And a post by blog chieftain Ezra Klein on “Five huge things we still don’t know about Paul Ryan’s budget” stated plainly what many news reports missed, or at least failed to emphasize, about the vagaries in the latest Ryan proposal.
Klein writes that:
Making matters more difficult is that Ryan’s tax-reform targets—which have been downgraded in this budget to mere “goals”— are deeply implausible, requiring, in the estimation of experts I’ve spoken to, at least $5 trillion in offsets. If Ways and Means cheats by passing a tax reform that is, in reality, a large tax cut, suddenly Ryan’s budget might actually be a huge deficit-buster.
And later adds:
…much of Ryan’s budget boils down to, “trust me,” or at least, “trust the House Republican Conference.” Without the details on tax reform, there’s no way for us to verify that the tax and spending sides of the budget really add up.
The downside to the Wonkblog’s strong work? Much of it never appears in the print version of The Washington Post
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