Just a sample of what the pubs want . . . .

"Spend too much, tax too much and borrow too much." Clearly, Republicans believe that we can reduce our deficits by cutting spending even while cutting taxes. So what would they cut?

. . . . 2009 Republican budget put together by Rep. Paul D. Ryan, who passes as the party's idea man.

That budget would freeze domestic discretionary spending till 2014, but Obama's budget does that. It would increase spending on the military over the Obama budget, and pledge all the money needed to fight two wars (with Republicans insisting that the military get more, not less resources to do so). It would create a "trigger" on Social Security that might cut benefits for "high income earners," but not until 2036. No savings there.

So where do the cuts come from? The Republican budget would repeal any spending remaining in the recovery act and oppose any new spending for jobs. This includes repealing the "Make Work Pay" tax credit that gives most Americans a small tax break, and presumably the support for food stamps, aid to states to avoid layoffs of teachers and police, and the infrastructure construction projects that remain. But there isn't a lot of money left in the recovery plan and the president's new proposal is modest, at best.

The big cuts come from Medicare and Medicaid. Republicans now rail against any "Medicare cuts," referring to the end of billions in subsidies to enable private insurance companies to compete with Medicare. But the Republican budget would abolish Medicare for everyone under 55, replacing it with a voucher program that would be outpaced by inflation over time. The Center for Budget and Policyh Priorities estimates that means about $600 billion in cuts over 10 years would come from Medicare spending.

It would similarly end the guarantee that Medicaid provides to low income children, seniors and the disabled, turning it into a block grant to states that would create over $600 billion in cuts below projected expenditures.

But at the same time, the Ryan budget extends generous tax cuts to the wealthiest Americans. It would not only extend the top end Bush tax cuts that Obama would let expire, it would lower the top rate from 35% to 25%, and eliminate taxes on capital gains which go overwhelmingly to the wealthiest Americans. The Citizens for Tax Justice estimates this constitutes another tax break of about $75,000 a year for America's millionaires (the wealthiest 1%). (While over a third of low and middle income taxpayers would pay more under the Republican plan than Obama's plan). It would cut the corporate tax rate to 25% without closing any loopholes that already enable the US corporations to pay one of the lowest effective tax rates in the industrialized world. The income tax proposals would have cost about $225 billion more in 2010 alone than the President's budget.

Full article at (and yes, it is the Huffington Post)

http://www.huffingtonpost.com/robert-l-borosage/the-stupid-party_b_446750.html