Paul Krugman writes that there really is a bold serious courageous budget plan that (unike Paul Ryan’s plan) actually could balance the budget by 2021. It is a plan put forward by the Congressional Progressive Caucus, According to Krugman, among other things this plan would substantially raise taxes on the wealthy, modestly raise taxes on the middle class, raise the Social Security cap, and cut spending mostly out of the defense budget.
I don’t think a modest tax increase on the middle class is politically tenable right now — it probably will have to happen eventually — but the rest is likely to be acceptable to most voters, seems to me.
The difference between the Progressive Caucus budget and the Repubican Ryan budget is that the Progressive Caucus budget is primarily about decreasing the deficit. The Ryan budget, on the other hand, is a proposal to dismantle what’s left of the New Deal and Great Society and otherwise shred the social contract that sustains middle class life in America — disguised as a budget proposal.
Elsewhere — Steve Benen writes there are plans afoot by Democrats to bring up the Ryan Budget for a vote on the floor of the Senate to force Republican senators to go on record for or against it.