Something About the Speaker (Footnote Fury)

“The new Paul Ryan tax cuts make the Bush tax cuts look like socialism.”

―Jonathan Chait

Steve Benen frames the issue well enough:

House Speaker Paul Ryan (R-Wis.) has largely pulled off an impressive public-relations gambit in recent years. The Republican leader has recast himself as an anti-poverty crusader, without making any meaningful changes to his far-right agenda, simply by using the word “poverty” a whole lot.

But it’s occasionally worthwhile to look past the rhetoric and focus on the hard data ....

.... Ryan’s tax plan is crafted in such a way as to give 99.6% of the benefits to the wealthiest of the wealthy by 2025. The other 0.4% would be divided up across the other 99% of us.

This is a feature, not a bug, of the House Speaker’s approach to economic policy. Ryan genuinely believes that massive tax breaks for those at the very top will spur economic growth that would, in time, benefit everyone. For the Wisconsin congressman, trickle-down policy, its track record notwithstanding, remains the most responsible course to broad national prosperity.

Ominous, or, Your Congressional Forecast

This is what we might call not hopeful; other days we might just call it normal. Either way, Andrew Taylor offers the grim look ahead:

Lawmakers return to Washington this week for an abbreviated election-season session in which they will likely do what they do best: the bare minimum.

All Congress must do this month is keep the government from shutting down on Oct. 1 and, with any luck, finally provide money for the fight against the mosquito-borne Zika virus. Republicans controlling Congress promise they won’t stumble now, but the weeks ahead could prove tricky.