Sunday, July 17, 2016
A couple of weeks ago Paul Ryan, the speaker of the House, sort of laid out both a health care plan and a tax plan. I say sort of, because there weren’t enough details in either case to do any kind of quantitative analysis. But it was clear that Mr. Ryan’s latest proposals had the same general shape as every other proposal he’s released: huge tax cuts for the wealthy combined with savage but smaller cuts in aid to the poor, and the claim that all of this would somehow reduce the budget deficit thanks to unspecified additional measures.
Given everything else that’s going on, this latest installment of Ryanomics attracted little attention. One group that did notice, however, was Fix the Debt, a nonpartisan deficit-scold group that used to have substantial influence in Washington.
Posted by Dictynna at 6:05 PM