The House Republican proposal evidently includes a line item to purchase a magic wand:
"The tax code would be simplified to just two tax rates, 10 percent and 25 percent, with the closure of tax credits and deductions. The 35 percent corporate income tax would be lowered to 25 percent and the existing, worldwide system of taxing corporate profits would be changed to a territorial system in which only domestic profits were subject to United States corporate taxation. But the budget assumes revenues would stay consistent with revenues under the current individual and corporate tax codes."
Political posturing, however.
Don't you mean the Senate? I'm pretty sure Obama has delivered a budget every year.
You do mean the House Republicans are posturing, right?
Paul Ryan's budget plan, by the numbers
What an awful plan Ryan has offered.
The story you linked lays it out fairly well. Revenue-neutral tax cuts? We are back in Laffer Curve fantasy land.
Robert De Niro Apologizes for First Lady Joke at Obama Fundraiser
Will the Real Mitt Romney Please Stand Up?
That cannot be right. Off hand this was the first link I could find. From 2007 though.
Under Social Safety Net section
"All types of aid to the needy -- Medicaid, housing subsidies, aid to poor families with children (welfare, which accounts for about 1 percent of the budget), food stamps, school lunches and so on, plus unemployment benefits -- account for about 16 percent of the budget."
"I heard a congressman say that this morning on public radio."
Well that's enough proof for me.
Of course with most of the wars over, it's probably not too far from the truth.