(Bloomberg) -- Republicans in the U.S. House and Senate say
their budget proposals add up. It takes some creative math and
logic to make that true.
The plans unveiled this week call for the U.S. government
to collect about $2 trillion in taxes in the next decade that
Republicans have little or no intention of collecting. Some of
that revenue would come straight from taxes to pay for Obamacare
-- which they want to repeal.
Republicans also gloss over details of where they’d cut
more than $5 trillion to balance the books. Senate Budget
Chairman Mike Enzi’s plan cuts $430 billion from Medicare
without saying how. House Budget Chairman Tom Price’s proposal
includes $1 trillion in “other mandatory” reductions that
aren’t entirely laid out.
Budget analysts are criticizing the approach.
“While the goals put forward by the budget resolution are
praiseworthy, the details are in some ways unrealistic and
unspecified,” Maya MacGuineas, president of the bipartisan
Committee for a Responsible Federal Budget, based in Washington,
said in a statement.
The House proposal includes about $94 billion for a special
war-funding account that isn’t subject to spending limits set by
Congress in 2011. The Senate plan includes $58 billion in war
funding, the same amount requested by President Barack Obama.
We balanced it under Bill Clinton. Put the sequester back, that was working fine.
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