It’s been over 1,000 days since Congress has passed a budget. Harry Reid and Senate Democrats tend to take the “assuming a ladder” position on our fiscal health; in doing so, they look insincere. Hopefully, Republicans can exploit their naked politicking to the ballot box come November.
The President released a budget last month that was full of budgetary gimmicks and tax increases. This is becoming something of a recurring trait with this administration. He trashed the Simpson-Bowles Commission’s recommendations, which lead to the debt ceiling fiasco and the creation of a political escape hatch that was the Super Committee (a classic example of political prevarication. ) This was a stark contrast to his 2009 promise to cut the deficit in half by the end of his first term. National Review stipulated that Obama’s real plan is to surreptitiously allow all the tax rates to rise for everyone and funnel the revenue back to Washington to benefit the Democratic Party, its operatives, and its left-wing allies. Big labor is quite hungry nowadays.
Despite the left’s incessant enthusiasm for a “balanced approach” towards balancing the budget, they still don’t seem to understand the basics of our fiscal crisis. They offer little to curb the entitlement spending, the area that will bankrupt us, and its mentality since spreading dependency is their sole agenda. They still push the idea of raising taxes and honoring our commitments to the recipients of the welfare state, which consists of over half of the American population.
Rep. Paul Ryan’s and his budget prove that Republicans, and only Republicans, are taking the reins of leadership and guiding our country away from the financial cliff. It spends $5 trillion less than the Obama budget over the next ten years. It turns Medicare into a premium support-based system that re-injects choice and personal responsibility that will reduce costs. It gets rid of the one-size fits all that has been the harbinger of waste and fraud that has infested the system. It closes loopholes to reduce rates on everyone, making those who usually would not pay taxes, the free lunch leeches, eligible to contribute something to the government.
However, the big enchilada is Medicare. The editors for the National Review put it succinctly:
Last year, he [Ryan] proposed that in the future, the government should defray the cost of whatever coverage plans senior citizens choose, with the amount of the subsidy varying by their age and health risks, and with total spending rising at the rate of inflation. If they choose more expensive plans, they will have to pay more. This year, the budget proposes that instead of rising at a predetermined rate, the size of the subsidy should depend on the results of a bidding process in which insurers in each of Medicare’s administrative regions compete to cover the minimum benefits package at the lowest price. In addition, under Ryan’s new proposal, one of the options seniors would be able to choose would be a traditional fee-for-service plan run by the government.
Choice, competition, and responsibility are being reintroduced and therefore allowing citizens to shop for a plan that meets their medical needs. The free market can curb rising costs if you allow it to work. Moreover, it provides a cornerstone to end “the war on responsibility” that is being peddled by the left in congress.
The budget is not perfect. It doesn’t address Social Security reform and remains conspicuously silent on the loopholes closed and deductions omitted to achieve the low tax rates. Namely, because if Congressman Ryan divulged what was sacrificed, burning effigies could be visible from space. Nevertheless, if offers a great first step in the conservative agenda to end this “war on responsibility,” curb dependency, and reassert the Madisonian vision of limited government that should make George Will weep in adoration.
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