Yesterday, Budget Chair Paul Ryan finally offered a plan to fulfill the Republican promise to cut government spending but the promise completely fails to meet the target they set for themselves. Below please find a brief history of the Republican pledge to cut the budget:
The Original Republican Pledge….
$100 billion
“We will put government on a path to a balanced budget and pay down the debt with a plan to … Cut government spending to pre-stimulus, pre-bailout levels saving at least $100 billion in the first year alone.” [A Pledge to America, 9/22/10
The Revised Republican Pledge….
$74 billion
“On Thursday, Ryan said he would cap total appropriations at $1.055 trillion - $74 billion less than the budget request Obama submitted to Congress last year…” [Washington Post, 2/3/11]
The Re-Revised, Pro-rated Republican Pledge…
$58 billion
“…they plan on pro-rating that $100 billion dollar number to $58 billion in non-security savings from the money President Obama asked for in the 2011 fiscal year budget.” [MSNBC, 2/3/11]
The “We Didn’t Realize How Hard This Would Be” Republican Pledge…
$50 billion
“…Republican leaders are scaling back that number by as much as half…” [New York Times, 1/4/11]
The Republican Proposal
$32 billion
“House Republicans pledged Thursday to slice more than $32 billion from agency budgets over the next few months…” [Washington Post, 2/3/11]
Jesse Ferguson of the Democratic Congressional Campaign Committee said:
House Republicans delivered on 30 percent of their budget promise, which by the standard of any school is an “F” failing grade.
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