Posts tagged ‘Paul Ryan’

February 7, 2014

Watch GOP contradict itself on CBO Report, Job-Lock & Obamacare [Video]

Mitch McConnell Hostage to FactsI just cannot keep myself from stepping once again into the wading pool of American politics any longer, at least not when it comes to this renewed tirade of Obamacare misinformation.

On Wednesday we bore witness to the release of the CBO’s report on the economy which included an appendix on the effect the Affordable Care Act is predicted to have on the economy. Unsurprisingly, ACA opponents fell all over themselves to report that the CBO had vindicated their “Obamacare is a Job Killer” talking points. However, it takes a bit more than copy and pasting

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March 15, 2013

What’s truly wrong with the Ryan Budget

Paul RyanBy , The Washington Post

The tax plan embedded in the House Republican budget would cut taxes by $5.7 trillion over the next decade, with the benefits flowing disproportionately to very wealthy households, according to a new analysis by the nonpartisan Tax Policy Center.

Taxpayers earning more than $1 million a year would benefit the most from the GOP tax plan, the analysis shows, reaping an average $400,000 tax break that would send their after-tax income soaring by nearly 20 percent.

Meanwhile, taxpayers earning between $40,000 and $50,000 a year —

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August 2, 2012

The Daily Scoop: Paul Ryan’s Budget Challenged to Show how it’ll Lower Health Care Costs

Rep. Paul Ryan’s (R-WI) proposals to control health care spending by slashing the federal government’s contribution to Medicare and Medicaid and shifting that spending on to future retirees or the states, has dominated Washington’s conversation about entitlement reform.

But on Thursday morning, a group of health care economists and former Obama administration officials laid out an alternative approach that could achieve health savings by encouraging providers to deliver care more efficiently.

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May 23, 2012

The Daily Scoop: Romney promises 6% unemployment

During an interview with Time magazine Mitt Romney promised to reduce the unemployment rate to 6% within his first term as president. Let the celebrations begin! But wait… there may be a catch here. According to economic forecasts the current rate of growth already projects the unemployment rate will fall to 7% by 2015 and 5.5% by 2017. So Romney may well be correct, by the end of his first term in office (should he prevail) unemployment would drop to the level he promised. The one point he omits is he would have little to do to keep this campaign promise except to leave Obama’s economic policies intact. 

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May 8, 2012

Daily Scoop Xtra: Ryan Budget May Cut Economic Data

Starting in the early 1990s, the U.S. Census Bureau asked Congress for extra funding each year so it could better analyze the services sector, which was quickly replacing industrial activity as the biggest driver of the U.S. economy. In 2003 the bureau requested more funding to survey financial, real estate, and other companies on a quarterly basis, rather than wait to take their pulse with its Economic Census, which gathers data on business every five years.

Every year, Census asked for the extra funds; every year, Congress denied them the money, leaving the Census Bureau largely blind to the health of a sector that made up more than half the total economy.

Finally, in early 2009, after the real estate-fueled financial crisis, Congress gave Census what it had been asking for—an extra $8.1 million. In the view of many, it was too late.

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April 24, 2012

Europe’s Woes Prove GOP Wrong

Anyone frustrated with the drawn out economic recovery here in the US should cast a gaze across the Atlantic for a view of how it could have been. In the European Union we have a unique opportunity to catch a glimpse of where this country would be had we chosen the path of severe spending cuts rather than a road stabilized by economic stimulus. 

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February 1, 2012

The Daily Scoop: Medicare Seen as Battleground Issue in Congressional Races

WASHINGTON — A Republican plan to remake Medicare, set forth in a budget blueprint devised by Representative Paul D. Ryan, has largely faded from public view. But it is about to come back in a big way as Democrats try to win control of the House by battering Republicans over Medicare in Congressional races around the country.

House Republicans voted overwhelmingly last year for the “Ryan budget,” which would give Medicare beneficiaries a fixed amount of money to buy coverage from competing private health plans.

Democrats are using the Medicare issue to attack Republicans, just as Republicans used it to beat Democrats two years ago.
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