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	<title>Comments on: The President&#8217;s bigger budget</title>
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		<title>By: georgia health</title>
		<link>http://keithhennessey.com/2010/02/01/bigger-budget/comment-page-2/#comment-16288</link>
		<dc:creator>georgia health</dc:creator>
		<pubDate>Wed, 05 May 2010 23:40:19 +0000</pubDate>
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		<description>He is going to spend all and i mean ALL of our money. This health insurance reform is going to cost us big and will most likely ruin financial america. Thanks god we have the chineese to fall back on for jobs. &lt;div class=&quot;comment-remix-meta&quot;&gt;&lt;a href=&quot;#&quot; class=&quot;replyto&quot; onclick=&quot;replyto(&#039;16288&#039;,&#039;georgia health&#039;); return false;&quot;&gt;Reply&lt;/a&gt;  - &lt;a href=&quot;#&quot; class=&quot;quote&quot; onclick=&quot;quote(&#039;16288&#039;,&#039;georgia health&#039;,&#039;He is going to spend all and i mean ALL of our money. This health insurance reform is going to cost us big and will most likely ruin financial america. Thanks god we have the chineese to fall back on for jobs. &#039;); return false;&quot;&gt;Quote&lt;/a&gt;&lt;/div&gt;</description>
		<content:encoded><![CDATA[<p>He is going to spend all and i mean ALL of our money. This health insurance reform is going to cost us big and will most likely ruin financial america. Thanks god we have the chineese to fall back on for jobs.
<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('16288','georgia health'); return false;">Reply</a>  &#8211; <a href="#" class="quote" onclick="quote('16288','georgia health','He is going to spend all and i mean ALL of our money. This health insurance reform is going to cost us big and will most likely ruin financial america. Thanks god we have the chineese to fall back on for jobs. '); return false;">Quote</a></div>
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		<title>By: Bookworm Room &#187; The most recent round of Watcher&#8217;s Winners</title>
		<link>http://keithhennessey.com/2010/02/01/bigger-budget/comment-page-2/#comment-15168</link>
		<dc:creator>Bookworm Room &#187; The most recent round of Watcher&#8217;s Winners</dc:creator>
		<pubDate>Tue, 09 Feb 2010 21:18:20 +0000</pubDate>
		<guid isPermaLink="false">http://keithhennessey.com/2010/02/01/bigger-budget/#comment-15168</guid>
		<description></description>
		<content:encoded><![CDATA[<p>[...] Fifth place with 2/3 points â€“ KeithHennessey.com &#8211; The Presidentâ€™s Bigger Budget [...]
<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('15168','Bookworm Room &amp;raquo; The most recent round of Watcher&amp;#8217;s Winners'); return false;">Reply</a>  &#8211; <a href="#" class="quote" onclick="quote('15168','Bookworm Room &amp;raquo; The most recent round of Watcher&amp;#8217;s Winners','&amp;#91;...&amp;#93; Fifth place with 2\/3 points &acirc;€“ KeithHennessey.com - The President&acirc;€™s Bigger Budget &amp;#91;...&amp;#93;'); return false;">Quote</a></div>
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		<title>By: Brooks</title>
		<link>http://keithhennessey.com/2010/02/01/bigger-budget/comment-page-2/#comment-15154</link>
		<dc:creator>Brooks</dc:creator>
		<pubDate>Tue, 09 Feb 2010 00:39:36 +0000</pubDate>
		<guid isPermaLink="false">http://keithhennessey.com/2010/02/01/bigger-budget/#comment-15154</guid>
		<description>Ryan&#039;s plan at least applies means testing to do #1. I don&#039;t know whether or not the means testing goes as far as to eliminate eligibility for some altogether (reducing the number of beneficiaries). I think it also increases the retirement age, with is the other way of reducing the number of beneficiaries). 
