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Seniors Take Note

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Newscom

"We are saying a 10-year balance -- that's tougher than the last [Paul] Ryan budget," Rep. Mike Simpson (R-ID), a former Budget Committee member told Politico.

"There could be a significant number of Republicans that say, 'I'm not going there because it would be too dramatic.' I have said to my constituents, nobody is talking about changing Social Security and Medicare if you're 55 years or over.' I've been selling it for three or four years that way. So have many other members. Well, to balance in 10, that 55 years is going to move up to 58, 59, 60. It makes us look like we're going back on what we were telling people when we were trying to sell this.

We haven't seen Ryan's latest budget, so we don't know what precise ratio of funny math and concessions to reality he'll use to make the numbers work. And until he's written it he won't offer many hints.

But we do know a couple things. First, given Republicans' famous preference for never increasing taxes or cutting defense spending, we know that it's probably impossible for them to draft a budget that balances in 10 years without eating into entitlement benefits for people older than 55. Second, per above, we know that GOP leaders promised conservatives a budget that balances over 10 years to win their support for increasing the debt limit. So either Ryan will produce a budget that relies on sleight of hand more than his previous budgets did, or he'll have to admit that the GOP's pledge to leave retirement programs untouched for people over 55 was neither sincere nor sustainable.

As Simpson's quote suggests, that'll make it harder for Republicans to pass a budget at all; and if they do, it'll come at a potentially enormous cost with their voting base.