Budgets continue be the center of debate in Washington, which is great, since we recently had Peter Orszag (Citi VP and Obama's former OMB director) at Business Insider to discuss budgets. In this video, he explains the draconian nature of Paul Ryan's budget (even current spending trajectories are unrealistic in terms of how low we're forecasting spending) and the flawed assumptions behind it (that just by block granting money to the states to solve problems, they'll be able to find cost savings).
Peter Orszag: Paul Ryan's Budget Is Unrealistic, But Democrats Who Oppose Any Entitlement Reform Are Hurting Workers
Joe Weisenthal, Business Insider
Wed, 03/20/2013 - 7:18am
Topics: t worry about inflation, but we washington peter orszag citi vp obama omb paul ryan div>please javascript produced business insider videosee sweden has the answers to our taxation problems see but we'll have to address entitlements please politics twitter facebook business insider also krugman unrealistic democrats who oppose short spending budgets term
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