Exposing the Lies of Paul Ryan's Roadmap

Paul Ryan's Roadmap to Nowhere "Thanks to House budget chief Paul Ryan, it's possible to measure the size of this fraud. And it's colossal," Miller wrote. "As can never be said often enough, Ryan is absurdly hailed as a fiscal ‘conservative’ for a ‘roadmap’ that doesn't balance the budget until the 2060s and that adds an unthinkable $62 trillion to the national debt between now and then." Miller... [more]

Paul Ryan's Roadmap to Nowhere "Thanks to House budget chief Paul Ryan, it's possible to measure the size of this fraud. And it's colossal," Miller wrote. "As can never be said often enough, Ryan is absurdly hailed as a fiscal ‘conservative’ for a ‘roadmap’ that doesn't balance the budget until the 2060s and that adds an unthinkable $62 trillion to the national debt between now and then." Miller said that Ryan "pretends we can keep federal taxes at their recent historic levels of 19 percent of gross domestic product as the boomers age. No can do. The math doesn't work. Ryan's endless red ink proves this." For the question of when the budget reaches balance, Miller is correct. The percentage of GDP shifts from negative (representing a deficit) to positive (a surplus) in 2063. From that point on, the percentage stays in positive territory -- that is, in surplus -- through 2083. An analysis by the Congressional Budget Office -- Congress’s non-partisan arbiter of budgetary figures -- doesn’t list the exact year that surpluses first occur under Ryan’s plan, but it agrees that it will happen sometime between 2060 and 2080. So on this point Miller appears to be correct. http://www.politifact.com/truth-o-meter/statements/2011/mar/03/matt-miller/matt-miller-blasts-deficit-debt-implications-paul-/ Ryan claims that his Roadmap to Privatization will save the country, but it does NOT balance the budget until 2063 and no surplus will materialize until 2080. It's a total fraud. [less]