President Obama was right to denounce a House Republican budget plan as a “Trojan horse,” warning that it represents “an attempt to impose a radical vision on our country” that would hurt working families.
In a speech last week to newspaper executives, Obama sharply criticized a $3.5 trillion budget proposal by Rep. Paul Ryan, R-Wis., which passed last week mostly along party lines and has been embraced by Republican presidential frontrunner Mitt Romney.
The plan has little chance of passing the Democratic-controlled Senate but lays out the GOP’s extreme fiscal priorities.
The Ryan plan would decimate social programs such as Medicaid and food stamps while giving huge tax cuts to the wealthy.
Under the plan, Medicare would be reduced by $205 billion and would be turned into a subsidized set of private insurance plans. Medicaid and other health programs would be cut $770 billion and other programs, including welfare, food stamps, agriculture subsidies and transportation, would be cut nearly $2 trillion.
“It’s a Trojan horse. Disguised as deficit reduction plan, it’s really an attempt to impose a radical vision on our country,” Obama said in a speech to the Associated Press luncheon of editors and publishers.
The president is right to point out that the Ryan plan is not really a deficit reduction plan, but an effort to gut social programs that conservatives have sought to eliminate for years.
In answering questions before the newspapers executives Obama correctly portrayed the Republican Party as obstructionist and extreme.
“Ronald Regan, who as I recall, is not accused of being a tax-and-spend socialist, understood repeatedly that when the deficit stated to get out of control, that for him to make a deal, he would have to propose both spending cuts and tax increases. Did it multiple times. He could not get through a Republican primary today,” Obama said.
Unfortunately, he’s right.