Paul Ryan Balances New Budget By Embracing Obama Policies

[Lakhota]

By Igor Volsky and Pat Garofalo

Throughout the 2012 presidential campaign, Rep. Paul Ryan (R-WI) railed against the Medicare savings included in the Affordable Care Act, campaigned against President Obama’s desire to increase marginal tax rates on the very wealthy, and promised that a Romney administration would offset the looming sequester.

But next week, just four months after losing the November election, Ryan plans to unveil a budget that incorporates many of the policies he campaigned against, since the very changes he opposed as a vice presidential candidate can now help him reach his goal of balancing the budget in 10 years — and go a long way towards reducing the deficit:

1. Savings from Obamacare.

2. War savings.

3. Revenue from the fiscal cliff deal.

Ryan’s budget is also expected to include savings from the so-called sequester, which Ryan voted for but later opposed. During the presidential campaign, he claimed that its defense cuts are “devastating,” though after losing admitted, “that $1.2 trillion in spending cuts, we can’t lose those spending cuts. “

DETAILS (w/Supporting Links): Paul Ryan Balances New Budget By Embracing Obama Policies

 

[Lakhota]

Thank you, President Obama.

 

[Stephanie]

Well if thinkprogress says so

sick people thanking a politician

 

[jwoodie]

Paul Ryan is against "war savings?"

 

[Greenbeard]

Sounds like he reads the news:

Also, Mr. Ryan offered tempered praise for the cuts to Medicare that helped finance the Affordable Care Act, cuts that he denounced as his party’s vice-presidential nominee but that will help him avoid subjecting people older than 55 to his Medicare changes. “Because of Obamacare, you have — for a moment in time — lower Medicare spending rates,” he said.

With higher taxes, Medicare cuts and an unexpected slowdown in health care spending, budget experts say the House budget needs only about $100 billion in additional cuts toward the end of the decade.

Ingrate!

 

[Avatar4321]

Savings from Obamacare? We truly are delusional when people start pretending a program that costs money saves money. And if Ryan thinks that there are savings from Obamacare, which I highly doubt, then he is absolutely wrong as well.

 

[JakeStarkey]

Savings from Obamacare? We truly are delusional when people start pretending a program that costs money saves money. And if Ryan thinks that there are savings from Obamacare, which I highly doubt, then he is absolutely wrong as well.

You may be right, but I don't see any number crunching from you, either.

 

[The Breeze]

Obamacare savings? Really?

 

[uscitizen]

Rand Paul Ryan?

 

[Greenbeard]

Savings from Obamacare? We truly are delusional when people start pretending a program that costs money saves money. And if Ryan thinks that there are savings from Obamacare, which I highly doubt, then he is absolutely wrong as well.

I hate to break it to you, skippy, but Medicare's now experiencing the lowest per capita spending growth in the history of the program.

Of course, it's not just them. The entire economy is now seeing health spending growth fall. To the point that the CBO has had to revise their Medicare and Medicaid spending growth projections downward every time they've updated their budget projections over the past four years.

The Recent Changes in CBO’s Baseline Reflect Trends That Have Developed Over the Past Few Years

In recent years, health care spending has grown much more slowly both nationally and for federal programs than historical rates would have indicated. For example, in 2012, federal spending for Medicare and Medicaid was about 5 percent below the amount that CBO had projected in March 2010.

In response to that slowdown, over the past several years CBO has made a series of downward adjustments to its projections of spending for Medicaid and Medicare. For example, from the March 2010 baseline to the current baseline, technical revisions—mostly reflecting the slower growth in the programs’ spending in recent years—have lowered CBO’s estimates of federal spending for the two programs in 2020 by about $200 billion—by $126 billion for Medicare and by $78 billion for Medicaid, or by roughly 15 percent for each program.

How much has been saved?

• When Obama took office in 2009, the CBO thought Medicare would cost $963 billion by the end of the decade, 2019.
• In their projections last month, they now expect Medicare to cost $811 billion in 2019.

Total savings of $152 billion in a single year. Which just happens to be more than the total net cost of the ACA that year.

Even Ryan isn't stupid enough to try and undo that.

 

[Zoom-boing]

Is this the same Paul Ryan that voted yes on Medicare Part D, who voted yes on TARP, who voted yes on auto bailouts, who voted yes on the bill that included the 'bridge to nowhere', who voted yes on the Patriot Act and creating Homeland Security? That Paul Ryan?

Or some other Paul Ryan who is truly a conservative and votes accordingly?

Obamacare will end up not doing what it was intended to do in a cost effective/savings manner (it won't, just look at Medicare projected costs vs. reality, this will follow suit) and uncle will cry 'Look! It just isn't working. What difference - at this point - does it make that we should have done it right the first time? National healthcare run by the government is the only fix'.

