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."

Sounds awesome.

Political posturing, however.

:-) It's the talking point we've heard for the past two years. Will this summer be any different from last? Doubtful. #teamplayers

Maybe this summer will be different and Obama will actually present a budget :)

Looks like Obama is taking his re-election campaign to the demilitarized zone between North and South Korea.
This is nothing more than a cheap campaign trick that will cost the country millions that it can't afford.

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?

Just checking.

The House Budget for 2013 should really be called Ryan 2.0

Yes

Yes, the Repubs are posturing.

Paul Ryan's budget plan, by the numbers

http://www.huffingtonpost.com/2012/03/20/paul-ryan-plan-2012-gop-budget_n_1367882.html?ncid=edlinkusaolp00000008#s287825&title=Mitt_Romney

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

http://omg.yahoo.com/blogs/now/robert-niro-apologizes-michelle-obama-joke-235146206.html

Will the Real Mitt Romney Please Stand Up?

http://www.youtube.com/watch?v=bxch-yi14BE

The IRS calls it a 1040 Form because, for every 50 dollars you make, you get 10 and they get 40.

1/3 of all tax revenue in the US, goes to the Welfare state. Where has that got us?

Link?

That cannot be right. Off hand this was the first link I could find. From 2007 though.

http://finance.yahoo.com/news/pf_article_102817.html

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.

Kind of curious who that is, but I'm headed back to the baseball section.

"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.