Robert Reich: Ryan budget worse than Bush’s economic plan

By Eric W. Dolan
Wednesday, August 22, 2012 22:08 EDT
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University of California professor Robert Reich blasted Rep. Paul Ryan’s (R-WI) proposed budget plan, saying it would help the rich while hurting the poor.

“It’s much worse than what we tried under George W. Bush,” he said on Current TV. “The tax cuts that Ryan wants to provide to the very rich are multiples of the Bush tax cuts. The cuts in services and in programs for the poor are much more onerous than anything that Bush ever ever contemplated.”

Reich described Ryan as a “destroyer of entitlements.”

“He wants to take Medicaid and essentially give it out to the states with almost no federal support at all,” he explained. “He wants to turn Medicare into vouchers whose worth doesn’t even keep up with the projected cost of increases in health care.”

Ryan has insisted that his budget plan would not hurt the poor. The Wisconsin congressman claims that his budget would actually help those in poverty by spurring job growth.

Watch video, courtesy of Current TV, below:

Eric W. Dolan
Eric W. Dolan
Eric W. Dolan has served as an editor for Raw Story since August 2010, and is based out of Sacramento, California. He grew up in the suburbs of Chicago and received a Bachelor of Science from Bradley University. Eric is also the publisher and editor of PsyPost. You can follow him on Twitter @ewdolan.
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