Ryan Rides To The Rescue With Realistic Budget Plan
IBD Editorials ^ | April 5, 2011 | ERNEST S. CHRISTIAN AND GARY A. ROBBINS
It's jump ball on the federal budget — and America's future is up for grabs.
Although often cast in numerical terms involving trillions of dollars, the real budget battle is about human dignity, freedom and progress. Can we preserve these and other bedrock characteristics of American civilization? Or will they and we be dragged down by mindless fiscal excesses in Washington?
The two most immediate protagonists in this historic budget drama are President Obama, the likely villain, and Paul Ryan, the Republican chairman of the House Budget Committee, the emerging hero.
Obama holds the modern record for the biggest debt and deficits in the shortest time and is sub rosa heading America toward the biggest tax hikes in history.
In opposition to Obama's road to ruin, Ryan has unveiled a high-minded "Path to Prosperity" by which America can escape the spend-debt-tax trap set by Obama before it's finally and fatally sprung.
Obama governs on a zero-sum basis, pitting Americans against each other, in the apparent belief that the only way for anyone to be better off is for government to make other people worse off.
The Republican budget is designed to make everyone better off. Cut taxes, cut spending, induce jobs and income growth, repeal ObamaCare, rescue Medicare, protect seniors and enable young Americans to create a new golden age of freedom and prosperity in the 21st century. And this is just for starters. Wait until 2013 for the best stuff.
Seniors Protected
The "win-win" Ryan-Rivlin proposal saves Medicare from financial collapse while at the same time allowing existing senior Americans (those now 55 and older) the option to continue with present Medicare.
(Excerpt) Read more at investors.com ...
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