Wednesday, March 21, 2012

Paul Ryan would eliminate the non-health care, non-military, non-social security federal government: http://t.co/j5pwh6t9

"Ezra Klein wrote a smart post yesterday detailing what he terms "unrealistic assumptions" lurking in Paul Ryan's budget proposal. Calling them assumptions seems like a mistake to me. Ryan is offering a policy proposal. To assume the proposal will pass into law is unrealistic as such, but if it did pass the law of the land would be what it is. The key thing here is that under Ryan's plan the entire nonmilitary non-Social Security non-Medicare non-Medicaid federal government would have to get by on 3.75 percent of GDP. That's not an "assumption" it would be, rather, a legislative requirement that's binding on federal appropriators."

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