 
Regarding your #1, perhaps part of the solution will be a cap per beneficiary (what do you mean by &quot;soft cap&quot; -- different levels for different people? some types of exceptions?). Probably rationing via both &lt;i&gt;direct&lt;/i&gt; means (more denials by Medicare of authorization for requested treatments) and  &lt;i&gt;indirect&lt;/i&gt; means -- (1) changing the basis of provider compensation in ways (capitation, bundling, etc.) that incentivizes them to provide/prescribe less [or less expensive] healthcare (or looked at from the other side of the coin, incentivizes them less for providing/prescribing more healthcare) and to say &quot;no&quot; to the patient more often, (2) reducing compensation of providers and manufacturers of drugs and medical equipment with the drawback of less quantity and quality, and (3) probably more that doesn&#039;t come to mind at the moment. There are some good papers on the subject (available online) by think tanks and coalitions of think tank members. &lt;div class=&quot;comment-remix-meta&quot;&gt;&lt;a href=&quot;#&quot; class=&quot;replyto&quot; onclick=&quot;replyto(&#039;15154&#039;,&#039;Brooks&#039;); return false;&quot;&gt;Reply&lt;/a&gt;  - &lt;a href=&quot;#&quot; class=&quot;quote&quot; onclick=&quot;quote(&#039;15154&#039;,&#039;Brooks&#039;,&#039;Ryan&#039;s plan at least applies means testing to do #1. I don&#039;t know whether or not the means testing goes as far as to eliminate eligibility for some altogether (reducing the number of beneficiaries). I think it also increases the retirement age, with is the other way of reducing the number of beneficiaries). \n \nRegarding your #1, perhaps part of the solution will be a cap per beneficiary (what do you mean by &quot;soft cap&quot; -- different levels for different people? some types of exceptions?). Probably rationing via both &lt;i&gt;direct&lt;\/i&gt; means (more denials by Medicare of authorization for requested treatments) and  &lt;i&gt;indirect&lt;\/i&gt; means -- (1) changing the basis of provider compensation in ways (capitation, bundling, etc.) that incentivizes them to provide\/prescribe less &#091;or less expensive&#093; healthcare (or looked at from the other side of the coin, incentivizes them less for providing\/prescribing more healthcare) and to say &quot;no&quot; to the patient more often, (2) reducing compensation of providers and manufacturers of drugs and medical equipment with the drawback of less quantity and quality, and (3) probably more that doesn&#039;t come to mind at the moment. There are some good papers on the subject (available online) by think tanks and coalitions of think tank members. &#039;); return false;&quot;&gt;Quote&lt;/a&gt;&lt;/div&gt;</description>
		<content:encoded><![CDATA[<p>Ryan&#039;s plan at least applies means testing to do #1. I don&#039;t know whether or not the means testing goes as far as to eliminate eligibility for some altogether (reducing the number of beneficiaries). I think it also increases the retirement age, with is the other way of reducing the number of beneficiaries). </p>
<p>Regarding your #1, perhaps part of the solution will be a cap per beneficiary (what do you mean by &quot;soft cap&quot; &#8212; different levels for different people? some types of exceptions?). Probably rationing via both <i>direct</i> means (more denials by Medicare of authorization for requested treatments) and  <i>indirect</i> means &#8212; (1) changing the basis of provider compensation in ways (capitation, bundling, etc.) that incentivizes them to provide/prescribe less [or less expensive] healthcare (or looked at from the other side of the coin, incentivizes them less for providing/prescribing more healthcare) and to say &quot;no&quot; to the patient more often, (2) reducing compensation of providers and manufacturers of drugs and medical equipment with the drawback of less quantity and quality, and (3) probably more that doesn&#039;t come to mind at the moment. There are some good papers on the subject (available online) by think tanks and coalitions of think tank members.
<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('15154','Brooks'); return false;">Reply</a>  &#8211; <a href="#" class="quote" onclick="quote('15154','Brooks','Ryan&amp;#039;s plan at least applies means testing to do #1. I don&amp;#039;t know whether or not the means testing goes as far as to eliminate eligibility for some altogether (reducing the number of beneficiaries). I think it also increases the retirement age, with is the other way of reducing the number of beneficiaries). \n \nRegarding your #1, perhaps part of the solution will be a cap per beneficiary (what do you mean by &amp;quot;soft cap&amp;quot; -- different levels for different people? some types of exceptions?). Probably rationing via both &lt;i&gt;direct&lt;\/i&gt; means (more denials by Medicare of authorization for requested treatments) and  &lt;i&gt;indirect&lt;\/i&gt; means -- (1) changing the basis of provider compensation in ways (capitation, bundling, etc.) that incentivizes them to provide\/prescribe less &amp;#91;or less expensive&amp;#93; healthcare (or looked at from the other side of the coin, incentivizes them less for providing\/prescribing more healthcare) and to say &amp;quot;no&amp;quot; to the patient more often, (2) reducing compensation of providers and manufacturers of drugs and medical equipment with the drawback of less quantity and quality, and (3) probably more that doesn&amp;#039;t come to mind at the moment. There are some good papers on the subject (available online) by think tanks and coalitions of think tank members. '); return false;">Quote</a></div>
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		<title>By: SteveinCH</title>
		<link>http://keithhennessey.com/2010/02/01/bigger-budget/comment-page-2/#comment-15153</link>
		<dc:creator>SteveinCH</dc:creator>
		<pubDate>Tue, 09 Feb 2010 00:06:54 +0000</pubDate>
		<guid isPermaLink="false">http://keithhennessey.com/2010/02/01/bigger-budget/#comment-15153</guid>
		<description>Brooks, 
 
I think the only realistic solutions involve either  
 
