Bruce Bartlett slams Paul Ryan's budget:
It is less of a wish list than a fairy tale utterly disconnected from the real world, backed up by make-believe numbers and unreasonable assumptions. Ryan’s plan isn’t even an act of courage; it’s just pandering to the Tea Party. A real act of courage would have been for him to admit, as all serious budget analysts know, that revenues will have to rise well above 19 percent of GDP to stabilize the debt.
Meanwhile, David Frum, who blasted Ryan's plan on Wednesday, lists those parts of the plan he likes. Money quote:
1) The Ryan plan accepts that tax cuts must be “paid for” with offsets elsewhere in the budget. That’s a welcome departure from the tax cut + borrow approach of the past.
2) The Ryan plan redirects Republicans away from the illusion that budgets can be balanced with cuts to NPR, foreign aid, etc. The money is in healthcare – and Ryan has started an important Republican discussion about healthcare.
In other words, it's a start.
The Dish 