Fausta's Blog

American and Latin American Politics, Society, and Culture

February 23, 2017 By Fausta

Mexico: Ryan goes to US-Mex border UPDATED with livefeed of Tillerson press conference

House Speaker Paul Ryan is at the border; the WaPo reports,
Ryan makes trip to U.S.-Mexico border as lawmakers mull building Trump’s wall

House Speaker Paul D. Ryan led a delegation of House Republicans on a six-hour tour of the U.S.-Mexico border Wednesday, seeing firsthand by helicopter, horse and boat the security challenges of keeping out undocumented immigrants President Trump wants to block with a costly wall.

Ryan (R-Wis.), on his first trip to the border, said in a statement afterward that U.S. Customs and Border Protection agents on the ground need “more tools and more support . . . for them to do their jobs effectively.” He said Congress “is committed to securing the border and enforcing our laws” and pledged cooperation with the Trump administration.

Sec. of State Rex Tillerson is in Mexico. The Mexicans are not exactly thrilled

“I want to make it emphatically clear that neither Mexico’s government or the Mexican people have any reason to accept provisions that have been unilaterally imposed by one government on the other,” Mexico’s Foreign Minister Luis Videgaray said at a ceremony on Wednesday.

“We won’t accept it because we don’t have to,” he added, in an apparent reference to U.S. plans to return illegal migrants to Mexico, regardless of their nationality.

Videgaray doesn’t seem to remember how Mexico treated Andrew Tahmooressi.

If Videgaray’s name sounds familiar, he’s the guy who quit as Finance Minister after the Peña Nieto-Trump press conference didn’t work the way he expected.

UPDATE

Livefeed of Tillerson press conference in Mexico

[Read more…]

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Filed Under: Fausta's blog, illegal immigration, immigration, Mexico Tagged With: Luis Videgaray, Paul Ryan, Rex Tillerson

April 17, 2011 By Fausta

All speech, no budget

How the World Works comments on the budget speech,

Via Gerard

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Filed Under: Barack Obama Tagged With: budget, Fausta's blog, How The World Works, Paul Ryan

April 5, 2011 By Fausta

Paul Ryan’s plan

Congressman Paul Ryan, writing in the Wall Street Journal, proposes to cut $6.2 trillion over 10 years,

The GOP Path to Prosperity
Our budget cuts $6.2 trillion in spending from the president’s budget over the next 10 years and puts the nation on track to pay off our national deb
t.

Here are its major components:

• Reducing spending: This budget proposes to bring spending on domestic government agencies to below 2008 levels, and it freezes this category of spending for five years. The savings proposals are numerous, and include reforming agricultural subsidies, shrinking the federal work force through a sensible attrition policy, and accepting Defense Secretary Robert Gates’s plan to target inefficiencies at the Pentagon.

• Welfare reform: This budget will build upon the historic welfare reforms of the late 1990s by converting the federal share of Medicaid spending into a block grant that lets states create a range of options and gives Medicaid patients access to better care. It proposes similar reforms to the food-stamp program, ending the flawed incentive structure that rewards states for adding to the rolls. Finally, this budget recognizes that the best welfare program is one that ends with a job—it consolidates dozens of duplicative job-training programs into more accessible, accountable career scholarships that will better serve people looking for work.

As we strengthen and improve welfare programs for those who need them, we eliminate welfare for those who don’t. Our budget targets corporate welfare, starting by ending the conservatorship of Fannie Mae and Freddie Mac that is costing taxpayers hundreds of billions of dollars. It gets rid of the permanent Wall Street bailout authority that Congress created last year. And it rolls back expensive handouts for uncompetitive sources of energy, calling instead for a free and open marketplace for energy development, innovation and exploration.

• Health and retirement security: This budget’s reforms will protect health and retirement security. This starts with saving Medicare. The open-ended, blank-check nature of the Medicare subsidy threatens the solvency of this critical program and creates inexcusable levels of waste. This budget takes action where others have ducked. But because government should not force people to reorganize their lives, its reforms will not affect those in or near retirement in any way.

Starting in 2022, new Medicare beneficiaries will be enrolled in the same kind of health-care program that members of Congress enjoy. Future Medicare recipients will be able to choose a plan that works best for them from a list of guaranteed coverage options. This is not a voucher program but rather a premium-support model. A Medicare premium-support payment would be paid, by Medicare, to the plan chosen by the beneficiary, subsidizing its cost.

In addition, Medicare will provide increased assistance for lower- income beneficiaries and those with greater health risks. Reform that empowers individuals—with more help for the poor and the sick—will guarantee that Medicare can fulfill the promise of health security for America’s seniors.

