Paul Ryan To Present Old Budget Plans Anew

He says his plan, much like the ones he’s offered in the past, balances the budget in ten years.

While Ryan has said the budget will be similar to the ones he offered in 2011 and 2012, he is presenting his proposal at a much different political moment.

He hopes to sell the budget to his colleagues and the public as responsible, but not overly austere.

Buoyed by the reelection of President Obama, Democrats will argue that voters have already rejected both Ryan, the Republican vice presidential nominee in the 2012 race, and his ideas.

And although Ryan has won the enthusiastic support of conservatives for proposing to eliminate the federal deficit within 10 years, he is doing so with the help of Obama policies that Republicans detest.

The budget baseline that Ryan has used includes more than $600 billion in new tax revenues from January’s “fiscal cliff” deal. His resolution will also incorporate $700 billion in Medicare savings from the 2010 healthcare reform law that he campaigned against as Mitt Romney’s running mate last fall.

By: Alan

Alan Colmes is the publisher of Liberaland.