I have a lot going on in my real (mom) life over the next few days, so I won’t be posting for awhile. I won’t even be able to moderate comments for at least the next couple days. No family emergency–just busy. (And no, this is not at all related to Charlie Rangel’s leave of absence from his Ways and Means chairmanship…)
Keep up the comments without me. (I know a few of you will.)
Oh — here’s a good post by Bruce Bartlett critiquing the idea a couple of House Republicans have for reining in spending. That is quite a contrast to Paul Ryan’s approach, which although (I believe) unrealistic, is still brutally honest. Steny Hoyer gave the proposal and its author some credit the other day when he said:
It’s also clear to me that if the commission takes a one-handed approach, it will fail, both politically and substantively. Congressman Ryan’s thoughtful budget proposal shows what an approach looks like when it relies entirely on cutting spending. He should be commended for putting together a serious and detailed plan to tackle the deficit. It doesn’t raise a single tax. But as a consequence, it significantly changes Medicare.
That strikes me, as I think it would strike most Americans, as very much the wrong solution. But Congressman Ryan deserves respect for his honesty—for being one of the few members of his party, or of either party, to tell the public exactly what he’d cut. That’s far better than pretending that the solution to higher deficits is simply lower taxes and wishful thinking. In fact, as much as his party’s leadership tries to distance itself from his plan, Paul Ryan’s program, or something very much like it, is the logical outcome of the Republican rhetoric of cutting taxes and deficits at the same time.