{"id":2850,"date":"2011-04-05T11:25:59","date_gmt":"2011-04-05T11:25:59","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=2850"},"modified":"2011-04-05T11:25:59","modified_gmt":"2011-04-05T11:25:59","slug":"the_paul_ryan_budget_proposal","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=2850","title":{"rendered":"The Paul Ryan Budget Proposal For 2012"},"content":{"rendered":"<p>This is the visual representation of what Paul Ryan&#8217;s budget proposal means.&nbsp; The questions is whether we choose to continue on the path we are on and create massive federal debt or whether we decide to stop the spending now&#8211;before it is too late.&nbsp; The chart is from a <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748703806304576242612172357504.html\">Wall Street Journal<\/a>&nbsp;article written by Paul Ryan and posted today.&nbsp; <\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"WIDTH: 506px; HEIGHT: 366px\" border=\"0\" hspace=\"0\" alt=\"ryan\" src=\"http:\/\/si.wsj.net\/public\/resources\/images\/ED-AN340_ryan_G_20110404162403.jpg\" width=\"555\" height=\"407\" \/><\/p>\n<p>Mr. Ryan states in his article:<\/p>\n<blockquote style=\"MARGIN-RIGHT: 0px\" dir=\"ltr\">\n<p><em>&#8220;The president&#8217;s recent budget proposal would accelerate America&#8217;s descent into a debt crisis. It doubles debt held by the public by the end of his first term and triples it by 2021. It imposes $1.5 trillion in new taxes, with spending that never falls below 23% of the economy. His budget permanently enlarges the size of government. It offers no reforms to save government health and retirement programs, and no leadership.<\/em><\/p>\n<p><em>&#8220;Our budget, which we call The Path to Prosperity, is very different. For starters, it cuts $6.2 trillion in spending from the president&#8217;s budget over the next 10 years, reduces the debt as a percentage of the economy, and puts the nation on a path to actually pay off our national debt. Our proposal brings federal spending to below 20% of gross domestic product (GDP), consistent with the postwar average, and reduces deficits by $4.4 trillion.&#8221; <\/em><\/p>\n<\/blockquote>\n<p dir=\"ltr\">As the private sector has grown smaller in the recession, the government sector has grown larger, with salaries at about 140 percent of those in the private sector.&nbsp; Until we stop that trend, the nation will not return to prosperity.<\/p>\n<p dir=\"ltr\">One of the more interesting ideas in Paul Ryan&#8217;s budget is to bring Medicare under the same sort of program used for Congress.&nbsp; It is a private program with government subsidies, but not directly funded by the government.&nbsp; Because it is a private program, it runs more efficiently and costs less.&nbsp; The plan also includes proposals for tax reform&#8211;making the tax code less complicated and lowering overall tax rates.&nbsp; Both of these ideas would be wonderful if put into practice, the question is whether or not they will be stopped by lobbyists and special interest groups in Washington.&nbsp; The time of catering to lobbyists and special interests is over&#8211;we can&#8217;t affort it anymore.&nbsp; The suggestions in this budget proposal would be a good first step in bringing the country back to prosperity and back to the economic principles it was founded on.&nbsp; The budget Mr. Ryan has proposed needs to move forward.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This is the visual representation of what Paul Ryan&#8217;s budget proposal means.&nbsp; The questions is whether we choose to continue on the path we are on and create massive federal debt or whether we decide to stop the spending now&#8211;before &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=2850\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2850","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/2850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2850"}],"version-history":[{"count":0,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/2850\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}