Senator DeMint is not happy with the fact that Ryan’s budget taxes 28 years to balance. Yesterday, we noted that it was a good start, but needed several key improvements:
“The whole point here is to show we can reasonably balance the budget within a five-year period,” DeMint said. “This idea that we have to look 30 years out to balance the budget is not only unnecessary, but it’s improbable. We cannot continue to spend at our current rate for 10 more years, much less 20 or 30 more years.
Asked whether this meant he could not support this year’s House Budget if it failed to balance the budget in ten years, DeMint said, “Our nation is on the edge of a fiscal and I’m not sure I could support any budget that doesn’t balance within ten years.”
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