Later this morning, House Budget Committee Chairman Rep. Paul Ryan will formally reveal his party's fiscal blueprint for FY 2014. The new "Path to Prosperity" will achieve balance by 2023, with annual deficits dipping below $100 billion seven times over the next decade. It does not raise taxes. It offers specific reforms to reduce and control unsustainable healthcare spending while saving important safety net programs from insolvency. And it reduces deficits by $4.6 trillion over the next ten years (compared to the current trajectory) without relying on misleading gimmicks. Based on Ryan's appearance on Fox News Sunday...
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Sadly, you're probably correct. We see what happens to politicians that try, ie, "granny off the cliff!". Nevertheless, reform will come. The question is whether it will be forced upon us or we will grow up and make responsible choices before circumstances inflict draconian pain on society. It is a completely reactionary position to say, as that idiot Keith Ellison did yesterday, “I only know one thing: I’m against cutting Social Security, Medicare, Medicaid." Well, we're going to have to cut them. We can either start by cutting Warren Buffett's Medicare now or cut his secretary's down the road. We can be adults or we can be children. I prefer to be adult about this.
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