GOP's Deficit Reduction Plan A JOKE ?

The GOP Congressional Study Committee, led by Tea Party Stalwarts, have published its Deficit Reduction Plan. It is found at:
http://rsc.jordan.house.gov

It would be a joke if it didn’t reduce veterans, educational benefits, and contains an unfunded mandate to states by shifting taxes for Medicaid to States and Localities.

It claims to save 2.5 Trillion over 10 years. That equates to 250 Billion per year. Guess what? Obama’s first budget was 400 billion less than Bush’s last budget.

*Fiscal Year 2009 - President Bush’s last budget was - 1.7 Trillion.
NOTE: President’ Bush’s last budget had the largest deficit
in the history of the world and Country!

*Fiscal Year 2010 President Obama’s first budget was - 1.3 Trillion

Please see Blog entry of October 25, 2010 about the Fox and GOtP lies about the Debt and Deficit.