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August 13, 2012

Erskine Bowles, Barack Obama's Pick For Co-Chair of Deficit Committee: "Paul Ryan budget 'sensible ... honest ... serious'"

Topics: Political News and commentaries

When Barack Obama needed to pick the co-chair for his deficit committee, which he roundly ignored in the end, he chose Bowles to represent his side on the panel. Bowles served as Bill Clinton's chief of staff, and earlier ran the Small Business Administration for Clinton.

Here's what Erskine Bowles had to say in September 2011 about Paul Ryan and his plan:

"Have any of you met Paul Ryan? We should get him to come to the university. I'm telling you this guy is amazing, uh. I always thought that I was OK with arithmetic, but this guy can run circles around me. And, he is honest. He is straightforward. He is sincere.

And, the budget that he came forward with is just like Paul Ryan. It is a sensible, straightforward, serious budget and it cut the budget deficit by $4 trillion ... just like we did.

The President came out with his own plan and the President came out, as you will remember, with a budget and I don't think anyone took that budget very seriously. Um, the Senate voted against it 97 to nothing. He, therefore, after a lot of pressure from folks like me, he came out with a new budget framework and, in the new budget framework, he cut the budget deficit by $4 trillion over 12 years. And, to be candid, this $4 trillion cut was very heavily back-end loaded. So, if you looked at it on a 10 year basis and compared apples-to-apples, it was about a $2.5 trillion cut."

Although Bowles didn't fully support the Ryan budget (he ended up supporting the commission's own competing plan), it's clear that Bowles has a great deal more respect for Ryan's efforts than he does for Barack Obama's (h/t - Ed Morrissey).

Yet the Democrats demagogue Ryan and his budget as "radical."

Related:
The Ryan Plan Is Somehow ... 'Radical'? Better Think Again!
Morning Bell: Facing the Medicare Debate Head-On

Posted by Richard at August 13, 2012 4:15 PM



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