1.  Capping (hard or soft) Medicare costs per beneficiary. 
 
2.  Dramatically reducing the base (via means testing) 
 
3.  Both 1 and 2. 
 
Ryan&#039;s plan is an example of 1.  Personally I favor 3 but with a good chunk of 2 in the mix because 2 is what makes a difference in the short to medium term &lt;div class=&quot;comment-remix-meta&quot;&gt;&lt;a href=&quot;#&quot; class=&quot;replyto&quot; onclick=&quot;replyto(&#039;15153&#039;,&#039;SteveinCH&#039;); return false;&quot;&gt;Reply&lt;/a&gt;  - &lt;a href=&quot;#&quot; class=&quot;quote&quot; onclick=&quot;quote(&#039;15153&#039;,&#039;SteveinCH&#039;,&#039;Brooks, \n \nI think the only realistic solutions involve either  \n \n1.  Capping (hard or soft) Medicare costs per beneficiary. \n \n2.  Dramatically reducing the base (via means testing) \n \n3.  Both 1 and 2. \n \nRyan&#039;s plan is an example of 1.  Personally I favor 3 but with a good chunk of 2 in the mix because 2 is what makes a difference in the short to medium term &#039;); return false;&quot;&gt;Quote&lt;/a&gt;&lt;/div&gt;</description>
		<content:encoded><![CDATA[<p>Brooks, </p>
<p>I think the only realistic solutions involve either  </p>
<p>1.  Capping (hard or soft) Medicare costs per beneficiary. </p>
<p>2.  Dramatically reducing the base (via means testing) </p>
<p>3.  Both 1 and 2. </p>
<p>Ryan&#039;s plan is an example of 1.  Personally I favor 3 but with a good chunk of 2 in the mix because 2 is what makes a difference in the short to medium term
<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('15153','SteveinCH'); return false;">Reply</a>  &#8211; <a href="#" class="quote" onclick="quote('15153','SteveinCH','Brooks, \n \nI think the only realistic solutions involve either  \n \n1.  Capping (hard or soft) Medicare costs per beneficiary. \n \n2.  Dramatically reducing the base (via means testing) \n \n3.  Both 1 and 2. \n \nRyan&amp;#039;s plan is an example of 1.  Personally I favor 3 but with a good chunk of 2 in the mix because 2 is what makes a difference in the short to medium term '); return false;">Quote</a></div>
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		<title>By: Brooks</title>
		<link>http://keithhennessey.com/2010/02/01/bigger-budget/comment-page-2/#comment-15152</link>
		<dc:creator>Brooks</dc:creator>
		<pubDate>Mon, 08 Feb 2010 23:34:38 +0000</pubDate>
		<guid isPermaLink="false">http://keithhennessey.com/2010/02/01/bigger-budget/#comment-15152</guid>
		<description>As I think you know, the pervasive, fundamental conceptual confusion over SS &quot;solvency&quot; is a pet peeve of mine on an intellectual level and in terms of frustration that so much related discussion is on a completely irrational basis. And it&#039;s not just limited to discussion directly-related to how much Social Security contributes to our overall long-term fiscal imbalance or whether we should raise FICA SS taxation or reduce benefits and/or eligibility as we try to solve our fiscal imbalance problem; it also worms its way into consideration of other policies. For example, many say that the best kind of tax cut for immediate stimulus is a cut in payroll taxes, but I&#039;ve heard people argue that we can&#039;t do that, because that would adversely impact Social Security&#039;s &quot;solvency&quot;.  But I&#039;ve seen a lot -- a lot -- of very smart people stuck in that irrational conceptual and analytical framework re: SS. It doesn&#039;t help that there are experts out there abusing the credibility they have as a function of their expertise to perpetuate this confusion -- e.g., Dean Baker, whom, as you know, Stan Collender recently applauded for a snarky comment on this issue (Is there an economics blogger of the left that Stan &lt;i&gt;hasn&#039;t&lt;/i&gt; applauded recently?) 
