Speaking of Paul Ryan, did you know that he’s such a big spender that each and every Senate Republican voted to declare his Roadmap unconstitutional? Well, it’s true:
Ryan’s Roadmap — a draconian but detailed plan to partially privatize Social Security, voucherize Medicare, block grant Medicaid, and eliminate the Children’s Health Insurance Program — would not meet the 18% of GDP spending cap for more than half a century. According to CBO, primary spending under the Ryan Roadmap would total 19.3% in 2040, with total spending at 23.5%. (This CBO calculation assumes that the accompanying tax policies would generate revenue of 19.0% of GDP, whereas the Tax Policy Center estimates that revenue under the Ryan Roadmap would average only 16.3% of GDP over 2011-20). Again ignoring the regressive, budget-breaking tax policies in the Ryan Roadmap, total spending would equal 19.5% of GDP by 2060—a full 1.5 percentage points above the global spending cap in the balanced budget amendment.
Such absurdities are par for the course when you’re dealing with the Worst Idea in Washington.