Saturday, March 13, 2010

Tea Partiers Should Get Serious | Gene Healy | Cato Institute: Commentary

Tea Partiers Should Get Serious | Gene Healy | Cato Institute: Commentary: "Rail against earmarks, foreign aid and 'welfare queens' to your heart's content. But all that comes to a rounding error in a $3.7 trillion federal budget, over 75 percent of which consists of defense and entitlements.

To his credit, Rep. Paul Ryan, R-Wis., ranking member on the House Budget Committee, has proposed a 'Roadmap for America's Future' that makes serious cuts: $650 billion over the next decade — for starters. After raising the retirement age, voucherizing Medicare and reforming the tax system, Ryan's plan would eliminate the long-term deficit, according to the Congressional Budget Office."

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