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Ryan Roundup 2013: Everything You Need to Know About Chairman Ryan's Latest Budget

Below is a compilation of the CBPP analyses and blog posts on House Budget Committee Chairman Paul Ryan’s budget, which the House has passed.

Overview/General

  • Blog Post: Ryan Budget Hits Non-Defense Discretionary Funding Far More Than Sequestration Does
    March 14, 2013
    House Budget Committee Chairman Paul Ryan’s new budget would cut the part of the budget that supports everything from education and law enforcement to biomedical research to nutrition assistance by more than $1 trillion below the funding caps in the 2011 Budget Control Act (BCA) over the next decade.  That’s hundreds of billions of dollars below the funding levels that would result from nine years of sequestration.
     
  • Analysis: Ryan Budget Understates Defense Spending by $100 Billion
    March 19, 2013
    The Ryan budget understates defense spending by $100 billion over the next ten years.  It claims $100 billion in defense savings that, in reality, would not materialize because they are flatly inconsistent with Congressional Budget Office (CBO) estimates of the amount of defense spending that would result from the amount of defense funding the budget contains.  This is politically significant:  without these phantom savings, the Ryan budget does not achieve balance in any of the next ten years.

Safety Net

Taxes

  • Blog post:  The Ryan Budget’s Skewed Tax Cuts
    March 20, 2013
    We’ve shown that the $5 trillion in non-defense program cuts in House Budget Committee Chairman Paul Ryan’s new budget are heavily weighted toward low-income programs.  At the same time, based on the latest estimates from the Urban-Brookings Tax Policy Center (TPC), we now see that the tax cuts that he specified in his budget would be heavily weighted to high-income households.
     
  • Analysis: The Ryan Budget’s Tax Cuts: Nearly $6 Trillion in Cost and No Plausible Way to Pay for It: New Tax Policy Center Estimates Show $5.7 Trillion Revenue Loss
    March 17, 2013
    The new budget from House Budget Committee Chairman Paul Ryan proposes a series of dramatic tax cuts that would cost nearly $6 trillion in lost federal revenue over the next decade, and that would provide the lion’s share of their benefits to high-income households and corporations. But, despite its stated promise to the contrary, the budget does not include a plausible way to pay for it all.

Health Care

 

The Economy

  • Blog post: Yes, the Ryan Budget Is Contractionary
    March 14, 2013
    If enacted, House Budget Committee Chairman Paul Ryan’s budget would slow the economic recovery.  Chairman Ryan selectively uses Congressional Budget Office (CBO) analysis to argue that his budget offers long-term economic benefits, while dismissing CBO’s finding — in the very same report — that austerity measures like those that he proposes would take a costly toll on the economy over the next few years and could put the recovery at risk.