It looks like the proposed $1 Trillion, with a capital T, dollar cut to Medicaid reported yesterday may actually be just the tip of the fiscally-suicidal iceberg.
(Reuters) - The Republican's 2012 budget plan will cut the deficit by more than $4 trillion over the next decade and will exceed goals of a presidential deficit commission, Representative Paul Ryan said on Sunday.
Ryan, chairman of the House of Representatives Budget Committee, said his budget blueprint, which will be released on Tuesday, will include deficit cuts that go further than the $4 trillion proposed by the commission. [...]
"We will be exceeding the goals presented by the president's debt commission," he said. "By cutting spending, reforming our entitlements and growing our economy."
Can anyone read that last sentence with a straight face? Without bursting into an uncontrollable guffaw? "Growing our economy." Are you shitting me? Only in Republican Fantasyland can you propose to cut over $4 trillion from your budget and claim it's part of the plan to "grow the economy."
When the findings of the farcical deficit commission were released, no one took the results seriously because the proposals contained inside were so ridiculous. Apparently the Republicans thought it didn't go far enough though, because their main budget-guy, Paul Ryan, wants to one-up the deficit commission and propose even steeper cuts. See how serious he is?