Ever since Rep. Paul Ryan (R-WI), the GOP’s top budget guy, unveiled a proposal to slash and privatize entitlements in order to reduce long-term deficits, the media–and even some Democratic politicians–have praised the plan as a serious way to save money. The plan may be conservative, they say, but at least it takes a serious, honest stab at averting fiscal catastrophe. Ryan even had the Congressional Budget Office score the package, and they found that, by mid-century, it would eliminate federal deficits.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=129529