Combs Spouts Off

"It's my opinion and it's very true."

  • Calendar

    October 2020
    S M T W T F S
     123
    45678910
    11121314151617
    18192021222324
    25262728293031
  • Recent Posts

  • Tag Cloud

  • Archives

The Ryan budget: a step in the right direction

Posted by Richard on March 20, 2012

After a cursory look at Rep. Paul Ryan’s new budget proposal, I’m inclined to give it two cheers. It’s certainly in stark contrast to the President’s bloated and irresponsible plan. And maybe it strikes an astute balance between what really needs to be done and what’s palatable, for now, to the majority of Americans. But I agree with Investor’s Business Daily:

… It’s a good start, but we’d prefer a plan that cut spending more deeply, killed off a few needless Cabinet agencies and truly embraced the Founders’ vision of a limited federal government.

Despite the wailing from Democrats about draconian spending cuts, Ryan’s near-term cuts would still leave government spending 5% more in 2014 than it did in 2008 — even after adjusting for inflation.

It never gets federal outlays below 19%, which is still too high. And annual deficits worryingly start to rise again after 2018, although at a far lower level than under Obama’s budget.

But we’ll take Ryan’s responsible and perfectly reasonable plan over Obama’s recklessness any day.

And we suspect that when voters have a chance to see the two budget futures explained to them, they will too.

Subscribe To Site:

One Response to “The Ryan budget: a step in the right direction”

  1. […] a cursory look when it came out, I gave the Ryan plan two cheers. But after looking at the graphs and numbers Nick Gillespie put together (from Investor’s […]

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.