Last week, Republican Paul Ryan unveiled his budget plan which had tax cuts and significant spending cuts in all areas of the government except, well, defense.
Today President Obama unveiled his budget plan (or outline for a plan) that pretty much revolves around letting the Bush tax cuts expire and raising some other taxes and cutting spending in various areas including defense.
There are two plans on the table...and if I had my way, medicare would be adjusted as Ryan outlined as well as some other spending cuts, including defense. On top of that, I would want the Bush tax cuts to go away as they are the #1 contributor to the debt...more than spending increases and more than the wars in Iraq, Afghanistan, and now Libya.
What will we get instead? The worst of both worlds. These negotiations will occur as the country builds up to the 2012 elections. As a result, no one will be willing to actually make an unpopular choice and instead of a budget that is moved more into balance, we will have a budget that will be even more out of tilt than ever.
Medicare will not be touched because older Americans will be scared into thinking someone is taking away their benefits. The Bush tax cuts will be extended yet again because you never raise taxes in an election year. Defense spending will continue to escalate because we'll probabably get caught in a couple more wars and those defense contracts put people to work.
This whole thing is just typical political bullshit. These career politicians on both sides of the aisle need to go.
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