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The Wrong Way to Get Rich


Helping the 1%


Hurting the Rest of Us


His Record Speaks Louder Than Words


Doubling Down with Paul Ryan

The Romney-Ryan Budget

Take a look at the budget plan authored by Mitt Romney’s running mate, Rep. Paul Ryan.

  1. The Romney-Ryan Budget Plan Ends Medicare. Medicare would be replaced with an underfunded, privatized voucher program. This system would double costs for seniors and raise the retirement age. Tens of millions of people would lose their health insurance or become underinsured. [Economic Policy Institute, 4/7/11; Center on Budget and Policy Priorities, 4/5/11, 3/21/12; Center for American Progress, 4/12/11]
  2. The Romney-Ryan Budget Does More Than End Medicare. Its cuts would result in 4.1 million jobs lost through 2014. Medicaid would be gutted and block-granted, and investments in education and infrastructure would be slashed. [Economic Policy Institute, 3/21/12; Sun-Sentinel, 4/16/11; Center for American Progress, Issues, 3/20/12]
  3. The Romney-Ryan Budget Would Fast Track Cuts and Changes to Social Security. Ryan also has proposed privatizing Social Security, cutting benefits and raising the retirement age. [The Examiner, 8/12/12; The Huffington Post, 8/11/12]
  4. The Romney-Ryan Budget Would Raise Taxes on the Middle Class While Cutting Taxes for the Wealthy. While the budget “makes permanent all of the Bush tax cuts for high-income households that are slated to expire at the end of 2012, it would not extend the tax cuts for working-poor households that were enacted under President Obama and also are scheduled to expire at the end of this year.” [Center on Budget and Policy Priorities, 3/27/12]
  5. The Romney-Ryan Budgets Would Take Health Coverage from Millions. Thirty million people would be without coverage because the budget would repeal the Affordable Care Act. Another 14 million to 27 million would lose health care because of Medicaid cuts and block-granting. [H.R. 2, Vote 14, 1/19/11]
  6. The Romney-Ryan Budget Is a Disaster for Education. The budget makes deep cuts in public education and would double the interest rate on student loans. [The Washington Post, 8/11/12; The Sun Chronicle (Attleboro, Mass.), 4/9/12]

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