The Very Non-Serious Paul Ryan


Earlier this morning I said that since Paul Ryan’s latest budget proposal caps revenues and cuts Medicare and Social Security only modestly, this means that “everything non-elderly gets whacked hard.”

But what does that mean? Well, it turns out that the Congressional Budget Office has put a concrete number to “whacked hard” here. Medicaid and CHIP (children’s healthcare) would decline from 2% of GDP today to 1% of GDP in 2050, and everything else — that is, everything other than Social Security and Medicare — would decline from 12.5% of GDP today to about 4% of GDP in 2050.

This is, to put it mildly, nuts. Defense spending alone amounts to 4% of GDP, and it’s vanishingly unlikely that this will ever fall much below 2-3% of GDP. This means that all domestic spending will decline from about 8% of GDP to 1-2% of GDP by 2050. That’s prisons, border control, education, the FBI, courts, embassies, the IRS, FEMA, housing, student loans, roads, unemployment insurance, etc. etc. It’s everything. Whacked by about 80% or so.

This is not a serious plan. I don’t care how serious Paul Ryan sounds, or how many numbers he spouts, or how many charts he buries us under. It’s not serious.

FACT:

Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn't fund the type of hard-hitting journalism we set out to do.

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2019 demands.

We Recommend

Latest

Sign up for our newsletters

Subscribe and we'll send Mother Jones straight to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate