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-- is also the day that we get a new look at what's inside the mind of the Republican point man on budgetary matters.
Senior political analyst for him is here with a preview remembrance -- On Tuesday house budget chairman Paul Ryan -- for the second straight year unveil an aggressive budget intended to pull the country back.
From what even the liberal economists Alan Blinder calls a fiscal cliff.
The plan will be denounced by Democrats as a radical attack on the -- to protect the rich.
It will not touch Social Security but it will reform Medicare by turning that open ended benefit program.
In two subsidies for health insurance would limits.
The first your savings would be modest but over a decade the plan is estimated to cut spending by five trillion dollars below current projections.
We'll also proposed to reform the tax code substituting to rates of ten and 25%.
In exchange for closing dozens of loopholes.
Ryan was able to get his plans with -- house last year but it died in the senate which has not passed a budget in three years.
And is not likely to this year Ryan and those with the nerve to vote with the -- or betting that something has changed.
That the old game of creating an expanding entitlements and relying on the votes of those dependent on them for re election is over.
That game always work while the economy grew fast enough to pay the bills but the bills are now being paid -- borrowed money.
And alarm over that is at historic ties -- Ryan and company will climb out on a limb hoping that this time the voters won't let the opposition.
-- and that's all this year well.
The plan will be proposed this year.
Ryan expects to bill to pass it through the -- as he did a similar plan last year there's no real hope the senate -- -- this year so this is all really about next year.
When it is hoped they'll be in new president and -- -- senate and the chance will come.
Foley's house Republicans -- -- in the habit of voting for this.
A politically dangerous stuff.
To do it again and try to carry this senate and the president with them.
The fiscal cliff that -- And it says the issue up on the trail dust and -- know they will not.
Pass it this year because the senate will roll out but to run on it this fall and that's but -- hope whether open public so cool summer -- through our press thank you.
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