 
Re: numbers, I hope that the various non-governmental commissions (Peterson-Pew; Bipartisan Policy Center; any others), and White House-initiated commission if one is created, at least lay out some alternative solutions that are credibly scored (preferably with at least one version of scoring using a prudent application of dynamic analysis) and add up to projections of debt/GDP, deficits, and impact on growth that would be fiscally responsible and that would be as close as possible to something politically feasible someday soon.  &lt;div class=&quot;comment-remix-meta&quot;&gt;&lt;a href=&quot;#&quot; class=&quot;replyto&quot; onclick=&quot;replyto(&#039;15152&#039;,&#039;Brooks&#039;); return false;&quot;&gt;Reply&lt;/a&gt;  - &lt;a href=&quot;#&quot; class=&quot;quote&quot; onclick=&quot;quote(&#039;15152&#039;,&#039;Brooks&#039;,&#039;As I think you know, the pervasive, fundamental conceptual confusion over SS &quot;solvency&quot; is a pet peeve of mine on an intellectual level and in terms of frustration that so much related discussion is on a completely irrational basis. And it&#039;s not just limited to discussion directly-related to how much Social Security contributes to our overall long-term fiscal imbalance or whether we should raise FICA SS taxation or reduce benefits and\/or eligibility as we try to solve our fiscal imbalance problem; it also worms its way into consideration of other policies. For example, many say that the best kind of tax cut for immediate stimulus is a cut in payroll taxes, but I&#039;ve heard people argue that we can&#039;t do that, because that would adversely impact Social Security&#039;s &quot;solvency&quot;.  But I&#039;ve seen a lot -- a lot -- of very smart people stuck in that irrational conceptual and analytical framework re: SS. It doesn&#039;t help that there are experts out there abusing the credibility they have as a function of their expertise to perpetuate this confusion -- e.g., Dean Baker, whom, as you know, Stan Collender recently applauded for a snarky comment on this issue (Is there an economics blogger of the left that Stan &lt;i&gt;hasn&#039;t&lt;\/i&gt; applauded recently?) \n \nRe: numbers, I hope that the various non-governmental commissions (Peterson-Pew; Bipartisan Policy Center; any others), and White House-initiated commission if one is created, at least lay out some alternative solutions that are credibly scored (preferably with at least one version of scoring using a prudent application of dynamic analysis) and add up to projections of debt\/GDP, deficits, and impact on growth that would be fiscally responsible and that would be as close as possible to something politically feasible someday soon.  &#039;); return false;&quot;&gt;Quote&lt;/a&gt;&lt;/div&gt;</description>
		<content:encoded><![CDATA[<p>As I think you know, the pervasive, fundamental conceptual confusion over SS &quot;solvency&quot; is a pet peeve of mine on an intellectual level and in terms of frustration that so much related discussion is on a completely irrational basis. And it&#039;s not just limited to discussion directly-related to how much Social Security contributes to our overall long-term fiscal imbalance or whether we should raise FICA SS taxation or reduce benefits and/or eligibility as we try to solve our fiscal imbalance problem; it also worms its way into consideration of other policies. For example, many say that the best kind of tax cut for immediate stimulus is a cut in payroll taxes, but I&#039;ve heard people argue that we can&#039;t do that, because that would adversely impact Social Security&#039;s &quot;solvency&quot;.  But I&#039;ve seen a lot &#8212; a lot &#8212; of very smart people stuck in that irrational conceptual and analytical framework re: SS. It doesn&#039;t help that there are experts out there abusing the credibility they have as a function of their expertise to perpetuate this confusion &#8212; e.g., Dean Baker, whom, as you know, Stan Collender recently applauded for a snarky comment on this issue (Is there an economics blogger of the left that Stan <i>hasn&#039;t</i> applauded recently?) </p>
<p>Re: numbers, I hope that the various non-governmental commissions (Peterson-Pew; Bipartisan Policy Center; any others), and White House-initiated commission if one is created, at least lay out some alternative solutions that are credibly scored (preferably with at least one version of scoring using a prudent application of dynamic analysis) and add up to projections of debt/GDP, deficits, and impact on growth that would be fiscally responsible and that would be as close as possible to something politically feasible someday soon.
