Earlier today, I was on the great Fox Business show Varney & Co., talking with host Stuart Varney.
Here's the writeup:
"If Democrats are complaining that Paul Ryan's budget doesn't spend enough," says Reason's Nick Gillespie, "the real problem is it spends too much."
Gillespie appeared on Fox Business' Varney & Co. to discuss the controversial budget plan. Gillespie notes that Ryan's plan envisions the feds spending $3.5 trillion in fiscal year 2013 and $4.9 trillion in 2022. In no year does revenue match outlays, guaranteeing deficits and higher debt. "Paul Ryan's budget says we're going to spend an average of 20 percent of GDP each year for the next decade while bringing in 18 percent of GDP on average….It's better than Obama's plan, but it ain't good."
More on the Ryan budget here.