Saturday, June 4, 2011

Paul Ryan: Hide expenditure not to reduce spending

Paul Ryan: Hide expenditure not to reduce spending Video Clips. Duration : 6.20 Mins.


"I will not sign a plan that adds a cent of our deficit -. Neither now nor in the future" (Address by President Obama to a joint session of Congress, September 9, 2009) This afternoon, the Budget Committee Ranking Member Ryan went through, because the bill proposed by Democrats, the President proposes to test the deficit. - The majority leader said that the score bill as an agent for reducing the deficit of 131 billion U.S. dollars over the next 10 years. First, a bit 'CBO: I work with them every day, people are very good;leading professionals. They do their job well. But their task is to score what is set before them. And what is set before them a bill, the abundance of gimmicks and noise and smoke. Now, what I mean when I say that? First, the bill to raise taxes for ten years and ten years of Medicare cuts for six years, pay to spend. The real costs in 10 years if the subsidies kick in? $ 2300000000000. The bill is full of gags that are more than erase the deficit of the false statementReductions: - $ 52000000000 savings claimed by counting Social Security revenue has increased payroll. This money is already available for future recipients of Social Security said, arguing that the cost of these funds were offset account or twice, or non-payment of pensions taxation. - $ 72000000000 savings incurred by insurance against the lack of the class of long duration. These so-called savings are not offset, but the premiums collected to pay future benefits. Senate...

Tags: paul-ryan, congress, health-care, budget, white-house, summit, deficit, cbo, wisconsin

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