<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('15152','Brooks'); return false;">Reply</a>  &#8211; <a href="#" class="quote" onclick="quote('15152','Brooks','As I think you know, the pervasive, fundamental conceptual confusion over SS &amp;quot;solvency&amp;quot; is a pet peeve of mine on an intellectual level and in terms of frustration that so much related discussion is on a completely irrational basis. And it&amp;#039;s not just limited to discussion directly-related to how much Social Security contributes to our overall long-term fiscal imbalance or whether we should raise FICA SS taxation or reduce benefits and\/or eligibility as we try to solve our fiscal imbalance problem; it also worms its way into consideration of other policies. For example, many say that the best kind of tax cut for immediate stimulus is a cut in payroll taxes, but I&amp;#039;ve heard people argue that we can&amp;#039;t do that, because that would adversely impact Social Security&amp;#039;s &amp;quot;solvency&amp;quot;.  But I&amp;#039;ve seen a lot -- a lot -- of very smart people stuck in that irrational conceptual and analytical framework re: SS. It doesn&amp;#039;t help that there are experts out there abusing the credibility they have as a function of their expertise to perpetuate this confusion -- e.g., Dean Baker, whom, as you know, Stan Collender recently applauded for a snarky comment on this issue (Is there an economics blogger of the left that Stan &lt;i&gt;hasn&amp;#039;t&lt;\/i&gt; applauded recently?) \n \nRe: numbers, I hope that the various non-governmental commissions (Peterson-Pew; Bipartisan Policy Center; any others), and White House-initiated commission if one is created, at least lay out some alternative solutions that are credibly scored (preferably with at least one version of scoring using a prudent application of dynamic analysis) and add up to projections of debt\/GDP, deficits, and impact on growth that would be fiscally responsible and that would be as close as possible to something politically feasible someday soon.  '); return false;">Quote</a></div>
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		<title>By: Brooks</title>
		<link>http://keithhennessey.com/2010/02/01/bigger-budget/comment-page-2/#comment-15151</link>
		<dc:creator>Brooks</dc:creator>
		<pubDate>Mon, 08 Feb 2010 23:17:28 +0000</pubDate>
		<guid isPermaLink="false">http://keithhennessey.com/2010/02/01/bigger-budget/#comment-15151</guid>
		<description>I agree with Ezra Klein that Ryan deserves credit for at least putting something out there that gets somewhere. I&#039;m not well-versed in his plan, but per Ezra Klein, CBO scored it, so it&#039;s apparently not just a bunch of vague concepts without any idea of budgetary impact. Robert Samuelson, in his column today, also separates out Ryan: &quot;It&#039;s also true that Republican presidents and congressional leaders (some exceptions: Rep. Paul Ryan and Sen. Judd Gregg) have ducked the hard questions.&quot; &lt;a href=&quot;http://www.washingtonpost.com/wp-dyn/content/article/2010/02/07/AR2010020701785.html?sub=AR&quot; target=&quot;_blank&quot;&gt;http://www.washingtonpost.com/wp-dyn/content/arti...&lt;/a&gt;  
 
The politically problematic part I see is probably the key to the whole thing: his capping of Medicare benefits per beneficiary by a particular dollar amount (albeit somewhat means-tested) via a voucher, thus shifting any additional costs to beneficiaries (seniors). The only thing that makes it possibly above a complete non-starter politically is that this structure wouldn&#039;t apply to anyone 55 or over, the people with these benefits most on their minds. &lt;div class=&quot;comment-remix-meta&quot;&gt;&lt;a href=&quot;#&quot; class=&quot;replyto&quot; onclick=&quot;replyto(&#039;15151&#039;,&#039;Brooks&#039;); return false;&quot;&gt;Reply&lt;/a&gt;  - &lt;a href=&quot;#&quot; class=&quot;quote&quot; onclick=&quot;quote(&#039;15151&#039;,&#039;Brooks&#039;,&#039;I agree with Ezra Klein that Ryan deserves credit for at least putting something out there that gets somewhere. I&#039;m not well-versed in his plan, but per Ezra Klein, CBO scored it, so it&#039;s apparently not just a bunch of vague concepts without any idea of budgetary impact. Robert Samuelson, in his column today, also separates out Ryan: &quot;It&#039;s also true that Republican presidents and congressional leaders (some exceptions: Rep. Paul Ryan and Sen. Judd Gregg) have ducked the hard questions.&quot; &lt;a href=\&quot;http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2010\/02\/07\/AR2010020701785.html?sub=AR\&quot; target=\&quot;_blank\&quot;&gt;http:\/\/www.washingtonpost.com\/wp-dyn\/content\/arti...&lt;\/a&gt;  \n \nThe politically problematic part I see is probably the key to the whole thing: his capping of Medicare benefits per beneficiary by a particular dollar amount (albeit somewhat means-tested) via a voucher, thus shifting any additional costs to beneficiaries (seniors). The only thing that makes it possibly above a complete non-starter politically is that this structure wouldn&#039;t apply to anyone 55 or over, the people with these benefits most on their minds. &#039;); return false;&quot;&gt;Quote&lt;/a&gt;&lt;/div&gt;</description>
		<content:encoded><![CDATA[<p>I agree with Ezra Klein that Ryan deserves credit for at least putting something out there that gets somewhere. I&#039;m not well-versed in his plan, but per Ezra Klein, CBO scored it, so it&#039;s apparently not just a bunch of vague concepts without any idea of budgetary impact. Robert Samuelson, in his column today, also separates out Ryan: &quot;It&#039;s also true that Republican presidents and congressional leaders (some exceptions: Rep. Paul Ryan and Sen. Judd Gregg) have ducked the hard questions.&quot; <a href="http://www.washingtonpost.com/wp-dyn/content/article/2010/02/07/AR2010020701785.html?sub=AR" target="_blank"></a><a href="http://www.washingtonpost.com/wp-dyn/content/arti.." rel="nofollow">http://www.washingtonpost.com/wp-dyn/content/arti..</a>.  </p>
<p>The politically problematic part I see is probably the key to the whole thing: his capping of Medicare benefits per beneficiary by a particular dollar amount (albeit somewhat means-tested) via a voucher, thus shifting any additional costs to beneficiaries (seniors). The only thing that makes it possibly above a complete non-starter politically is that this structure wouldn&#039;t apply to anyone 55 or over, the people with these benefits most on their minds.
