I guess it wasn’t such a hot idea after all to let Rep. Ryan (R-WI) score his own budget.
This is a story that deserves a lot of attention. For weeks, DC has been fawning over Rep. Paul Ryan’s ‘courageous’ Social Security and Medicare-slashing budget as a brave attempt to deal with mounting federal deficits. But it turns out the CBO didn’t really score his budget as he suggested. He asked him to score it on the basis of assuming his numbers were right.
But now an outside group has actually scored it and it turns out it leaves deficits much bigger than President Obama’s budget plan.
But hey, he’s the toast of Washington even though his numbers are pure fantasy.