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President Obama on Tuesday denounced the House Republicans' recently-revealed budget plan, saying it would hurt America's working families and seniors. Tuesday's speech was the president's most thorough and direct public reaction to the plan House Budget Chairman Paul Ryan, R-Wis., unveiled March 20. The president, speaking at an Associated Press luncheon attended by editors and publishers, chided congressional Republicans as well as Mitt Romney and "most" of the GOP presidential field for backing the plan.
The proposed cuts, Obama said, amount to "thinly veiled social Darwinism."
"Instead of moderating their views even slightly, Republicans running Congress right now have doubled down," Obama said, adding that he believes the proposal is "so far to the right, it makes the Contract with America look like the New Deal."
He also knocked Republicans' belief in a trickle-down economy—where economic activity of the wealthiest Americans is relied on to boost the overall economy.
"Reagan could not get through a Republican primary today," he said during the question and answer session.
Obama offers extreme socialism in a nation that is sick of extremes.
We reject the broken politics of the past. The American people deserve real solutions and honest leadership. That’s what we’re delivering with our budget, The Path to Prosperity. House Republicans are advancing a plan of action for American renewal.
Our budget:
Cuts government spending to protect hardworking taxpayers;
Tackles the drivers of our debt, so our troops don’t pay the price for Washington’s failure to take action;
Restores economic freedom and ensures a level playing field for all by putting an end to special-interest favoritism and corporate welfare
Reverses the President’s policies that drive up gas prices, and instead promotes an all-of the-above strategy for unlocking American energy production to help lower costs, create jobs, and reduce dependence on foreign oil.
Strengthens health and retirement security by taking power away from government bureaucrats and empowering patients instead with control over their own care;
Reforms our broken tax code to spur job creation and economic opportunity by lowering rates, closing loopholes, and putting hardworking taxpayers ahead of special interests.
The amounts of revenues and spending to be used in these calculations for 2012 through 2022 were provided by Chairman Ryan and his staff. The amounts for 2023 through 2050 were calculated by CBO on the basis of growth rates, percentages of gross domestic product (GDP), or other formulas specified by Chairman Ryan and his staff. For all years, the Chairman specified that there would be no spending for subsidies to purchase health insurance through new exchanges established under the Affordable Care Act. CBO calculates that, under the specified paths, federal revenues and spending would evolve as follows:
■ Revenues—from 15½ percent of GDP in 2011 to 19 percent in both 2030 and 2050;
■ Medicare—from 3¼ percent of GDP in 2011 to 4¼ percent in 2030 and 4¾ percent in 2050;
■ Medicaid and the Children’s Health Insurance Program (CHIP)—from 2 percent of GDP in 2011 to 1¼ percent in 2030 and 1 percent in 2050;
■ Social Security—from 4¾ percent of GDP in 2011 to 6 percent in both 2030 and 2050; and
■ Other mandatory spending and all discretionary spending—from 12½ percent of GDP in 2011 to 5¾ percent in 2030 and 3¾ percent in 2050.
Originally posted by RealSpoke
reply to post by Wrabbit2000
What socialism? I guess I missed it.
I'm starting to think that very few on ATS know what socialism/communism/fascism is.
edit on 3-4-2012 by RealSpoke because: (no reason given)
The Senate’s chief referee has issued a key ruling against Majority Leader Harry Reid, POLITICO has learned — a move expected to bring unwanted election-year pressure on the Nevada Democrat to act on politically dicey budget bills.
Newly appointed Parliamentarian Elizabeth MacDonough, whom Reid recommended for the job, has decided that last summer’s deal on the debt ceiling and spending caps does not preclude the Senate from taking up other budget resolutions this year. The ruling could force vulnerable Democrats to cast tough votes that hurt them in November, a situation Reid and other leaders are eager to avoid as they work to protect their fragile majority.
The written opinion, shared late last week with a handful of Democratic and GOP senators, gives Republicans significantly more leverage to push for votes on budgets of their choosing. It could mean roll calls on Rep. Paul Ryan’s House-passed GOP budget plan and others offered by Sens. Pat Toomey (R-Pa.) and Rand Paul (R-Ky.). Democrats would gladly vote down the Ryan blueprint, which Obama described Tuesday as a “radical” vision that guts funding for Medicare and education.
Harry Reid loses procedural ruling on budget vote
Originally posted by RealSpoke
reply to post by Wrabbit2000
Obamacare is not socialist at all. It requires everyone to purchase PRIVATE healthcare. If you knew what socialism was, you wouldn't call it socialist.
A socialist would be extremely opposed to Obamacare because it allows for corporate tyranny. This has nothing to do with schematics you are just incredibly wrong. It's like calling public housing a Ron Paul style Libertarian idea.edit on 3-4-2012 by RealSpoke because: his has
Originally posted by DarkKnight76
reply to post by Wrabbit2000
So no examples, just ranting. Typical.
Originally posted by DarkKnight76
reply to post by jibeho
If more politicians on the right would actually take responsibility for their failures, and acknowledge ideas of their's that don't work, there would be no blame game.edit on 3-4-2012 by DarkKnight76 because: (no reason given)
Originally posted by FlyersFan
Obama turned his rhetoric on Paul Ryan because Paul Ryan looks like a GOP contender for a Secretary seat with the Romney administration (if there is one). POTUS Romney. VPOTUS Christy. And Paul Ryan in finance. I wouldn't doubt it at all.