<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('15151','Brooks'); return false;">Reply</a>  &#8211; <a href="#" class="quote" onclick="quote('15151','Brooks','I agree with Ezra Klein that Ryan deserves credit for at least putting something out there that gets somewhere. I&amp;#039;m not well-versed in his plan, but per Ezra Klein, CBO scored it, so it&amp;#039;s apparently not just a bunch of vague concepts without any idea of budgetary impact. Robert Samuelson, in his column today, also separates out Ryan: &amp;quot;It&amp;#039;s also true that Republican presidents and congressional leaders (some exceptions: Rep. Paul Ryan and Sen. Judd Gregg) have ducked the hard questions.&amp;quot; &lt;a href=\&quot;http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2010\/02\/07\/AR2010020701785.html?sub=AR\&quot; target=\&quot;_blank\&quot;&gt;http:\/\/www.washingtonpost.com\/wp-dyn\/content\/arti...&lt;\/a&gt;  \n \nThe politically problematic part I see is probably the key to the whole thing: his capping of Medicare benefits per beneficiary by a particular dollar amount (albeit somewhat means-tested) via a voucher, thus shifting any additional costs to beneficiaries (seniors). The only thing that makes it possibly above a complete non-starter politically is that this structure wouldn&amp;#039;t apply to anyone 55 or over, the people with these benefits most on their minds. '); return false;">Quote</a></div>
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		<title>By: SteveinCH</title>
		<link>http://keithhennessey.com/2010/02/01/bigger-budget/comment-page-2/#comment-15142</link>
		<dc:creator>SteveinCH</dc:creator>
		<pubDate>Mon, 08 Feb 2010 15:52:55 +0000</pubDate>
		<guid isPermaLink="false">http://keithhennessey.com/2010/02/01/bigger-budget/#comment-15142</guid>
		<description>Brooks, 
 
It&#039;s really too bad.  His solution is to raise taxes by and large. 
 
Eliminate tax deductions, raise rates maybe tinker on the margin with SS (BTW, he clearly buys the canard that SS solvency is a relevant discussion) and problem solved. 
 
He doesn&#039;t provide any numbers so I can&#039;t judge whether it actually balances, but, if it does, it sounds like it balances with the Feds taking 23 or 24 percent of GDP.  Not a solution I&#039;d like very much. &lt;div class=&quot;comment-remix-meta&quot;&gt;&lt;a href=&quot;#&quot; class=&quot;replyto&quot; onclick=&quot;replyto(&#039;15142&#039;,&#039;SteveinCH&#039;); return false;&quot;&gt;Reply&lt;/a&gt;  - &lt;a href=&quot;#&quot; class=&quot;quote&quot; onclick=&quot;quote(&#039;15142&#039;,&#039;SteveinCH&#039;,&#039;Brooks, \n \nIt&#039;s really too bad.  His solution is to raise taxes by and large. \n \nEliminate tax deductions, raise rates maybe tinker on the margin with SS (BTW, he clearly buys the canard that SS solvency is a relevant discussion) and problem solved. \n \nHe doesn&#039;t provide any numbers so I can&#039;t judge whether it actually balances, but, if it does, it sounds like it balances with the Feds taking 23 or 24 percent of GDP.  Not a solution I&#039;d like very much. &#039;); return false;&quot;&gt;Quote&lt;/a&gt;&lt;/div&gt;</description>
		<content:encoded><![CDATA[<p>Brooks, </p>
<p>It&#039;s really too bad.  His solution is to raise taxes by and large. </p>
<p>Eliminate tax deductions, raise rates maybe tinker on the margin with SS (BTW, he clearly buys the canard that SS solvency is a relevant discussion) and problem solved. </p>
<p>He doesn&#039;t provide any numbers so I can&#039;t judge whether it actually balances, but, if it does, it sounds like it balances with the Feds taking 23 or 24 percent of GDP.  Not a solution I&#039;d like very much.
