Monday, April 12, 2010

Paul Ryan: Hiding Spending Doesn't Reduce Spending

"I will not sign a plan of a cent added to our deficits - either now or in the future." (Remarks by President Obama went through to a joint session of Congress, September 9, 2009) This afternoon, Ranking Member Committee on Budgets Ryan why the bill put forward by the Democrats, the President proposed to test the deficit. - The majority leader said the Bill scores as reducing agents deficit of $ 131 billion over the next 10 years. First a little about CBO: I work with them every single day, very good people;great professionals. They do their job well. But their job is to score, which is placed before them. And what has placed before them is a law that the abundance of gimmicks and deception. Well, what I mean when I say do it? First off, the tax accounting years and ten years of Medicare cuts to pay has to spend ten to six. The true cost of ten years if subsidies kick in? 2.3 trillion dollars. The bill is full of gags that are more than deleting the false claim of the deficitReduction: - 52 billion dollars in savings by counting Social Security payroll increased revenue claimed. These dollars are already available for future Social Security recipients claimed, and claims costs have been compensated for this bill either by double-counting, or would not be paid to social benefits. - $ 72 billion in savings claimed by the class act long-term care insurance. These so-called savings are not offset, but premiums collected to pay for future benefits. Senate...



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