Paul Ryan’s 2012 Budget Short-Changes Citizens For Political Donors | Double Dip Politics


Paul Ryan’s 2012 Budget Short-Changes Citizens For Political Donors

BY ANNABEL LEE

 

When one hears the words “budget” and “House Republicans”, it’s completely normal to cringe. The 2011 Paul Ryan budget was a disaster for the GOP and the candidates running at the time. Newt Gingrich spoke out, stating it was “conservative social-engineering”. Gingrich later stated anyone showing that statement in context is taking him out of context. I guess we’re taking him out of context by quoting him.

The House Republicans did unveil their version for a 2012 budget, complete with many of the same ideas held in 2011. Examining the budget proposal shows a stark contrast between the White House and the GOP Representatives. 

For starters, the GOP budget was again created by Rep. Paul Ryan (R-WI). The plan is a combination of drastic spending cuts to social programs and cutting taxes. Ryan’s new budget claims drastic cuts to domestic spending would reduce borrowing. The budget neglects the fact $11.2 trillion of the national debt is held by the American people.

Sharp cuts to Social Security, Medicare, Medicaid, the Supplemental Nutritional Assistance Program, unemployment insurance, and Pell Grants would take vital funds out of the hands of the poor and elderly. Tax cuts would lower revenues coming into the government. The tax cuts are focused primarily at the top 10 percent of incomes and for corporate entities.

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 Paul Ryan’s 2012 Budget Short-Changes Citizens For Political Donors | Double Dip Politics.

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