March 20, 2012–Republicans today unveiled their budget plan, which laid out a vision of this country’s economic future in stark contrast to the budget proposed by President Obama. Representative Paul Ryan, chairman of the House Budget Committee and chief architect of the GOP plan, said, “This is about putting an end to empty promises from a bankrupt government.” Ryan’s blueprint would balance the federal budget in two years by sharply reducing taxes and eliminating almost all entitlement programs and completely doing away with the social safety net. In addition to creating just two tax brackets, the plan would reduce [...]
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