House Budget Chairman Rep. Paul Ryan (R-WI) has produced another budget proposal, which unbelievably is worse than his previous one. Ryan proposes to shut down the entire federal government permanently except for the Department of Defense, which gets an increase (despite the fact U.S. military spending exceeds that of every other nation put together, including our allies).
Ryan’s plan would give wealthiest Americans an average tax cut of at least $150,000 a year, increasing our National Debt, while eliminating the safety net that keeps millions of Americans from sinking into poverty.
According to the Center for Budget and Policy Priorities (CBPP) president Robert Greenstein, under Ryan’s plan the federal government (except for the military) would almost cease to exist by 2050.
That includes everything from veterans’ programs to medical and scientific research, highways, education, nearly all programs for low-income families and individuals… national parks, border patrols, protection of food safety and the water supply, law enforcement, and the like.
That’s beyond extreme and draconian. We need a new word for it.
UPDATE: Robert L. Borosage contrasts Ryan’s insane budget plan with the practical alternative offered by the Congressional Progressive Caucus — “A Budget for All.”
UPDATE: FDL’s David Dayen thinks that Ryan 2.0 might have a tough time on the House floor.
UPDATE: Rep. Jason Chaffetz (R-UT) inserted a provision calling for a fire sale of 3.3 million acres of “unneeded” public lands in Arizona, Colorado, Idaho, Montana, Nebraska, Nevada, New Mexico, Oregon, Utah, and Wyoming.
UPDATE: House Passes Ryan Budget 228-191