Yesterday I
noted Majoirty Leader Steny Hoyer’s hypocritical admission
that the House Democrats would not pass a budget. His hypocrisy
aside, however, Hoyer gave a more realistic assessment of the
debt situation speech than
we’ve heard from either the Democratic or the Republican Party
leadership.
In the course of outlining what the country would need to do to
pay down the debt, Hoyer said:
Why am I so sure that a spending-and-revenue compromise is the
only plan that has a chance of succeeding? Because a
spending-only plan has been on the table for more than two
years. It’s Republican Congressman Paul Ryan’s Roadmap, and it
was originally introduced in May of 2008. Even though I
strongly oppose its severe Medicare cuts for seniors, I’ve
praised Congressman Ryan for being the only one in his party to
offer a solution equal to the problem. But what have we heard
from his own party? Crickets. For two years. The Republican
Party has run away from Paul Ryan’s plan, even though you’d
expect it to rush to embrace a proposal based on spending cuts.
As the Cato Institute’s Michael Tanner observed last month,
‘The Ryan Roadmap is a test, and right now the Republican Party
is failing it.’
Howard Gleckman
explains that the compromise Hoyer outlined is a real
compromise, that significantly departs from the liberal ideal of
a revenue-only solution to the debt problem:
[Hoyer’s] remarks won’t make him any friends within the
Democratic base. Among his proposals: Trim future Medicare
costs. Raise the Social Security retirement age. Adjust both
programs to focus benefits on those who need them most, even if
it means reducing benefits for wealthy retirees.
Cut defense spending. Have a “serious discussion” about
whether to permanently extend the Bush
tax cuts for those making less than $250,000 as
President Obama wants. Enforce budget rules that require
Congress to pay for new spending and tax cuts.
Economic recovery remains Hoyer’s top priority. But when
it comes to the need for deficit reduction, he didn’t pull his
punches: “We’re lying to ourselves and our children if we say
we can maintain our current levels of entitlement spending,
defense spending, and taxation without bankrupting our
country.”
Liberals now have a member of the Democratic leadership offering
a compromise that would cut some of their most sacred programs,
willing to meet Republicans halfway. Far from rallying around the
spending reduction-only plan, the Roadmap, Republicans are coming
off a prolonged and vocal defense against any cuts to Medicare.
That’s not a winning bargaining strategy. Where would the
conversation be if Republicans were behind Paul Ryan?
This is not to excuse Hoyer for adopting Obama’s strategy of
outsourcing budgeting responsibilities to the deficit commission,
which is truly weak. But his comments do illustrate the reality
that Republicans are on pace to miss a huge opportunity to
downsize the government.
Bob| 6.23.10 @ 1:46PM
Re: Medicare. I understand the point about the apparent contradiction but maybe it isn't. My concern was current beneficiaries (like me, pretty soon) hurt by cuts ('savings' in Obamacare bill, deferred doc fix) with no alternative. Docs are less willing to treat medicare patients. Yes, lets talk about alternatives! Minimally I feel I'm owed what I've paid in all these years. I'd most pref affordable private insurance.