Thursday, October 11, 2012

The VP Debate: What You Need To Know

From Think Progress:

4. Ryan voted for future defense cuts he now blames on Obama. Though Ryan claims Obama somehow orchestrated the sequester, a series of across-the-board spending cuts triggered if Congress can’t produce a better plan, the VP pick himself was a supporter of the mechanism. Not only did he vote for legislation to establish it, he peddled the plan to his Republican colleagues and proposed a similar initiative in 2004

7. Ryan wants to kick 1 million students off of Pell Grants. As part of his budget, Ryan proposed cutting Pell Grants for nearly 1 million college students. Seventy four percent of Pell Grant recipients in 2011 came from families with incomes of $30,000 or less. There is no evidence that these cuts will curb rising college costs.

8. Ryan’s budget included the same $716 billion in Medicare savings included in Obamacare. The $716 billion that Obamacare takes out of Medicare will almost definitely come up in tomorrow’s debate. Ryan has claimed that Obama “raided” Medicare to pay for his health care reform. In fact, Ryan wants to make Medicare a voucher program and proposed taking the same cuts out of Medicare in his budget. But whereas Obamacare uses those funds to eliminate fraud and increase efficiency, Ryan proposed taking that money to pay down the deficit.

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