<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('15142','SteveinCH'); return false;">Reply</a>  &#8211; <a href="#" class="quote" onclick="quote('15142','SteveinCH','Brooks, \n \nIt&amp;#039;s really too bad.  His solution is to raise taxes by and large. \n \nEliminate tax deductions, raise rates maybe tinker on the margin with SS (BTW, he clearly buys the canard that SS solvency is a relevant discussion) and problem solved. \n \nHe doesn&amp;#039;t provide any numbers so I can&amp;#039;t judge whether it actually balances, but, if it does, it sounds like it balances with the Feds taking 23 or 24 percent of GDP.  Not a solution I&amp;#039;d like very much. '); return false;">Quote</a></div>
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		<title>By: SteveinCH</title>
		<link>http://keithhennessey.com/2010/02/01/bigger-budget/comment-page-2/#comment-15141</link>
		<dc:creator>SteveinCH</dc:creator>
		<pubDate>Mon, 08 Feb 2010 15:49:16 +0000</pubDate>
		<guid isPermaLink="false">http://keithhennessey.com/2010/02/01/bigger-budget/#comment-15141</guid>
		<description>Ryan&#039;s plan is interesting in some regards and much less so in others. 
 
The best part of the plan is it results in a long term balance which makes it the only plan I&#039;ve seen that does so. 
 
The worst parts about it are the &quot;assumption&quot; of 19% in tax receipts which looks a bit inconsistent with the policy prescriptions and the fact that it takes so long to get to balance.  His solution is far enough in the future that many things could change before he gets there.   
 
That said, for all the many critiques of the Ryan proposal, it seems at the moment to be the only one that adds to zero at any point in the future. &lt;div class=&quot;comment-remix-meta&quot;&gt;&lt;a href=&quot;#&quot; class=&quot;replyto&quot; onclick=&quot;replyto(&#039;15141&#039;,&#039;SteveinCH&#039;); return false;&quot;&gt;Reply&lt;/a&gt;  - &lt;a href=&quot;#&quot; class=&quot;quote&quot; onclick=&quot;quote(&#039;15141&#039;,&#039;SteveinCH&#039;,&#039;Ryan&#039;s plan is interesting in some regards and much less so in others. \n \nThe best part of the plan is it results in a long term balance which makes it the only plan I&#039;ve seen that does so. \n \nThe worst parts about it are the &quot;assumption&quot; of 19% in tax receipts which looks a bit inconsistent with the policy prescriptions and the fact that it takes so long to get to balance.  His solution is far enough in the future that many things could change before he gets there.   \n \nThat said, for all the many critiques of the Ryan proposal, it seems at the moment to be the only one that adds to zero at any point in the future. &#039;); return false;&quot;&gt;Quote&lt;/a&gt;&lt;/div&gt;</description>
		<content:encoded><![CDATA[<p>Ryan&#039;s plan is interesting in some regards and much less so in others. </p>
<p>The best part of the plan is it results in a long term balance which makes it the only plan I&#039;ve seen that does so. </p>
<p>The worst parts about it are the &quot;assumption&quot; of 19% in tax receipts which looks a bit inconsistent with the policy prescriptions and the fact that it takes so long to get to balance.  His solution is far enough in the future that many things could change before he gets there.   </p>
<p>That said, for all the many critiques of the Ryan proposal, it seems at the moment to be the only one that adds to zero at any point in the future.
<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('15141','SteveinCH'); return false;">Reply</a>  &#8211; <a href="#" class="quote" onclick="quote('15141','SteveinCH','Ryan&amp;#039;s plan is interesting in some regards and much less so in others. \n \nThe best part of the plan is it results in a long term balance which makes it the only plan I&amp;#039;ve seen that does so. \n \nThe worst parts about it are the &amp;quot;assumption&amp;quot; of 19% in tax receipts which looks a bit inconsistent with the policy prescriptions and the fact that it takes so long to get to balance.  His solution is far enough in the future that many things could change before he gets there.   \n \nThat said, for all the many critiques of the Ryan proposal, it seems at the moment to be the only one that adds to zero at any point in the future. '); return false;">Quote</a></div>
