No matter how you slice it, the Paul Ryan spending cuts proposed by Republicans in the House are simply laughable. During the election, they promised $100 billion in their Pledge to America. Now that they are in office, there appears to never have been a real plan to cut $100 billion from the federal budget. Even if there was, I will show you just how laughable a $100 billion cut in spending really is.
Now you may have heard Senator Rand Paul criticize the Republicans in the House for only coming up with $32 billion in spending cuts. Senator Paul has every reason to be concerned at the lack of effort by House Republicans as his own plan cuts a half trillion dollars from the budget. Let's take a look at why.
Last month, CBS reported the United States government spends $6.85 million every minute. Let's plug that information to the Republicans proposed $32 billion in spending cuts.
Ryan's spending cuts would be like shutting the government down and not spending anything at all for 4671.5 minutes.
4671 minutes equals a total of 77.86 hours.
77.86 hours equals a total of a little less than three and one quarter days.
That's right, all Paul Ryan's proposal does is cut government spending for less than one percent for the entire year.
Now let's take a look at John Boehner's promise to cut $100 billion in government spending. $100 billion is a little more than three times the amount of the current proposed spending cuts of $32 billion. So basically, they are talking the equivalent of the government not operating for ten days, or roughly three percent.
This is why, considering the $14 trillion deficit, we need to push Boehner and Ryan out of this equation. Someone in the House, and has to be the House needs to look at Rand Paul's plan and introduce it to the House floor. We are talking 15 times more in spending cuts than the current cuts Representative Ryan is proposing. What do you think will do more to lower the national debt?
Luckily, for the United States, Rand Paul is stepping on toes. Check out this article from the Dallas Examiner:
Senatorial courtesy be damned: Today, The Hill reports, that junior Senator Rand Paul (R-KY) is prepared to jettison senate tradition, tossing it aside, like dead weight, in his urgency to save America's financial ship from sinking. By so doing, Paul has steered a signature policy-making course strategically cornering senior senators with his push for a $500 billion spending cut, half a trillion dollars. In a fury over fiscal waters, Paul apparently doesn't intend to waste time negotiating with waves, but intends to lash himself to government's wheel.
This is what some consider "the new political style" in the manner of Chris Christie with shades of Ronald Reagan. No matter who in Washington gets ticked off, American voters want their representatives to do what the people sent them to Washington to do, get the job done.
Following is a transcribed summary, highlighting the the sequence of Paul's daring strategy, forging forward armed with a twelve page bill and casting tradition aside to light a fiscal fire under fellow GOP senators:
Paul was first to go public pooh-poohing as "insufficient" a 2011 cut of only $32 billion from the federal budget, as proposed by House Budget Committee Chairman Paul Ryan.
Paul pushed a proposal to slash $500 billion in federal spending over the course - in one year. GOP leaders at risk of appearing gutless in comparison, anted up with their own harder line.
Though a bold move on Paul's part, within hours, a letter was released by Sen. Jim DeMint (R-S.C.) which "urged the House Republican leadership to make spending cuts of no less than $100 billion for Fiscal Year 2011," after earlier joining Paul to Introduce REINS Act, designed to rein in federal government regulations that burden business and reduce jobs.
Sen. Tom Coburn (R-Okla.) speaking to the conservative National Review Online on Monday said of Paul's Budget plan, including the $500 billion worth of Spending Cuts, "I think we could do it."
The 48-year-old senator, Rand shares many of the same ideological positions of his father, Ron Paul (R - Texas). Both are highly controversial men, more often than not provocative; and both have strong followings. As one of a trio of the founders of the Senate Tea party Caucus, a group many considers to have formed as a check to old school Senate GOP leadership, Paul's momentum is such that he may be a force for which the GOP failed to reckon. How far Paul can push before establishment GOPs grumblings turn to a concerted effort to pin the seat of his junior pants to a backrow seat in the Senate and keep him there - remains to be seen.
Paul recently said to Neil Cavuto, "What we need to do is embrace this opportunity to go in and say, 'Here are the spending cuts, America; we're willing to step up and we will balance the budget - before it's too late.'"