Paul Ryan: 'Trillion-dollar deficits were inevitable

[SirLinksALot]

SOURCE: THE HILL

URL: http://thehill.com/homenews/house/383256-ryan-trillion-dollar-deficits-were-inevitable

 BY ALEXANDER BOLTON


Speaker Paul Ryan (R-Wis.) says that trillion-dollar deficits could not have been avoided by the GOP-controlled Congress, responding to critics within his party who say that leaders have behaved irresponsibly.

“That was going to happen. The baby boomers retiring was going to do that,” Ryan said on NBC’s “Meet the Press” of projections that the country will start running trillion-dollar deficits as soon as 2020.

Ryan and other GOP leaders have come under fire for passing a $1.5 trillion tax cut last year, which may wind up costing more than expected, in addition to a $1.3 trillion omnibus spending package in March.

Sen. Bob Corker (R-Tenn.) has said voting for the tax package “could well be one of the worst votes I’ve made” and that the Trump administration is “on track to be one of the most fiscally irresponsible administrations in history.”

Ryan, however, said the projected spike on spending for Medicare, Medicaid and Social Security will have the biggest impact on future deficits.

“These deficit trillion-dollar projections have been out there for a long, long time. Why? Because of mandatory spending which we call entitlements,” he said when pressed by NBC host Chuck Todd on Corker’s criticism.

Ryan, a former House Budget Committee chairman, said the Congressional Budget Office projects discretionary spending to increase by only $300 billion over the next decade and for total tax revenues to continue to increase.

“Mandatory spending which is entitlements, that goes to $2 trillion over the next decade. Why does it go to $2 trillion? Because the boomer generation is retiring,” Ryan said.

He pointed out the House passed legislation to repeal and replace ObamaCare, which would have included steep cuts to Medicaid, calling the proposal “the biggest entitlement reform bill Congress had ever considered.”

He said the Senate was responsible for it failing to pass, deflecting some blame for the deficits across the Capitol.

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[INVAR]

Oh goodie, when people are pissed off that you govern worse than Democrats, the response is to blame the PEOPLE instead of government mismanagement, corruption, cronyism and malfeasance.

Remind us again why we have to vote for any Republican?

Because the Democrat is worse?

Sorry, that scare tactic don't fly no more.

[LMAO]

He's actually right. And that's a problem. SS and Medicare are the biggest budget items. Both are growing faster than our ability to pay for them. Without serious reforms, including cuts, one trillion deficits will  be just the beginning

[DB]

Who created all that "mandatory spending"?

Handing out "free" shit at the expense of the future sells so much easier...

The takers have reached critical mass. The ones who pay for it are a minority so their vote isn't all the important anymore. So this will continue until it all collapses in a heap of wreckage.

[DB]

He's actually right. And that's a problem. SS and Medicare are the biggest budget items. Both are growing faster than our ability to pay for them. Without serious reforms, including cuts, one trillion deficits will  be just the beginning

And who leads congress?

[LMAO]

And who leads congress?

I'm not ignoring Ryan's contribution to deficits and debt. But Medicare and SS were in place before he got to Congress. And, if memory serves, he voted to add the prescription drug benefit to Medicare under GWB

[Applewood]

So now it's my fault and that of the rest of the boomers that the debt is so high.  Is that why Republicans, in collusion with Democrats, want to transition Obamacare into some govetnment-run system where they can cut off our care and let us die? 

Well, maybe it is the fault of those of us boomers who were dumb enough to vote Republican, thinking they would keep us away from a socialist system that won't "waste resources" on us older folks. 

[Chosen Daughter]

He's actually right. And that's a problem. SS and Medicare are the biggest budget items. Both are growing faster than our ability to pay for them. Without serious reforms, including cuts, one trillion deficits will  be just the beginning

Ryan the guy pushing DACA talking about entitlements?

[INVAR]

The takers have reached critical mass. The ones who pay for it are a minority so their vote isn't all the important anymore. So this will continue until it all collapses in a heap of wreckage.

Everyone re-read that, and let it sink in.

[bilo]

He's actually right. And that's a problem. SS and Medicare are the biggest budget items. Both are growing faster than our ability to pay for them. Without serious reforms, including cuts, one trillion deficits will  be just the beginning

One way to cut the entitlement problem is to end chain migration. As it is now one person comes over and then all their elderly relatives come over and get aid & healthcare. Also, another way to cut the problem is to build a wall, stop the flow of illegals and give those that are here with no criminal history a work permit so they can start paying into the system.

[bilo]

So now it's my fault and that of the rest of the boomers that the debt is so high.  Is that why Republicans, in collusion with Democrats, want to transition Obamacare into some govetnment-run system where they can cut off our care and let us die? 

Well, maybe it is the fault of those of us boomers who were dumb enough to vote Republican, thinking they would keep us away from a socialist system that won't "waste resources" on us older folks.

 

[bilo]

Ryan the guy pushing DACA talking about entitlements?

Legalizing illegals adds tax revenue to social security and medicare.

Neither party cares about what kind of country we will be. They just want the govt. funded.

[Free Vulcan]

Then kids, it's game over. We can sustain that for maybe another 10 years before it's going to put the squeeze on things.

[driftdiver]

Legalizing illegals adds tax revenue to social security and medicare.

Neither party cares about what kind of country we will be. They just want the govt. funded.

Oh they care where the country is going.  That's why they keep pushing that direction.

[INVAR]

Legalizing illegals adds tax revenue to social security and medicare.

When do welfare recipients do that?

Day laborers make cash in hand and they send that back to Mexico to family there, while they live off us taxpayers here.

They no more 'pay into the system' than generations of ghetto blacks do.