Getty Images/Imagezoo
We must also reform Social Security to prevent severe cuts to future benefits. This budget forces policy makers to work together to enact common-sense reforms. The goal of this proposal is to save Social Security for current retirees and strengthen it for future generations by building upon ideas offered by the president’s bipartisan fiscal commission.

• Budget enforcement: This budget recognizes that it is not enough to change how much government spends. We must also change how government spends. It proposes budget-process reforms—including real, enforceable caps on spending—to make sure government spends and taxes only as much as it needs to fulfill its constitutionally prescribed roles.

• Tax reform: This budget would focus on growth by reforming the nation’s outdated tax code, consolidating brackets, lowering tax rates, and assuming top individual and corporate rates of 25%. It maintains a revenue-neutral approach by clearing out a burdensome tangle of deductions and loopholes that distort economic activity and leave some corporations paying no income taxes at all

Ryan has a video,

Let us hope that they consider the merits of the plan instead of wail about its alleged excesses, bearing in mind the president’s professed concern about the deficit and his past promises of a “net spending cut.”

UPDATE
Ryan’s Plan: Necessary But Not Sufficient

Click on image to enlarge,

PublicDebtRyanvsCommissionSmall.gif

The gray line is where we were at the end of September 2010 ==> that’s our target. The blue line is the Obama administration’s baseline budget. As you can see, it sails off into the stratosphere. This is the budget plan the Democrats are defending.

The teal line and red line are the Deficit Commission and Ryan’s plan, respectively. The teal line makes it back to the gray line by the end of 2022. Ryan’s plan? Well, you’ll have to wait another 10 years.**

So here’s the bottom line. If you believe that the GDP will start growing at a healthy rate and continue at that rate forever, and if you manage to reform Medicare, Medicaid, and Social Security, and if you reform the budget process, and if you reform the tax code, and if you accomplish all these reforms in FY12, then you might be able to pay off this year’s spending within 11 to 12 years. Or maybe the decade after.

This is what the President and his crackerjack economic team have wrought. A one-year deficit that is so large that it can only be paid back if everything goes exactly right. And if everything goes exactly right, we’re still looking at decades before we can get back to the debt level we had only 6 months ago.

But, on the bright side, perhaps as early as 2023 we can start working on paying off the FY10 deficit.

So when the Dems start their caterwauling about how “extreme” the GOP’s suggestions are, just remind them that these “extreme” suggestions may not succeed in paying back even 1 year of Obama’s spending.

CATO has Federal Spending: Ryan vs Obama

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Filed Under: business, economics, economy Tagged With: budget, Fausta's blog, Paul Ryan

July 27, 2010 By Fausta

It’s the government spending, stupid

Visit msnbc.com for breaking news, world news, and news about the economy

Here’s what happens when the interviewer is not paying attention to what the interviewee is saying:
Paul Ryan Schools Chris Matthews on Tax Hikes, Budgets and Economics 101

CHRIS MATTHEWS, HOST: Congressman Ryan, is there any tax role for reducing our $1.4 trillion to $1.7 trillion debt this year — deficit this year? Is there any role in tax increasing to help do that job?

REP. PAUL RYAN (R), WISCONSIN: I don`t think it`s a good idea, especially when we`re trying to come out of a jobless recovery in a slow- growth economy.

Look, we have got unemployment at almost 10 percent. The last thing we should be doing is raising taxes on the economy. Look, the worst thing for deficit reduction is a slow economy. You hit small businesses with these kinds of tax rate increases and you will slow down the economy further.

Look, 75 percent of those who will get hit with these higher tax rates are successful small businesses. Tens of millions of our jobs come from these small businesses. Now, if you try to blame these tax cuts and the wars for all of our fiscal problems, the numbers just don`t add up.

At best, 14 percent of the evaporation of the surplus came from these tax cuts. It all came from other circumstances: spending, economic growth declining, 9/11, all these other things.

MATTHEWS: Yes.

RYAN: So, I think what Joe earlier said is right, which is these taxes will go up. And I think that`s a mistake. And I think it`s going to hurt the economy.

MATTHEWS: Well, let me ask you one question as a follow-up.

It seems to me every Republican that goes on “Meet the Press” lately is asked, where will you cut? They say nothing. They will not mention any cuts.

(CROSSTALK)

RYAN: Chris…

MATTHEWS: No, I have had Congressman Pence on, who won`t say any cuts.

(CROSSTALK)

MATTHEWS: So, you won`t cut — you won`t raise taxes and you won`t cut spending.

RYAN: Chris…

MATTHEWS: So, in other words, all this bitching about the deficit doesn`t mean squat, because you won`t do either, raise taxes or reduce spending.

RYAN: Let me answer it, then.

