Comparing the Ryan Plan to...the Ryan Plan
There has been much discussion over the "Ryan Plan" since the House Budget Chairman was selected by Governor Romney to be his running-mate. However, there is not just one Ryan plan, but multiple iterations of the Congressman's proposals. They have evolved over time on specifics, although the overall approach has remained clear.
In 2008 Ryan put forward his Roadmap for America's Future, in 2010 it was Roadmap 2.0, in 2011 it was the Path to Prosperity, and again in 2012 it was the Path to Prosperity. You can see our reactions to each one here, here, here, and here.
To give a better overview of all of these plans, what is contained in them, and how they evolved, we've put together the following comparison table.
Update: CRFB Senior Policy Director Marc Goldwein discusses the Ryan proposals on The Brian Lehrer Show.
comparing the ryan plans
This tells Americans nothing. There are no numbers and no details.
comparing the ryan plans
Compared to what? The Obama/Biden plan?
defense
(1) Defense needs to be cut dramatically - otherwise it's not a serious debt reduction proposal.
(2) There needs to be a balanced budget amendment.
Otherwise, just as well wait and default.
It's entitlements
Even if you cut defense spending by 50%, you'd still have a deficit of around 800-900 billion dollars every year.
The focus HAS TO BE entitlements.
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