Sen Coburn admits there are no spending cuts in debt deal law for 2012
Actually, there are no spending cuts at all, ever, period
This chart shows why federal spending never goes down under any plan.
The Ryan plan boasts $6.2 trillion in savings over 10 years. So that takes the projected national debt in 2021 from about $28 trillion all the way down to $22 trillion.
So we get a $22 trillion debt under the Ryan Plan . . . 10 years from now — instead of the $28 trillion debt Obama wants to give us.
Doesn’t sound like much of a plan to me.
And this is Paul Ryan’s chart.
So there’s really not a whole lot of difference between the Ryan budget plan and Obama’s spendaholism. Yet Dems, such as Nancy Pelosi and Joe Biden, call Ryan’s plan economic terrorism against the elderly and the poor.
The best we can say about the Ryan plan is that it’s a little bit less worse than the Obama budget.
So . . . not so good.
I like Paul Ryan. He’s a really smart dude. But we can do better than this.
Back to the drawing board.
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[...] Sen Coburn says there are no spending cuts in debt deal law for 2012 . . . or any year after …. There are no spending cuts ever, period, end of story. Zip, zero, nada. Here's the chart that [...]