Breitbart.com posted an article today about the budget compromise recently reached by Paul Ryan and Patty Murray. Congressman Ryan continues to defend the proposed cuts to veteran’s retirement pay. Before I continue, I just want to mention that cutting retirement pay for veterans is breaking a contract that was made with them when they agreed to serve in our military for twenty years or more.
Now, back to the actual point–the spending cuts in this budget do not reduce the deficit–they are math gimmicks.
The article reports:
As Breitbart News has reported, Ryan’s and Murray’s budget deal does not reduce the deficit. In fact, the deal raises the deficit by at least $15.5 billion because of a series of gimmicks that Ryan and Murray employed in the accounting of the deal — namely, double counting of savings like the tactic which was employed in Obamacare, and the failure to include an estimate of the interest on the borrowed money for the first couple of years of increased spending. These are only a few among a series of other misleading statements Ryan has made about the deal.
Congressman Ryan claims that the changes in military pensions are simply a ‘small adjustment.’ The facts do not back up that statement.
The article reports:
Ryan characterized the change as a “small adjustment” in the next paragraph, even though he admitted it could affect veterans by as much as $100,000 or more over their lifetimes, depending on when they retire.
That’s a serious broken promise.
The article reminds us:
In his op-ed, Ryan did not address the proposal in the House of Representatives gaining significant attention already from Reps. Martha Roby (R-AL) and Mike Fitzpatrick (R-PA). Roby’s and Fitzpatrick’s plan would restore pensions for all military veterans and offset the savings those cuts create with savings from closing a loophole allowing illegal aliens access to the Refundable Child Tax Credit. Closing that loophole would save $7 billion — more than enough to ensure that the Pentagon gets the money it needs to buy top-notch military equipment.
Why are we taking money away from our military veterans and giving it to illegal aliens? Is this where we want to go?