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Just dropped · Trial Balloon · Ep. 191

Blue Wave Update

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Trial Balloon · Ep. 191: Blue Wave Update

Is Ryan Seeking Common Ground?

October 9, 2013 · 9:25 am ET · Leave a Comment

Rep. Paul Ryan (R-WI) has an op-ed in the Wall Street Journal:

“The president is giving Congress the silent treatment. He’s refusing to talk, even though the federal government is about to hit the debt ceiling. That’s a shame–because this doesn’t have to be another crisis. It could be a breakthrough. We have an opportunity here to pay down the national debt and jump-start the economy, if we start talking, and talking specifics, now. To break the deadlock, both sides should agree to common-sense reforms of the country’s entitlement programs and tax code.”

First Read: “What he called for were some of the very things that Obama and Democrats have already put on the table. Medicare means-testing? Check. Further long-term entitlement cuts (like Chained CPI?)? Check. Bipartisan tax reform? Check. Most important, however, was what Ryan DIDN’T MENTION in the op-ed: any changes to the president’s health-care law. So Ryan’s op-ed is a pretty big deal; it’s an olive branch (from its tone) and it lays a potential way out.”

Budget & Taxes

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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