Paul Ryan unveiled his new $6.2 Trillion dollar budget cut over the next 10 years. Unlike the budget cuts proposed earlier this year by Republicans (which cut very little, and didn't touch entitlement programs), Ryan seems to hit everything that is needed to make meaningful change to our deficit and to put this country back on top.
What are your thoughts on the plan? I don't think anything close to what he is proposing will happen as the American people don't want to face the reality of what is actually needed to control the debt (most want it controlled, but they better not touch their entitment programs or they will inform you that you hate the poor, minorities, old people, or whatever - this goes for both sides of the aisle).
Shit needs to change, and change ASAP or we are in a world of hurt. Love that Ryan is willing to go out there and lay it all out.
"We're talking about shrinking the Federal workforce by 10% over the next three years through attrition, pay freezes in the Federal workforce," he explained to Beck. "We're talking about cutting discretionary spending on government agencies below 2008 levels. We're talking about entitlement reform, block granting Medicaid to the states, and doing welfare reform 2.0 which is food stamps, housing programs."
We want to "get people into a system where they don't become complacent and dependent upon government," he added.
According to analysis done by the Heritage Foundation, he said, the new plan "kicks out about a million new jobs next year alone, brings unemployment rate down to 4% by 2015, and producing about 2.5 million new jobs by the end of the decade, a thousand dollars in extra family income...a year, and $1.1 trillion in higher wages, and $1.5 trillion in faster economic growth."