Some excerpts From Right Wing Nut House:
"It would be easy to dismiss the deficit reduction plan offered by Representative Paul Ryan (R-WI) a couple of weeks ago as a non-starter politically. Indeed, ordinarily I would castigate either a Republican or Democrat for offering such a pie in the sky, politically unfeasible plan with regard to anything."
"But what makes Ryan’s deficit reduction plan worthy of serious discussion is what it portends for the future; that the longer we go without addressing the underlying causes of the deficit, the harder it is going to be to save the US from bankruptcy."
"Ryan’s plan can be considered very stiff medicine indeed. He calls for the elimination of Medicare and Medicaid as we know it by substituting vouchers that seniors can purchase to buy their own insurance plans. The value of these vouchers will go up in succeeding years but - and here’s the kicker - they will not rise as fast as the cost of medical care. Basically, it is rationing health care through individual choices."
"Ryan also calls for the elimination of the tax exclusion for employer health care plans. This would mean a huge tax increase for workers who would have to pay income tax on the cost to the employer of their insurance."
"The plan is political poison - but illustrative of the kinds of draconian measures that will be necessary to get us out of this deficit mess. In this way, Ryan has done a huge service to the American people by having the political courage to present this plan with all its pain, and the political opening you can drive a Mack truck through if you were a Democrat seeking to make hay out of it."
"Ryan’s plan shows it won’t be easy, that it won’t come by only cutting spending, and that not only our lawmakers, but voters as well must become responsible citizens of the republic in order to bite down - hard - and do what is necessary to save us from our own profligacy. A nation that defeated fascism, communism, and can rise above its own sordid past and elect a black man president can do anything it sets its mind to."
"Just give us a couple of hundred more Paul Ryans, please."
Read it all then go here to see Ryan's Plan.