP is playing on the Dems turf here.
right. 4 trillion is chicken feed.
“right. 4 trillion is chicken feed.”
No, it’s real money, but just not nearly enough for this mess.
Over the next decade? How about the next year??
Another frigging joke, the last newt glide path worked at real well, could we just contract out congress to some illegals and save a ton of money.
Fail.
Cut 4 Trillion TODAY or be replaced.
"We don't have a tax problem," Ryan said. "We have got to stop spending money we don't have."
Fire Ryan.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.