LOL, this is as bad as someone citing a WND article. Srsly? Could it really get any less objective and factually anemic? It's just a bunch of hollow talking points that don't address any real numbers or credible comparisons to democratic budget proposals.
If there is any problem at all with Ryan's plan it is that it doesn't cut deep enough into our spending problem. Imagine how polarized things have become that the one person actually proposing something that will only MODERATELY help our future gets labeled as an extremist by disgusting politicians drunk with their own ambitions who care more about their own political futures than long-term stability for the next generation that will soon be drowning in debt and a greek-esque future. And yes, it is actually true that even with Ryan's plan we will not fully fix the problem and debt will increase, however, it will increase FAR LESS than if nothing is done at all. That's why the article is so misleading.
As far as the tax cuts, it will simultaneously include plugging up many of the loopholes used for tax evasion. We need to stay competitive with Europe.
Our corporate tax rate is one of the highest in the world, far surpassing any corporate tax rates of Europe. How the hell are we supposed to stay competitive without lowering taxes?
BTW, here is a far better article on the Paul Ryan proposals:"The proposal, authored by Budget Chairman Rep. Paul Ryan (R-Wis.), calls for spending cuts and tax changes that would put the nation on course to wipe out deficits and balance the budget by 2040. The national debt would continue to rise but would shrink to the historic norm as a percentage of an expanding economy."http://www.washingtonpost.com/business/economy/gop-budget-plan-cuts-deeply-into-domestic-programs-reshapes-medicare-medicaid/2012/03/20/gIQAxFbQPS_story.html