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Republicans also say they would eliminate hundreds of duplicative and wasteful government programs and maintain a ban on pet spending projects by members of Congress that is now in place.
The ambitious plan, drafted principally by Representative Paul D. Ryan, the Wisconsin Republican who chairs the Budget Committee, proposes not only to limit federal spending and reconfigure major federal health programs, but also to rewrite the tax code, cutting the top tax rate for both individuals and corporations to 25 percent from 35 percent, reducing the number of income tax brackets and eliminating what it calls a “burdensome tangle of loopholes.”
I applaud their efforts, but this is a herculean task in and of itself.
Over all, the plan is aimed at returning federal spending levels to below those of 2008, before the economic stimulus and other programs enacted by the Obama administration when it took over. It does adopt at least one element of the president’s program, noting that the document reflects $178 billion in Pentagon savings identified by Defense Secretary Robert Gates and, like his proposal, would reinvest $100 billion in other military priorities while reserving $78 billion for deficit reduction.

Just save the entire $178 billion.
Republicans say their proposal would reduce the size of the federal government to 20 percent of the overall economy by 2015 and 15 percent by 2050 while President Obama’s plan introduced this year would not hold the size of government below 23 percent of economic output.
Cleetus? If this comes even close to being enacted, can you get off your high horse about Republicans not wanting smaller government anymore?
Democrats, however, say the emerging proposal amounts to a conservative ideological manifesto showing that Republicans intend to cut benefits and programs for the nation’s retirees and neediest citizens while protecting corporate America and the wealthiest people from paying their share of taxes. They will be certain to challenge the budget plan and make its bold efforts to reshape Medicare and Medicaid — the health care programs for older Americans and the poor — a theme of their political argument to regain control of the House and hold the White House in 2012.
At some point donks are going to have to realize that entitlement programs can NOT remain untouchable. Just like Republicans are coming to the realization that Defense spending is not.
In the document, Mr. Ryan and his co-authors spread the blame for the nation’s fiscal problems to both Republicans and Democrats, saying “both parties have squandered the public’s trust.”
“The American people ended a unified Republican majority in 2006, just as they ended a unified Democratic majority last fall,” the budgeted noted. “Americans reject leaders who focus on the pursuit of power at the expense of principle. They reject empty promises from a government that cannot live within its means.”
Amen. Amen. Amen.
