Over at Bloomberg View, I take a look at the Obama campaign’s initial blast at the Romney-Ryan ticket.
The Democratic attack on Ryan and his budget plan is, at best, ignorant. “Budget-busting” tax cuts? The Ryan budget plan envisions taxes running at a higher level of GDP than the average of the last few decades. It brings the budget to long- term balance — something that Obama has never proposed. (As his Treasury Secretary Tim Geithner admitted to Ryan in February: “We’re not coming before you to say we have a definitive solution to our long-term problem. What we do know is we don’t like yours.”)
Ryan’s Medicare plan doesn’t put greater burdens on seniors or shift health-care costs to them, either. . . .