The new budget deal proposed by Rep. Paul Ryan (R-WI) and Sen. Patty Murray (D-WA) has three key flaws, Heritage Foundation expert Romina Boccia explains in today’s Morning Bell:
- It busts through supposed spending “caps.”
- It increases taxes and spending.
- It hikes spending now, with a promise to enact savings in the future.
The deal, Boccia says, “failed to make substantive reforms to the real drivers of spending and debt: the entitlement programs.” It”keeps the nation on its fiscal collision course.”
Do you agree with this budget plan?