In “Where’s Your Budget, Mr. President,” (Wall Street Journal, 8/3/11) House Budget Committee Chairman Paul Ryan wrote that President Obama had failed to present any plan to deal with the long-term debt and deficit. This is only one of the untruths in his article.
However, in April, the President laid down a framework for $4 trillion in deficit reduction, describing responsible reforms to Medicare and Medicaid and closing tax loopholes.
The President initiated and led meetings, examples being:
- the Biden Group
- multiple times with all 8 Congressional leaders
- two rounds of talks with Congressman Boehner – which Mr. Boehner walked out on.
Mr. Ryan claimed that the Republicans had gained everything in the final deal; there are a number of things they have been attempting to achieve – which they have not:
- They were not able to voucherize Medicare, or to make Medicaid into a disastrous block grant program
- They were not able to cause damage to the Social Security program
- They were not able to force Congress to spend another several weeks or months attendingonly to the debt crisis – in a mere six more months.
- They were not able to force ALL the cuts to come from non-security programs
Mr. Ryan again told the untruths about the effects of the Affordable Care Act, and contradicting the assessments of the Congressional Budget Office (CBO), in truth:
- The Affordable Care Act (ACA) was fully paid for
- The ACA is scored to reduce the deficit by $200 billion over the next 10 years, and more than $1 trillion in the following 10 years.
- The ACA will provide health care coverage for 34 million Americans and will extend the life of the Medicare trust fund.
- The ACA WILL NOT cause the $6,400 annual increase in health costs for seniors – which would have been the result of the Ryan plan.
The biggest, and worst, deception is promoting the idea that the budget can be balanced and