... because I'm telling you, Paul Ryan must be reading this site.
Literally, within days of F. Ryan posting his bit about being unhappy with the GOP budget cuts, Rep. Paul Ryan (R, WI) has submitted his budget for the next year, and it has more than $4 trillion cut out of it, or roughly 33% less than what Obama was planning on for the next year's deficit spending.
It's never going to get past the Senate, of course... but what it will do is force the issue front-and-center on the Dems and bring the budget debate right back into the limelight coming into the opening rounds of the 2012 election cycle.
Ryan's budget includes a return to the 25% top tax bracket (down from the Dem's 35%) for the average Joe... and a 25% top tax bracket for corporate taxes, too (which the Dems had at just under 50%). This cut will keep revenues at very nearly the exact level they are at now... mainly by not waiting for the Feds to pump money BACK into the economy by leaving that same money in the hands and pockets of the people that earn it (namely ME AND YOU). In addition, roughly $1 trillion NEW dollars will be taxable by the Feds through the corporate tax rates because the lower rate will make keeping corporate funds INSIDE the US much more viable, rather than keeping it offshore (in places like Tripoli, Columbia, Venesuala, or Singapore).
THIS is solid, conservative planning and execution. THIS is coming to the table with a plan, and making that plan available to anyone that wants to see it.
Damn, I like this Paul Ryan guy...
Sunday, April 3, 2011
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