that GOP budget is a a joke. First of all, it is highly contradictory. It attacks the Obama's budget because it will "increase taxes," while proposing "cost sharing" readjustments. And, of course, no numbers are included again, other than "projections" that are never explained. They don't say how much they will adjust the "cost sharing" part of medicare, for example.
In fact, other than mystical projections, it includes nothing of substance. They propose to cut taxes, increase spending on defense, medicare, medicaid, and veteran's benefits.
Now, how will they pay for all of that? They will pay for all of that with even rosier GDP predictions.
That is basically it. Their budget is "if we cut taxes again, the economy will grow so much faster that we can pay for everything, and the only things we would need to cut are SS benefits of the richer, but only starting in 2036, and including an unspecified cost sharing measure to medicare part d"
Im sure some of the more gullible republicans will love it, as it achieves the mythical dream of paying for more with less taxes. But the exact same problem of the Obama budget is simply compounded here. Obama pays for a lot of his stuff with rosy predictions, the GOP decided to predict an even faster recovery and future growth to pay for things.
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