Fortune Magazine has a good article on Rep. Paul Ryan - a Congressman who recently arrived on the national stage with his articulate criticism of Obama's health care plans. The article discusses Ryan's economic plans to put America back on a sound - and sane - fiscal footing.:
Do read the whole article. Ryan, like Chris Christie, are people to watch as the Dems promise to lead us down an insane fiscal path - until 2012.
What is the Ryan plan , and why is the Obama administration seemingly obsessed with it? Ryan calls his proposal, published in January, the Roadmap for America's Future. It's a remarkably comprehensive, daring manifesto that tackles every part of the budget on a presidential scale, from Social Security to tax policy to health-care reform.
The goal is to eliminate the deficit, and eventually all federal debt, without any crippling tax increases. Under Ryan's plan, for example, federal spending would reach just 24% of GDP in 2035 and then fall, vs. the CBO's projection of 34% and rising from there. Ryan would make the deficit disappear by mid-century. . . .