Great article on the GOP Budget Madness from AlterNet…
I just hope the electorate is paying attention next year and not fooled by the usual Republican Smoke and Mirrors Campaign that hides their true agenda…
It’s going to be kind of hard to run and hide from this one, though….
At first blush, it’s difficult to grasp why all but four Republicans in the House would go on record endorsing a budget plan that would cost the economy millions of jobs, effectively end Medicare and result in deep cuts to Social Security, roll back new regulations on Wall Street and raise taxes on the middle class while slashing the rates paid by big business and the wealthy. It’s especially tough to understand given that we’re entering the 2012 campaign season, and their budget has no chance of becoming law.
But that’s what happened last week when the GOP-controlled House passed a budget outline based on the radical plan hatched by Paul Ryan, R-Wisconsin.
A poll conducted last week found that, “when voters learn almost anything about [the Ryan plan], they turn sharply and intensely against it.” And why wouldn’t they? According to an analysis by the non-partisan Center for Budget and Policy Priorities (CBPP), the Republicans’ “roadmap” would “end most of government other than Social Security, health care, and defense by 2050,” while providing the “largest tax cuts in history” for the wealthy.
Not wealthy yourself? Well that’s too bad, because the plan would also “place a new consumption tax on most goods and services, a measure that would increase taxes on most low- and middle-income families.” According to the Tax Policy Center, about three-quarters of Americans — people who earn between $20,000 and $200,000 per year — would face tax increases if the GOP’s scheme became law.