{"id":9140,"date":"2011-04-05T09:48:01","date_gmt":"2011-04-05T13:48:01","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=9140"},"modified":"2011-04-05T12:10:18","modified_gmt":"2011-04-05T16:10:18","slug":"the-ryan-budget-plan","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/9140\/the-ryan-budget-plan\/","title":{"rendered":"The Ryan Budget Plan"},"content":{"rendered":"

Today,\u00a0 Budget Committee Chairman Paul Ryan and the House Republican majority\u00a0are\u00a0introducing\u00a0their much-anticipated 2012 budget plan.\u00a0 The\u00a0bold proposal —\u00a0“The Path to Prosperity”<\/a>\u00a0— is refreshingly comprehensive in addressing the nation’s debt crisis and promoting economic prosperity.\u00a0 According to Congressman Ryan:<\/p>\n

For starters, it cuts $6.2 trillion in spending from the president’s budget over the next 10 years, reduces the debt as a percentage of the economy, and puts the nation on a path to actually pay off our national debt. Our proposal brings federal spending to below 20% of gross domestic product (GDP), consistent with the postwar average, and reduces deficits by $4.4 trillion.<\/p>\n

A study just released by the Heritage Center for Data Analysis projects that The Path to Prosperity will help create nearly one million new private-sector jobs next year, bring the unemployment rate down to 4% by 2015, and result in 2.5 million additional private-sector jobs in the last year of the decade. It spurs economic growth, with $1.5 trillion in additional real GDP over the decade. According to Heritage’s analysis, it would result in $1.1 trillion in higher wages and an average of $1,000 in additional family income each year.<\/p><\/blockquote>\n

Furthermore, Ryan’s budget cuts taxes and strengthens to the social safety net with commonsense reforms to Medicare and Medicaid and by advancing the discussion to sure up Social Security for future generations.<\/p>\n

Simply put, the proposal is a real and comprehensive solution to a\u00a0grave spending and debt crisis that threatens America’s future.\u00a0 Failure to\u00a0act to right the nation’s fiscal ship, and now, is no longer an option.\u00a0 The Path to Prosperity budget deserves serious consideration, not the partisan politics as usual that has already begun.<\/p>\n

Read more details on Ryan’s budget plan here<\/a>.\u00a0 For the complete plan, click here\u00a0(.pdf)<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Today,\u00a0 Budget Committee Chairman Paul Ryan and the House Republican majority\u00a0are\u00a0introducing\u00a0their much-anticipated 2012 budget plan.\u00a0 The\u00a0bold proposal —\u00a0“The Path to Prosperity”\u00a0— is refreshingly comprehensive in addressing the nation’s debt crisis and promoting economic prosperity.\u00a0 According to Congressman Ryan: For starters, it cuts $6.2 trillion in spending from the president’s budget over the next 10 years, […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[70,232,235,455,802,461,61,71,2559],"class_list":["post-9140","post","type-post","status-publish","format-standard","hentry","category-posts","tag-budget","tag-medicaid","tag-medicare","tag-national-debt","tag-paul-ryan","tag-social-security","tag-spending","tag-taxes","tag-the-path-to-prosperity"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/9140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=9140"}],"version-history":[{"count":9,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/9140\/revisions"}],"predecessor-version":[{"id":9149,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/9140\/revisions\/9149"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=9140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=9140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=9140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}