Work in Progress

When Paul Ryan released his proposed federal budget a year ago, Mitt Romney greeted it coolly. He congratulated the House Budget Committee chairman for “setting the right tone”, but pointedly declined to endorse any of its details. The coolness was understandable. Mr Ryan’s budget was political dynamite. It proposed to slash income-tax rates, especially for the rich and businesses, and replace traditional Medicare with vouchers for the elderly to buy health insurance.
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Posted: Fri, 04/20/2012 - 10:56am