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.
