Thinkprogress:
Last week, the House GOP presented its alternative budget proposal. Members of the media, including conservative commentators, widely panned the document for being scant on details and appearing more as “campaign-style talking points.” Rep. Paul Ryan (R-WI), ranking member of the House Budget Committee, has said he will release yet another budget proposal, but this time with more specifics.
Though Ryan has been most critical of the deficit impact of Obama’s budget, he has been unable to assess the deficit impact of his own budget. After being repeatedly asked this weekend by Bloomberg’s Al Hunt about “how large” the deficit would be under the Republican plan, Ryan finally respond, “A lot”:
HUNT: But the Obama budget deficit is $1.4 trillion. How, roughly, how large will yours be?
RYAN: Their budget deficit is $1.8 trillion. […]
HUNT: Gimme an idea of how large yours will be?
RYAN: A lot. Let’s put it that way.
HUNT: Pardon me?
RYAN: Now I can’t give you the specific numbers because we’re still waiting for some numbers back from CBO. But clearly we don’t want to have this kind of run up of deficits and debt.
RYAN: Their budget deficit is $1.8 trillion. […]
HUNT: Gimme an idea of how large yours will be?
RYAN: A lot. Let’s put it that way.
HUNT: Pardon me?
RYAN: Now I can’t give you the specific numbers because we’re still waiting for some numbers back from CBO. But clearly we don’t want to have this kind of run up of deficits and debt.
2 comments:
Isn't that the GOP way, deficit spending?
This is what the GOP gets for having their Republican Economic Adviser Joe the Plummer to their budget report. Now it's time to inlist Paul Krugman to come up with a plan. Krugman has the green eye of envy against Tim Geithner so he's open to play with the Devil. As Krugman said why would Obama pick Geithner over him as he won the Nobel Prize.
Post a Comment