What is the Ryan Plan?

[Little-Acorn]

With the selection of Paul Ryan to be Romney's Vice President, Ryan's proposed economic plan becomes much more important.

Here's a summary of its main points.

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http://www.foxnews.com/politics/2012/08/11/what-is-ryan-plan-budget-proposal-back-in-spotlight-with-vp-announcement/

What is the 'Ryan plan'? Budget proposal back in spotlight with VP announcement

Published August 11, 2012
FoxNews.com

With Rep. Paul Ryan selected as Mitt Romney's running mate, voters will be hearing a lot about the so-called "Ryan" plan.

So what is it?

Though each party has strong feelings about what Ryan's controversial budget proposal entails, here are a few highlights. Just the facts:

The latest full-scale version of the plan, unveiled in March, vows to cut spending by $5 trillion over the next decade, compared against President Obama's plan.

The plan would, a decade from now, give seniors the option of taking a government payment to purchase health insurance. That payment could be used to buy a private insurance plan, or go toward the traditional Medicare plan. The plan calls for extra assistance to help low-income beneficiaries and those with "greater health risks."

The plan would overhaul Medicaid by turning it into a block grant system for states.

The plan would cut the corporate tax rate from 35 percent to 25 percent. It would implement two individual income tax brackets -- 10 percent and 25 percent.

The plan would head off the scheduled automatic defense cuts, first by diverting the planned $55 million defense cut in 2013 by implementing those cuts elsewhere.

The plan vows to bring the size of government to 20 percent of GDP by 2015.

[aboutime]

Most of all. The Liberals, Democrats, and Mouth Pieces like Wasserman Schultz have been lying about how long Social Security will last....even to the point of trying to convince the DUMB, and Eternally Stupid among us...that Ryan would push them off a cliff in a wheelchair.

Here is some info I garnered from a friend today who pointed certain things out.

A History Lesson on Your Social Security Card













1934 - 1980




With the elections just a little over 3 months away you'll soon be hearing some Democrats running for political office, warning how the Republicans want to take away the old people's Social Security.

Just in case some of you young whippersnappers (& some older ones) didn't know this it's easy to check out, if you don't believe it. Be sure and show it to your family and friends. They need a little history lesson on what's what and it doesn't matter whether you are Democrat or Republican.











Facts are Facts:











Social Security Cards, issued in 1934, and up until the 1980s expressly stated the number and that card were not to be used for identification purposes. Since nearly everyone in the United States now has a number, it became convenient to use it anyway and the message, NOT FOR IDENTIFICATION, was removed.


When Franklin Roosevelt, a Democrat, introduced the Social Security (FICA) Program. He promised:

1.) That participation in the Program would be completely voluntary,

No longer Voluntary


2.) That the participants would only have to pay 1% of the first $1,400 of their annual Incomes into the Program,

Now 7.65% on the first $90,000


3.) That the money the participants elected to put into the Program would be deductible from their income for tax purposes each year,

No longer tax deductible


4.) That the money the participants put into the independent 'Trust Fund' rather than into the general operating fund, and therefore, would only be used to fund the Social Security Retirement Program, and no other Government program.











Under Johnson, another Democrat, the money was moved to The General Fund and Spent


5.) That the annuity payments to the retirees would never be taxed as income.

Under Clinton & Gore, Democrats, Up to 85% of your Social Security can be Taxed

Since many of us have paid into FICA for years and are now receiving a Social Security check every month -- and then finding that we are getting taxed on 85% of the money we paid to the Federal government to 'put away' for us -- you may be interested in the following:

Q: Which Political Party took Social Security from the independent 'Trust Fund' and put it into the general fund so that Congress could spend it?

A: It was Lyndon Johnson and the Democratically controlled House and Senate.

Q: Which Political Party eliminated the income tax deduction for Social Security (FICA) withholding?

A: The Democratic Party.

Q: Which Political Party started taxing Social Security annuities?

A: The Democratic Party, with Al Gore casting the 'tie-breaking' deciding vote as President of the Senate, while he was Vice President of the US

Q: Which Political Party decided to start giving annuity payments to immigrants?

AND MY FAVORITE:

A: That's right!

Jimmy Carter and the Democratic Party.


Immigrants moved into this country, and at age 65, began to receive Social Security payments! The Democratic Party gave these payments to them, even though they never paid a dime into it!

Then, after violating the original contract (FICA), the Democrats turn around and tell you that the Republicans want to take your Social Security away!

And the worst part about it is uninformed citizens believe it!

If enough people receive this, maybe a seed of awareness will be planted and maybe changes will evolve. Maybe not, some Democrats are awfully sure of what isn't so.

But it's worth a try.

How many people can YOU send this to? Actions speak louder than bumper stickers.


If you would like to share this with your email friends.
Just feel free to COPY, and include it in your email.
Everyone who may be thinking the Democrats WOULD NEVER LIE. Needs to see this.
GOD BLESS AMERICA since Obama and his gang Won't.