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Wednesday, April 1, 2009

Republicans Budget Alternative to Obama

House Republicans released the full version of their alternative budget plan on Wednesday after critics called their March 26 release vague and lacking hard numbers.

When the first version of the Republicans’ alternative to the Obama administration’s budget was released, White House Press Secretary Robert Gibbs quipped, "It took me several minutes to read it."

He also dismissed the budget as coming from “the party of 'no new ideas.'"

Rep. Paul Ryan (R-WI), who drafted the GOP proposal, says he is alarmed at how much the Obama administration plans to spend. In a Wall Street Journal opinion piece, he said that Democrats "are attempting to bring about the third and final great wave of progressivism, building on top of the New Deal and the Great Society.

He added that if the president's budget passes, "it will mark this period in history as the moment America turned European."

To prevent this from happening, the alternative budget proposal seeks to undo most of the stimulus spending and to freeze discretionary spending on domestic programs, which the proposal describes as "a host of spending programs that will do nothing to help our economy recover." - CBS News Story

Full Republican Budget

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