Congressman Barney Frank today released the following statement about the Republican budget plan:
The House Republican budget has given too little attention to one central fact: part of what it does is to repudiate last year's decision to reduce defense spending and it makes up for that by mandating deeper cuts in Medicare and Medicaid. As one of its strongest defenders, the Wall Street Journal Editorial Board, candidly noted, "Mr. Ryan's budget would cancel the additional defense cuts of $55 billion a year under the sequester and replace them with savings in the entitlements that are the real drivers of long-term debt."
A budget that seeks significant deficit reduction while exempting the swollen military budget from any serious restraint is an ideological document, not a fiscal one.