Congressman Paul Ryan’s well-titled budget, the “Road to Prosperity,” has wrongly been condemned as a Republican ploy to throw granny off a cliff. It is the only plan in Congress worth the public’s consideration, especially with the failure of the president’s budget to garner a single vote in the House of Representatives in mind.
Ryan’s plan would balance the budget slowly, giving those affected by cuts time to adjust their savings plan. Additionally, Ryan’s budget would lower the corporate tax rate from 35 percent to 25 percent, spurring new economic growth and government revenue, according to accountingtoday.com. Without question, Congressman Ryan’s plan has the potential to revitalize the economy and fix the budget.
Whether politicians are willing to stop their partisan bickering for the sake of the country is another question.
freshman - German and international political economy