In elevating deficit reduction to his highest priority and setting up the deficit reduction supercommittee in 2011, President Obama made it clear that benefits programs were on the chopping block and that he would negotiate with Republicans on how to curtail them. Now, Representative Paul Ryan’s budget is in the spotlight, which also threatens services that millions of Americans depend on.
“Ryan's extreme budget ideas were rejected by Congress, including many of his own Republican colleagues,” said Stein. “Americans value Medicare and Social Security, and do not want to be the sacrificial lambs for deficit reduction, especially when they see the massive waste in the private health insurance industry, the bloated Pentagon budget, and the backroom Wall Street bailouts.”