 

[Stephanie]

take thinkprogess with a grain of salt folks

I'll WAIT until we see what he proposes

 

[JakeStarkey]

Come on, reactionaries, let's see your number crunching to support your opinions.

Ryan has abandoned you.

 

[Zoom-boing]

Come on, reactionaries, let's see your number crunching to support your opinions.

Ryan has abandoned you.

No he hasn't., he was never with us. He's an opportunistic conservative, like Mitt. Like a lot of them.

Talk is cheap, it's what you do that counts.

 

[Mr. Shaman]

take thinkprogess with a grain of salt folks

I'll WAIT until we see what he proposes

March 12, 2013

Obama's $1.3 Trillion Budget Gift To Paul Ryan​

"On Tuesday morning, House Budget Committee chairman Paul Ryan of Wisconsin unveiled his much-anticipated new budget. Its snazzy new feature: Ryan’s plan balances within 10 years, whereas his last budget didn’t balance until 2038. How does Ryan accomplish this? Well, he still makes deep spending cuts—including to entitlement programs such as Medicare. But his real secret is that he got a huge gift from President Obama. Ryan’s new budget keeps two huge chunks of deficit reduction that Obama pushed for, but which most Republicans adamantly opposed: the $716 billion cuts to Medicare providers included in the Patient Protection and Affordable Care Act (aka”Obamacare”) and the $624 billion in new tax revenue from the American Taxpayer Relief Act (aka “the fiscal cliff deal”). Combined, that’s $1.34 trillion in savings, which makes balancing a budget much easier."

. . . . . . . ​

 

[theHawk]

By Igor Volsky and Pat Garofalo

Throughout the 2012 presidential campaign, Rep. Paul Ryan (R-WI) railed against the Medicare savings included in the Affordable Care Act, campaigned against President Obama’s desire to increase marginal tax rates on the very wealthy, and promised that a Romney administration would offset the looming sequester.

But next week, just four months after losing the November election, Ryan plans to unveil a budget that incorporates many of the policies he campaigned against, since the very changes he opposed as a vice presidential candidate can now help him reach his goal of balancing the budget in 10 years — and go a long way towards reducing the deficit:

1. Savings from Obamacare.

2. War savings.

3. Revenue from the fiscal cliff deal.

Ryan’s budget is also expected to include savings from the so-called sequester, which Ryan voted for but later opposed. During the presidential campaign, he claimed that its defense cuts are “devastating,” though after losing admitted, “that $1.2 trillion in spending cuts, we can’t lose those spending cuts. “

DETAILS (w/Supporting Links): Paul Ryan Balances New Budget By Embracing Obama Policies

Glad to hear you're embrassing the Ryan plan.

 

[DiamondDave]

stinkprogress assumptions and 'facts'... LOL... no.. I will wait for truthful reporting

 

[Mr. Shaman]

By Igor Volsky and Pat Garofalo

Throughout the 2012 presidential campaign, Rep. Paul Ryan (R-WI) railed against the Medicare savings included in the Affordable Care Act, campaigned against President Obama’s desire to increase marginal tax rates on the very wealthy, and promised that a Romney administration would offset the looming sequester.

But next week, just four months after losing the November election, Ryan plans to unveil a budget that incorporates many of the policies he campaigned against, since the very changes he opposed as a vice presidential candidate can now help him reach his goal of balancing the budget in 10 years — and go a long way towards reducing the deficit:

1. Savings from Obamacare.

2. War savings.

3. Revenue from the fiscal cliff deal.

Ryan’s budget is also expected to include savings from the so-called sequester, which Ryan voted for but later opposed. During the presidential campaign, he claimed that its defense cuts are “devastating,” though after losing admitted, “that $1.2 trillion in spending cuts, we can’t lose those spending cuts. “

DETAILS (w/Supporting Links): Paul Ryan Balances New Budget By Embracing Obama Policies

Glad to hear you're embrassing the Ryan plan.

Glad to see you're e-m-b-r-a-c-i-n-g TAX-INCREASES!!!!!

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[Mr. Shaman]

March 12, 2013

Will Ryan Budget Derail RNC Rebranding Effort?​

"....Ryan's budget will just reiterate the messages that cost the GOP elections in 2012, thereby handing Democrats infinite opportunities to "hold Republicans accountable - in the air, on the ground, in the mail, and online."

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. . . . . . . . . ​

 

[Political Junky]

stinkprogress assumptions and 'facts'... LOL... no.. I will wait for truthful reporting

Here's one more source.

Paul Ryan?s budget keeps Obama?s Medicare cuts. Full stop.

Since the Romney campaign wants to run against President Obama’s cuts to Medicare, it’s something of a problem for them that Paul Ryan’s budget includes those very same cuts to Medicare. And so they’ve come up with a somewhat confused and confusing argument to distinguish the two plans.