Paul Ryan’s “New” Plan: Squeeze the Poor, Boost the Rich


Oh Lord. I almost forgot that today is Paul Ryan Day, even though I wrote about it just yesterday. So what’s in the 2014 version of the Ryan budget? Let’s see:

  • Repeal of Obamacare (though we keep Obamacare’s cuts to Medicare, as well as its new taxes).
  • Medicare would be converted into a voucher system.
  • Big cuts to Medicaid.
  • Big cuts to other domestic programs.
  • Repeal of the sequester cuts in the Pentagon budget.
  • A “simplified” income tax system with only two brackets, 10 percent and 25 percent.
  • A reduction in the corporate tax from 35 percent to 25 percent.

I’ll dive into the details later. Maybe. But basically this is the same old same old. Big tax cuts on the rich, big tax cuts for corporations, and big spending increases for the military. For the poor, the middle class, and the elderly, we have big spending cuts and—though Ryan doesn’t admit it—the almost mathematical certainty of big tax increases.

At this point, I honestly have only one wish for all this: that the press finally wises up and refuses to call this a “deficit reduction” plan. It’s not. It’s a plan to dramatically cut domestic spending, full stop, mostly on the poor, the middle class, and the elderly. Every other component of the plan increases the deficit.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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