Tuesday, August 14, 2012

Paul Ryan's Budget Increases Deficit

Paul Ryan was announced as the vice-president pick for Mitt Romney.  Many see Paul Ryan as a fiscal conservative, yet his proposed budget increases taxes & spending while increasing the deficit.  Slowing down the rate of spending does not reduce spending, it reduces the rate of increase in spending.  Paul Ryan is not a fiscal conservative.

Ryan budget plan doesn't actually slash the budget
Here are a few little-known facts about Paul Ryan's supposedly slash-and-burn budget plan.
  • Government spending increases almost every year over the next decade. 
  • Tax and other revenue rises year after year.    
  • The 10-year deficit is still $3 trillion.