Posts Tagged ‘deficits’

Paul Ryan Shrugged

July 30, 2018

Paul Ryan Shrugged

House Speaker Paul Ryan (R, WI-1) has been a vocal deficit hawk for his entire congressional career, frightened inspired at an early age by conservative icon Ayn Rand, whose “Objectivist” pronunciamentos decried federal deficit financing. When Mr. Ryan became speaker in 2015, the deficit was $439 billion. When he leaves Congress in January, the massive tax cuts for corporations and the rich he championed will have ballooned the deficit to $1.2 trillion, and his tax cuts promise similar deficit increases for years to come. Ayn Rand must be rolling in her grave.

More:

“When Paul Ryan leaves government, the federal deficit will be $1.2 trillion higher than when he arrived,” Philip Bump, Washington Post

“Paul Ryan’s Legacy of Red Ink,” Michael Grunwald, Politico

“Paul Ryan’s Sad Legacy,” Derek Thompson, The Atlantic

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