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Thursday, April 07, 2011

Obama's Budget Commission Chairs Endorse Ryan Budget Plan

This has to be the kiss of death to the Ryan plan as Obama and the Dems totally ignored the Budget Commission recommendations!

From The Hill:
Fiscal Commission and Moment of Truth project co-chairs Erskine Bowles and former Sen. Alan Simpson released the following statement:

The budget released this morning by House Budget Committee Chairman Paul Ryan is a serious, honest, straightforward approach to addressing our nation's enormous fiscal challenges. We applaud him for his work in putting forward a proposal which will reduce the country's deficit by approximately the same amount as the plan of the President's Fiscal Commission.

We are particularly encouraged that Chairman Ryan's budget looks beyond the recent debates about near-term cuts and recognizes the need to address the long-term drivers of the debt. We are also pleased that the Chairman includes a process for Social Security reform in his budget to set the program on sound footing, and looks to do so for the program's own sake, not for deficit reduction.

Chairman Ryan's budget incorporates many of the proposals included in the Commission report. But in the areas where he did not support the Commission's recommendations, we are happy to see he has stepped up to the challenge of the "Becerra rule" adopted by the Commission - namely, to put forward alternative proposals with equal or greater savings for every provision one turns down.

Going forward, anyone who issues an alternative plan to Chairman Ryan's should be held to the same standard when offering their own solutions. We simply cannot back away from these issues.More
Speaking of alternatives, it is important to note in the current budget battle that not only did Democrats fail to pass a spending plan for the current fiscal year when they controlled both the House and Senate, they have yet to present ANY plan in the Senate as an alternative to the GOP spending bills which have passed the House.

The Ryan plan is the ONLY plan on the table and the only serious effort in many years to tackle the spending problem.

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