{"id":10126,"date":"2013-03-13T04:07:54","date_gmt":"2013-03-13T11:07:54","guid":{"rendered":"http:\/\/www.politicsplus.org\/blog\/?p=10126"},"modified":"2013-03-13T04:07:54","modified_gmt":"2013-03-13T11:07:54","slug":"budget-deja-vu","status":"publish","type":"post","link":"https:\/\/www.politicsplus.org\/blog\/2013\/03\/13\/budget-deja-vu\/","title":{"rendered":"Budget Deja Vu"},"content":{"rendered":"

In the run-up to the 2012 election Paul Ryan clearly said that the election would determine what type of budget policy America would have: the Ryan plan of welfare for the rich and austerity for the rest, or the Obama plan of balance between cutting spending and increasing revenue by cutting back on the special treatment that the 1% receive in the tax code.  America chose.  But now Republicans are acting as if they had won, and the new Ryan Budget is virtually identical to the old one.<\/font><\/p>\n

\n

\"13RyanBudget\"Senate Democrats and House Republicans on Tuesday outlined vastly divergent approaches to shoring up the government\u2019s finances, a reminder of how far apart they remain on fiscal policy even as both sides insist publicly that a bipartisan compromise is possible\u2026<\/p>\n

…The Republican plan sets out to balance the budget in a decade and would cut spending by $4.6 trillion through 2023, in large part by rolling back many of Mr. Obama\u2019s signature legislative accomplishments. It would repeal the health care overhaul of 2009, eliminate the subsidized insurance exchanges and Medicaid expansion that make up the core of the law, and turn Medicare into a system of private insurance plans financed by federal vouchers<\/strong>. <\/p>\n

Republicans would also do away with Wall Street regulatory laws that Mr. Obama championed and cancel the financing his administration sought for a high-speed rail network<\/strong>. <\/p>\n

Senate Democrats, meanwhile, were pressing forward with a budget they planned to start moving through the committee process on Wednesday. Before they could proceed, they had to set aside differences among themselves over how much to change costly but cherished federal benefit programs. When Mr. Obama met with them on Tuesday, several voiced concerns about cuts to Social Security and Medicare. <\/p>\n

The Democrats\u2019 budget plan will not call for adjusting the way inflation is calculated<\/strong> as a way to lower the future cost of those benefits, though Mr. Obama has said such a change should be on the table in talks with Republicans\u2026<\/p>\n

…Their proposal calls for a new $100 billion economic stimulus initiative for job training and repair to roads and bridges, projects that Democrats say they would pay for by closing loopholes in the tax code that benefit large corporations and wealthy individuals<\/strong>. All told, Democrats believe they can save nearly $1 trillion through such tax changes<\/strong>. <\/p>\n

They would save an additional $1 trillion by trimming spending<\/strong>, with a quarter of those cuts coming from the Pentagon\u2026<\/p>\n<\/blockquote>\n

Inserted from <NY Times<\/a>><\/p>\n

Am I the only one getting a sense of d\u00e9j\u00e0 vu?<\/font><\/p>\n

Both Lawrence O\u2019Donnell and Rachel Maddow had segments covering the impasse.<\/font><\/p>\n

Lawrence interviewed Robert Reich and others.<\/font><\/p>\n

<\/embed><\/object><\/font><\/p>\n

Visit NBCNews.com for breaking news<\/a>, world news<\/a>, and news about the economy<\/a><\/p>\n

The only way to balance the budget is the way Clinton did it, to grow the economy until revenue catches up. As an alternative Lyin’ Ryan offers massive magic asterisks, more welfare for the 1%, and tax increases for everyone else.<\/font><\/p>\n

Rachel put it into perspective.<\/font><\/p>\n

<\/embed><\/object><\/font><\/p>\n

Visit NBCNews.com for breaking news<\/a>, world news<\/a>, and news about the economy<\/a><\/p>\n

No doubt, Republicans will slither back to their districts, screaming that Democrats are trying to raise YOUR taxes.  If YOU are a billionaire or a corporate criminal, they will be right.  Otherwise only the Republican plan raises taxes on the poor and middle classes, just like they were trying to do when you rejected their plan in November.  Lets hang this on every Republican candidate from dog catcher up.<\/font><\/p>\n","protected":false},"excerpt":{"rendered":"

In the run-up to the 2012 election Paul Ryan clearly said that the election would determine what type of budget policy America would have: the Ryan plan of welfare for the rich and austerity for the rest, or the Obama plan of balance between cutting spending and increasing revenue by cutting back on the special […]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-10126","post","type-post","status-publish","format-standard","hentry","category-politics","category-5-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"_links":{"self":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/10126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/comments?post=10126"}],"version-history":[{"count":0,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/10126\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/media?parent=10126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/categories?post=10126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/tags?post=10126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}