Later this week, Republicans will present their “2012 budget proposal that would cut more than $4 trillion from federal spending projected over the next decade and transform the Medicare health program for the elderly“:
The budget has been prepared by Rep. Paul Ryan, a Wisconsin Republican and the new chairman of the House Budget Committee, and it represents the most complete attempt so far by Republicans to make good on their promises during the 2010 midterm elections to cut government spending and deficits.
Though Rep. Ryan based the Medicare portion of his budget on a previous plan created in collaboration with a Democrat, Alice Rivlin, a senior fellow at the Brookings Institution and long-time budget expert, the current plan isn’t likely to get much Democratic support. Instead, it will set up a broad debate over spending and the role of government heading into the 2012 general election.
While Rivlin has some quibbles with the current plan, she generally backs it, reminding her fellow partisans that “What Democrats have to realize is we have to do something”. But, Ryan fears that “Democrats will use his budget as a ‘political weapon,’ . . . that they will have to ‘lie and demagogue to make it a weapon against us.'” Given their recent rhetoric, the Wisconsin Republican has good reason to be concerned.
Meanwhile, instead of offering a plan of their own, “Democratic leaders are waiting to gauge the public reaction to Ryan’s plan, which would reduce projected federal spending by more than $4 trillion over the next decade“. While it’s likely, they’ll offer an alternative, Rep. Chris Van Hollen (Md.), the senior Democrat on the budget panel remains “undecided.”
Over at the American Spectator, Joseph Lawler says its “Time to Pre-But Falsehoods About Paul Ryan’s Budget.”
Kudos to Ryan and his GOP team for making a serious effort to hold the line on federal spending — in line with Barack Obama’s promises as a candidate and rhetoric as president.
UPDATE: Ryan, Steven Hayward writes, touting the Wisconsin Republican as a presidential candidate,
. . . wants to have an adult conversation with America about the looming insolvency of the welfare state, and he has a serious plan to fix it. Like Kemp, lots of careerists in the GOP will head for the tall grass when the going gets tough, which I predict will begin on Tuesday afternoon, after Ryan lays out his budget proposal in more detail at a speech at my office, the American Enterprise Institute. (I’m going to be on a plane at the time and will have to miss it, but you can watch the webcast.) Ryan gave a preview of his plan yesterday on Fox News Sunday.
Read the whole thing.