Republican Study Committee to offer four year balanced budget

[tsai3904]

The conservative Republican Study Committee (RSC) will put forward an alternative, more aggressive budget proposal than the main House Republican budget authored this week by Rep. Paul Ryan.

Chairman Steve Scalise (R-La.) said the budget amendment offered by the large conservative bloc would call for eliminating the federal deficit within four years — more than twice as fast as the Ryan budget, which balances in a decade.

It's the third consecutive year that House conservatives will present their own budget plan.

Last year’s RSC budget balanced in five years. But Scalise, who took over as chairman in January, had said the group would wait until Ryan (R-Wis.) released his budget this week before deciding whether to offer its own.

“I don’t think anything we do is undermining the Ryan budget. In fact, we actually build on some of the things that Paul has worked on,” Scalise said in a taped interview for C-Span’s “Newsmakers” that will air on Sunday.

More:
http://thehill.com/homenews/house/288447-house-conservatives-to-offer-four-year-balanced-budget-plan

[FSP-Rebel]

Good idea to offer an olive branch to the base, also trying to steal Rand's thunder by a year. How very uncharacteristic of them.

[TaftFan]

Good idea to offer an olive branch to the base, also trying to steal Rand's thunder by a year. How very uncharacteristic of them.

Last year they offered a 5 year plan.

Maybe they set a target date and will not settle unless it gets balanced by then.

[Zippyjuan]

Like to see some numbers as to how they actually intend to do it. The Ryan plan for example says he will cut some taxes and still counts the revenues from those same taxes as helping him balance. He increases spending by three percent a year every year and still calls it "cutting" over $1 trillion.

[AuH20]

Good idea to offer an olive branch to the base, also trying to steal Rand's thunder by a year. How very uncharacteristic of them.

The RSC has never been a problem.

[Occam's Banana]

These multi-year budget proposals are pretty much works of sheer fiction (with rare exceptions - such as the budgets proposed by Ron Paul and Rand Paul).

Each Congress appropriates for each budget year on an ad hoc basis. Congress is not beholden in any way to any multi-year budget.

Therefore, any "deficit reduction" budget that does not provide for immediate cuts [1] right now cannot be taken seriously.

Budgets which put off (real) spending reductions to future years (or which do not include any real cuts at all) are not worth the paper they are printed on.

If this RSC budget contains REAL cuts for the current budget year, then it might be worth something. Otherwise, it just more of the same ...

[1] REAL cuts, not reductions in previously-budgeted increases.