| Issue | Obama Budget | Ryan GOP Plan | Apocalypse Plan |
| Budget Surplus? | Never | in 2062 | after the 1st year |
| Debt 100% of GDP | in 2022 | in 2039 | Never |
| Medicare | Obamacare | Gov pre-pays $2300/5700 towards your insurance and gov agency that 'sets' premiums | Hospitalization and Doctors Plan: 100% private marketplace |
| Medicaid | Obamacare | $11,000 direct subsidy | Hospitalization/Doctor Plan + state benefits |
| Social Security | ahh...well... | 55+ no change; 'private' accounts for those under 55: investments only in GOV managed funds | 50+ no change; 36-49 prorated, REAL individual private accounts 49 & younger |
| Individual Income taxes | 6 rates + 'Buffet rule' | 6 rates + Buffet rule OR flat 10% to $50k, 25% for over + 12.6% social security +1.45% medicare | Flat 17% w/$1750 tax credit for all wage earners, no social security or medicare taxes |
| Business Income taxes | MORE, MORE... | No biz income tax, BUT a 10% VAT. Didn't know that, did you? | No business income taxes, no social security taxes. |
| Federal programs | 1,241 and soon more, lots more.. | 1,241 programs w/cap on discretionary spending, NO mandatory individual program review | 49% of programs eliminated, 90% of remaining 633 programs cut. |
| Economic Stimulus | NONE... | Hope that change causes growth | $2.5 TRILLION one year federal tax holiday is direct stimulus to consumer and business |
| Congressional consistency? | Every year, same fights, no solutions... | Each Congress must maintain plan for 40 yrs for it to work | ONE year implementation |
From dealing with the programs to cut and the revenue to raise, The Apocalypse Plan takes you through the process of getting from the disaster that is the Federal Government spending nightmare to a sustainable and balanced federal budget.
Saturday, June 9, 2012
Challenge to President Obama and Rep Paul Ryan
Subscribe to:
Posts (Atom)