CBO Director on Obama Deficit Proposal: “We Don’t Estimate Speeches”
In case you weren’t watching a little bit ago, that was the verbal smackdown Congressional Budget Office Director Elmendorf gave to the President’s deficit reduction “plan” in responding to questions from House Budget Committee Chairman Ryan about whether or not CBO was able to estimate the budgetary framework put forward in April. That characterization was similar to one put forward by the White House itself, which referred Chairman Ryan’s office to a news release for the “details” of the President’s “plan.”
Other than the “Road to Rationing” included in Obamacare, which features a board of unelected bureaucrats empowered to control Medicare spending, the President has yet to put forward a proposal to stop our entitlement crisis. And despite President Clinton’s warning that Democrats need to have a Medicare plan because “you cannot have health care devour the economy,” Majority Leader Reid has said it would be “foolish” to pass a budget.
When will Democrats stop offering mere plaudits and speeches and start putting forward tangible solutions to America’s fiscal crisis?