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		<title>By: Brooks</title>
		<link>http://keithhennessey.com/2010/02/01/bigger-budget/comment-page-2/#comment-15137</link>
		<dc:creator>Brooks</dc:creator>
		<pubDate>Mon, 08 Feb 2010 12:52:49 +0000</pubDate>
		<guid isPermaLink="false">http://keithhennessey.com/2010/02/01/bigger-budget/#comment-15137</guid>
		<description>George Will yesterday on Paul Ryan&#039;s plan &lt;a href=&quot;http://www.washingtonpost.com/wp-dyn/content/article/2010/02/05/AR2010020503475.html?nav=hcmoduletmv&quot; target=&quot;_blank&quot;&gt;http://www.washingtonpost.com/wp-dyn/content/arti...&lt;/a&gt; &lt;div class=&quot;comment-remix-meta&quot;&gt;&lt;a href=&quot;#&quot; class=&quot;replyto&quot; onclick=&quot;replyto(&#039;15137&#039;,&#039;Brooks&#039;); return false;&quot;&gt;Reply&lt;/a&gt;  - &lt;a href=&quot;#&quot; class=&quot;quote&quot; onclick=&quot;quote(&#039;15137&#039;,&#039;Brooks&#039;,&#039;George Will yesterday on Paul Ryan&#039;s plan &lt;a href=\&quot;http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2010\/02\/05\/AR2010020503475.html?nav=hcmoduletmv\&quot; target=\&quot;_blank\&quot;&gt;http:\/\/www.washingtonpost.com\/wp-dyn\/content\/arti...&lt;\/a&gt; &#039;); return false;&quot;&gt;Quote&lt;/a&gt;&lt;/div&gt;</description>
		<content:encoded><![CDATA[<p>George Will yesterday on Paul Ryan&#039;s plan <a href="http://www.washingtonpost.com/wp-dyn/content/article/2010/02/05/AR2010020503475.html?nav=hcmoduletmv" target="_blank"></a><a href="http://www.washingtonpost.com/wp-dyn/content/arti.." rel="nofollow">http://www.washingtonpost.com/wp-dyn/content/arti..</a>.
<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('15137','Brooks'); return false;">Reply</a>  &#8211; <a href="#" class="quote" onclick="quote('15137','Brooks','George Will yesterday on Paul Ryan&amp;#039;s plan &lt;a href=\&quot;http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2010\/02\/05\/AR2010020503475.html?nav=hcmoduletmv\&quot; target=\&quot;_blank\&quot;&gt;http:\/\/www.washingtonpost.com\/wp-dyn\/content\/arti...&lt;\/a&gt; '); return false;">Quote</a></div>
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		<title>By: Brooks</title>
		<link>http://keithhennessey.com/2010/02/01/bigger-budget/comment-page-2/#comment-15130</link>
		<dc:creator>Brooks</dc:creator>
		<pubDate>Sun, 07 Feb 2010 02:32:55 +0000</pubDate>
		<guid isPermaLink="false">http://keithhennessey.com/2010/02/01/bigger-budget/#comment-15130</guid>
		<description>Steve, 
FYI, Fareed Zakaria&#039;s solution &lt;a href=&quot;http://www.cnn.com/2010/OPINION/02/04/zakaria.budget.deficit/index.html&quot; target=&quot;_blank&quot;&gt;http://www.cnn.com/2010/OPINION/02/04/zakaria.bud...&lt;/a&gt; &lt;div class=&quot;comment-remix-meta&quot;&gt;&lt;a href=&quot;#&quot; class=&quot;replyto&quot; onclick=&quot;replyto(&#039;15130&#039;,&#039;Brooks&#039;); return false;&quot;&gt;Reply&lt;/a&gt;  - &lt;a href=&quot;#&quot; class=&quot;quote&quot; onclick=&quot;quote(&#039;15130&#039;,&#039;Brooks&#039;,&#039;Steve, \nFYI, Fareed Zakaria&#039;s solution &lt;a href=\&quot;http:\/\/www.cnn.com\/2010\/OPINION\/02\/04\/zakaria.budget.deficit\/index.html\&quot; target=\&quot;_blank\&quot;&gt;http:\/\/www.cnn.com\/2010\/OPINION\/02\/04\/zakaria.bud...&lt;\/a&gt; &#039;); return false;&quot;&gt;Quote&lt;/a&gt;&lt;/div&gt;</description>
		<content:encoded><![CDATA[<p>Steve,<br />
FYI, Fareed Zakaria&#039;s solution <a href="http://www.cnn.com/2010/OPINION/02/04/zakaria.budget.deficit/index.html" target="_blank"></a><a href="http://www.cnn.com/2010/OPINION/02/04/zakaria.bud.." rel="nofollow">http://www.cnn.com/2010/OPINION/02/04/zakaria.bud..</a>.
<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('15130','Brooks'); return false;">Reply</a>  &#8211; <a href="#" class="quote" onclick="quote('15130','Brooks','Steve, \nFYI, Fareed Zakaria&amp;#039;s solution &lt;a href=\&quot;http:\/\/www.cnn.com\/2010\/OPINION\/02\/04\/zakaria.budget.deficit\/index.html\&quot; target=\&quot;_blank\&quot;&gt;http:\/\/www.cnn.com\/2010\/OPINION\/02\/04\/zakaria.bud...&lt;\/a&gt; '); return false;">Quote</a></div>
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