It is different because the cuts are immediate cuts in FY2012, and they are specific cuts.
Beyond that are caps. the caps reflect the GOP budget roadmap, to take us from 25% of GDP budget to 18%.
Ron Paul is simply wrong and distorting. he KNOWS that the cut, cap and balance is based on Ryan roadmap budget and he knows what is in and not in those budget assumptions.
So when Ron Paul says: “First, it purports to eventually balance the budget without cutting military spending, Social Security, or Medicare.” ... he KNOWS that is not true. Entitlement reform / changes are part of what will happen to make a balanced budget come about, and everyone knows this is necessary, that’s why the Democrats are shreiking over GOP plans while not offering plans of their own. The Democrat approach is to be as irresponsible as possible and demagogue the GOP plans, which are honest and sincere attempts to get us to balance.
Ron Paul’s approach is a snooty elitist purist turned-up-nose at a tough and practical solution, because it doesnt do the impossible. WELL ... PONDER THIS: Since Ron Paul has been in DC, the debt has tripled. So what GOOD has he actually done, while he criticizes other conservatives for their good efforts? What agencies did he get abolished in his decades there? What spending did he actually cut? What victories for conservatives did he actually win? so why listen to a guy who is just a do-nothing loser???
Take this crappy, dishonest statement:
“As Milton Friedman famously argued, what we really need is a constitutional amendment to limit taxes and spending, not simply to balance the budget.”
It’s funny, but I happen to agree 100% with this crappy dishonest statement. Milton Friedman is right! The funny thing is - the authors in the Republican Congress of the balance budget amendment listened to Friedman and did exactly that. So Ron Paul’s statement, is crappy and dishonest by implying falsely that the Cut, Cap and Balance did NOT do exactly what it DID do.
Again, RON PAUL WAS TOO LAZY TO EVEN READ THE AMENDMENT, AS IT DOES EXACTLY WHAT HE CLAIMS HE WANTS IT TO DO! Sorry for shouting, but it is perfectly obvious that Ron Paul is getting so addled he is failing to even read the bill!
ON TAXES - SUPERMAJORITY VOTE REQUIRED:
” `Section 4. Any bill that imposes a new tax or increases the statutory rate of any tax or the aggregate amount of revenue may pass only by a two-thirds majority of the duly chosen and sworn Members of each House of Congress by a roll call vote. For the purpose of determining any increase in revenue under this section, there shall be excluded any increase resulting from the lowering of the statutory rate of any tax.”
ON SPENDING - SUPERMAJORITY VOTE REQUIRED:
“ `Section 2. Total outlays for any fiscal year shall not exceed 18 percent of the gross domestic product of the United States for the calendar year ending before the beginning of such fiscal year, unless two-thirds of the duly chosen and sworn Members of each House of Congress shall provide by law for a specific amount in excess of such 18 percent by a roll call vote.”
source:
http://thomas.loc.gov/cgi-bin/query/z?c112:H.J.RES.56:
OK, so Ron Paul is point-blank wrong in his assertions about the balanced budget amendment, wrong in his characterizations of the cuts and the roadmap to balance.
has he even read the bill AT ALL?!?
Ron Paul is FURTHER dishonest in failing to state what HE WOULD DO to entitlements to address this. He’s a real jerk to pull this stunt and make this statement. It’s all well and good to make a general “spending should be lower” statement. WHAT IS HIS PLAN TO GET THERE? He has none!
He is as bad as Obama, sitting there doing nothing and criticizing everyone else.
Rep Ron Paul made a bad vote and worsened his credibility with a dishonest, inaccurate and ill-informed statement. Shame on him.
http://rsc.jordan.house.gov/News/DocumentSingle.aspx?DocumentID=252753
What the Cut, Cap, and Balance Act Does
Based on CBO’s March baseline, the Cut, Cap, and Balance Act saves $111 billion in 2012 and around $5.8 trillion over ten years.
Enforceable caps on spending will bring the size of government back below 20% of GDP to its post-WWII average.
The bill grants President Obama’s request for an increase in the debt limit, but only after Congress has cut up the credit cards by passing a Balanced Budget Amendment.
Talk about crappy dishonest statements!