MATTHEWS: Neither one.

RYAN: This year, Congress isn`t even doing a budget, but, last year, when we did a budget, I brought a budget to the floor that specifically cut $4.8 trillion of spending out of the budget and paid for all of these tax cuts and debt reduction. Two months ago, we put out $1.3 trillion in very specifically listed and enumerated spending cuts. So, I can go on with you on cuts. I can show you all the kinds of cuts.

Good answer, right? Here was Matthews’ astonishingly addle-minded response:

MATTHEWS: But that`s one-three hundredth (ph) of the deficit. That`s 0.3 of 1 percent you`ve talked about.

One-three hundredth of the deficit? $1.3 TRILLION?

The lesson continued:

RYAN: Four-point-eight trillion dollars is not .3 of 1 percent of the deficit.

MATTHEWS: OK, 4.8 trillion. OK.

RYAN: And 1.3 trillion is not peanuts.

MATTHEWS: OK.

RYAN: It`s nothing to sneeze at.

MATTHEWS: OK. Let me go.

(CROSSTALK)

RYAN: Two things –

From here it became obvious what Matthews was up to. He’s not interested in balancing the budget. He’s certainly not interested in cutting spending.

What he’s interested in is getting Republicans to say what programs they want cut so that Democrats can use that against them in the upcoming elections.

Ryan saw through the charade:

MATTHEWS: I just don`t see — I just don`t see any program cuts. You`re talking in general terms, but let me tell you this: the major Republicans that come on television will not cut Social Security, Medicare, and Medicaid. They won`t cut the military. They can`t cut debt servicing. They won`t — they won`t get rid of a major cost of government.

They`ll talk about, you know, let`s freeze discretionary spending or discretionary and domestic in some sort of generalized way. But they won`t get rid of government. They seem to like government. In fact, they love to talk against it.

RYAN: Go to Americanroadmap.org and you will see a very comprehensive piece of legislation that the CBO has scored that`s actually paying off the debt –

Indeed, this Roadmap was released last week, but I digress:

MATTHEWS: OK.

RYAN: — with specific reforms to the entitlements you mentioned.

MATTHEWS: Name a major piece of the 1.4 trillion to 1.7 trillion. No, just take –

RYAN: OK.

MATTHEWS: — just take a chunk out that 1.4 trillion by getting rid of a big program or good expenditure that people now watching can understand.

Straightforward question. Now watch Ryan give a straightforward answer that Matthews will summarily brush aside like a fly in front of the camera:

RYAN: I would rescind the unspent stimulus funds. I would rescind all the TARP funds that aren`t spent. I would do a federal hiring freeze and pay freeze for the rest of the year. And I would go back and cut discretionary spending back to `08 levels and freeze that spending going forward.

Now, you and I can get into a debate about Keynesian economics, whether it worked or didn`t. I don`t think it did. We increased domestic discretionary last year by 84 percent. I don`t think we should continue to build that kind of a base. Let`s go back and cut discretionary spending back to `08 levels.

MATTHEWS: OK.

RYAN: Rescind stimulus, rescind TARP and do a federal hiring and pay freeze. Those are just a few ideas that add up to $1.3 trillion right there.

Now, let’s understand that at the beginning of this segment, Matthews asked Ryan how he plans on reducing our $1.4 to $1.7 trillion deficit. The Congressman just gave cuts to eliminate $1.3 trillion, and Matthews dismissed it totally:

MATTHEWS: OK. Congressman Crowley, I still don`t see any cuts in entitlements there. But go ahead.

Matthews is just not paying attention. Must be that tingle up his leg acting up again.

Here’s the link to American Roadmap.org.

If you’re wondering what your tax bill will look like next year, go do the worksheet at the 2011 Income Tax Calculator.

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Filed Under: business, Democrats, economics, economy, taxes Tagged With: Americanroadmap.org, bailout, budget, budget deficit, Chris Matthews, deficit, Fausta's blog, federal deficit, Paul Ryan

February 25, 2010 By Fausta

“Hiding spending does not reduce spending”

Paul Ryan (R-WI) at the healthcare TV show today,

David Gergen, on CNN Live today,

“The folks in the White House just must be kicking themselves right now. They thought that coming out of Baltimore when the President went in and was mesmerizing and commanding in front of the House Republicans that he could do that again here today. That would revive health care and would change the public opinion about their health care bill and they can go on to victory. Just the opposite has happened.”

CNN‘s “highlights” post spent more time repeating what its employees said than what the Republicans had to say.

More Ryan, via Ace,

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Filed Under: Barak Obama, health care, healthcare Tagged With: Blair House, Fausta's blog, Healthcare summit, Paul Ryan, White House Health Bill

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