What's Wrong with Paul Ryan?
In case you’re having trouble remembering just how bad for working families the budget plan written by vice presidential contender Rep. Paul Ryan (R-Wis.) would be, here’s a handy excerpt from a Top 10 list by the Center for American Progress.
1. It caters to the 1%.
Ryan’s proposed tax cuts for the rich are larger than the windfall they received from former President George W. Bush.
2. It ends Medicare as we know it.
The budget would move toward a privatization of Medicare…and anyone new to the Medicare program could see costs rise by nearly $6,000 by 2050.
3. It eliminates the health care safety net.
The budget would cost 47 million people their health insurance benefits over the next decade.
4. It increases unemployment.
The House budget seeks to balance the deficit on the backs of unemployed Americans, whose ranks would increase under the plan.
5. It threatens our economic competitiveness.
The plan slashes $871 billion from government investments in education, job training, scientific research and transportation infrastructure over the next decade.
6. It showers money on Big Oil.
The budget would continue to shower oil companies with $40 billion in tax breaks over 10 years.
7. It devastates Social Security.
The House budget would cut Social Security benefits for most recipients, while giving the wealthy a windfall.
8. It shortchanges K–12 education.
The budget proposal lumps spending on education, social programs and training into a category targeted with a 20 percent cut.
9. It shortchanges higher education.
Low-income and middle-class students…may find it harder to get financial aid: The budget proposes big cuts to the Pell Grant program.
10. It ignores the wishes of the American people.
About two-thirds of Americans think the rich should pay higher taxes. And 70 percent believe Medicare should continue operating as it does currently….The plan ignores the will of the people, favoring the wealthy while ending Medicare as we know it.


