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Washington Examiner’s David Freddoso weighs in on Paul Ryan’s proposed federal budget.
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-- that House Budget Committee chairman Paul Ryan previewing that budget on FOX News Sunday.
The president has us on a path toward a debt crisis but hurts everybody to bring just to a recession.
That gives us a European kind of an experience which we want to avoid we want people going back to work we want higher wages more jobs are growing economy.
We get that by balancing the budget.
Joining us now is David for does so editorial page editor at the Washington examine -- This budget that Paul -- will propose.
David.
The it includes repealing Obama care that will not happen well it.
Well it's not likely while Obama's president because he'd have to sign it of course in this certainly isn't a majority -- to override his veto so.
They're not actually going to repeal obamacare but that doesn't mean that it can't be repeal -- that certain proposed provisions in its.
Can't be taken away there's a lot of talk about things like the medical device taxes.
Other other possible changes they could make it less expensive.
But in the end you know what what.
Ryan is looking -- -- talking about here is some way of avoiding the real.
Pain later of true austerity.
What that what would -- true austerity -- and how I India explaining the difference between just these.
If you well minor cots that we've experienced with the sequester and what true austerity would mean for the country.
-- it right you know -- there are talking about what we need a balanced approach that's -- the president likes to say.
Austerity in Europe has taken a very -- approach we're going to massively raise people's taxes and we're going to cut their benefits dramatically.
It's it's certainly on a much larger scale than anything we've seen here with the sequester or any -- that this spending caps that were put into place.
Any of the minor attempts to cut spending here even entitlement reforms that are going to take effect years out.
Those are very minor compared to what you would end up with if you don't reform entitlements and this is what Ryan's messages kind of been people associated him.
-- correctly with the idea of austerity.
Austerity isn't about.
Scaling back benefits just to bid for people who are gonna retire several years from now.
Austerity is when you tell current recipients of Social Security -- cutting your checks in half.
And were raising everyone's taxes by 30%.
That's what they're having doing these European countries that's why they're writing and throwing Molotov cocktails and stuff it's not just because they made minor cuts to spending and it's certainly nothing like what we've experience -- -- He said yet though if you look at the Medicare trust fund runs out of money well before -- -- at some begins to run out of money.
Long right for -- -- security trust does its roughly twelve years I think.
Where Medicare will not be able to pay -- dollar for dollar benefits are we gonna wait until that day.
And then congress has to make some take some dramatic action.
That that's exactly the question and -- -- those in the those -- the terms either we can deal with this now.
Or we can wait until were forced him to implement austerity of some kind of -- will mean either stealing back medical benefits for senior citizens.
Or dramatic tax hikes again which is what austerity has largely been in Europe.
Or it'll mean something like sacrificing other budget priorities -- the we can continue to have this and sustain you know sustain the unsustainable so.
We know we're going did them -- to all the things Obama talks about we're gonna shut down White House tours and lay off firefighters and policemen across country.
And all of these other -- budget priorities you have a minute stop educating children canceled canceled programs that fund these things.
And that's how we're gonna end up paying for Medicare one way -- the other.
It -- something has to give it's better to give now when you can still get away with that you can still make the cuts modest.
And and sustainable then to wait until you hit the big crash you have to an austerity.
Forever let's hope people who listen David thank you David -- B well thank you your being here.
Caught off to a.
