Paul Krugman: What’s In The Ryan Plan?

A number of commenters have asked for a summary of what’s actually in the Ryan plan. So this is a utility post.

The first thing you should know is that there are a couple of vintages of the plan, with some changes in detail, but not in general thrust. As it happens, the best nonpartisan analysis, in my judgment, is the CBO report on the first vintage (pdf); as I said, details change, but the general idea remains the same.