Entitled "The Path to Prosperity," it (among other things) balances the budget within 10 years, reduces federal spending by $5.1 trillion by slowing spending growth, affords flexibility to states by block-granting Medicaid, strengthens work requirements for able-bodies adults receiving welfare and food stamps, and closes deductions and loopholes in exchange for a simpler tax system and lower tax rates for individuals and corporations. It also addresses social security and Medicare reforms. (Read Benson's primer for more.)
In contrast, Benson points out, the Senate Democrats have produced no budget proposal for 2015 whatsoever. President Obama's 2015 budget proposal never balances (ever), increases spending $1 trillion beyond the unsustainable current trajectory (more steeply and sooner than the above chart shows), raises taxes by $1.8 trillion, and makes no attempt at reforming Social Security and Medicare entitlements.
Benson concedes the budget proposal has "zero chance of becoming law, but its very existence makes clear that Ryan and his colleagues take their responsibilities — and the law — seriously."
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