Unfortunately if you can see that tiny print at the bottom, the CFRB is using CBO reports on Obama's budget, versus using ummm...no one....to calculate Paul Ryan's budget. My only assumption is they must be defaulting to Ryan's budget calculations. I don't need to rehash the criticisms of this budget proposal, but let's just say Heritage has been reforming its user access to its data sets lately. I just don't understand the point of this report. Why did the CFRB not just put out a detailed analysis of the President's budget? Why did it have to compare it to other budgets if they were not also doing the analysis of those budgets? I wonder if this has something to do with Paul Ryan giving his plan first. By being the first to speak, he became the rule setter of the debate. He was the person out on their own showing courage. Whereas when Obama entered the conversation it became a debate because there were now two opposing arguments. Whatever dynamic is going on here, this seems a tad bit irresponsible to me.
Thursday, April 21, 2011
Holy Math Mistakes Batman! I read a Fox News article claiming that the administration overestimated the savings for its long run budget plan by 1.8 trillion dollars. I knew nothing about this story had to be true. I mean the story doesn't even have a writer's name attached, it most likely was plugged into the algorithms' used to attack any Secular Kenyan Socialist President, but I digress. The interesting tid bit was this story was actually quoting a Committee for a Responsible Budget report claiming that the administration overestimated long-term savings, and the real kicker, Representative Ryan's plan did not. When reading this I knew there was something afoot. Let's go to the charts. This is the first chart of the report, and it appears to show this difference in deficit projections: