April 4, 2011

On Wisconsin congressman Paul Ryan's new budget blueprint.


I talked to Congressman Paul Ryan on the phone this morning. He is going to announce a major budget blueprint, a ten-year budget blueprint tomorrow, and folks, it's wonderful... substantively it is superb. Politically, it's brilliant. They are going to throw so many balls in the air at the Democrats that the Democrats are not gonna know which ones to focus on and try to defeat. First, it's a tough budget – you've probably heard four trillion dollars in cuts, over ten years. It might end up being more than that. It is a growth-oriented budget, it doesn't feature a lot of tax increases... basically it's going to freeze spending levels at 2008 levels... it's exactly what the election of last November was all about.