It’s April Fools! as the GOP marches out their “Fudget” Proposal..

Photo by Driftglass

The GOP’s Alternative Budget - by Rep. Paul Ryan of Wisconsin (published in the WSJ)

Steve Benen of The Washington Monthly breaks it down:

In a nutshell, Ryan proposes a massive tax cut, totaling, by some estimates, around $4 trillion — on top of the Bush/Cheney cuts, which would remain place. The Republicans plan would voucherize Medicare, and, best of all, impose a five-year spending freeze on non-defense discretionary spending (which is, of course, completely insane).

Kenneth Baer, the OMB communications director, said this morning, “If you expected a GOP alternative to the failed policies of the past that got our country into the worst economic crisis since the Great Depression, then I have two words for you: April Fool’s.”

Based on Ryan’s vision, the stimulus package would be gone. Funding for education, healthcare, the environment, infrastructure, law enforcement, and medical research would all be slashed, while the wealthiest Americans are rewarded with massive new tax cuts.

It’s almost as if Ryan and his Republican colleagues are trying to destroy the economy. As Pat Garofalo recently explained, “The economic stimulus package’s main purpose is to close the GDP gap and jumpstart the economy by spurring spending by households, government and the private sector. A spending freeze would act as an ‘anti-stimulus,’ cutting spending precisely when it’s too low and the economy is moving too slowly.”

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2 thoughts on “It’s April Fools! as the GOP marches out their “Fudget” Proposal..

  1. I don’t know any nice way to say this, but Fuck the Rich and their Goddamn Fucking tax Cuts!

    The rich do not spend the money they get from having their taxes cut. They simply save it or pass it on to their grandchildren. It doesn’t stimulate the economy in any real sense. (Yes, theoretically, if they invest it, it will eventually help out a business. Just one.) Tax cuts for the wealthy do not stimulate the economy nearly as much as expanded unemployment benefits or Medicaid.

    Fuck the rich, and fuck the Republicans who try so desperately to give them more of our money.

  2. Every time I read about the repug tax cuts, or every time I read about Mike Steele’s latest foolishness, or every time I even think about these morons, it reminds me of an old song, the revised lyrics being something like: “We were ass deep in the Big Muddy, and the Captain said “March On, Boys, March On.”

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