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August 13th, 2012
04:36 PM ET

Romney's announces his new VP, Paul Ryan: 'A decisive shift in this presidential election,' says John Avlon

Presidential Candidate Mitt Romney on Saturday announced Wisconsin Rep. Paul Ryan as his vice presidential running mate.

In his latest column for CNN.com, John Avlon highlights how the VP pick of Paul Ryan represents a campaign shift towards specifics and a picture in to how Romney will govern.

John Avlon is also a CNN contributor and member of the OutFront political strike team.

Paul Ryan will shift the campaign dynamic

Paul Ryan is a bold and risky pick for vice president by Mitt Romney.

Forget all the talk about the risk-averse Mitt Romney and his policy-free campaign. Romney just embraced a man whose deficit reduction plans are impressively specific - and controversial. This is what a game-changer looks like post-Sarah Palin.

Unlike many of his fellow Republican congressmen, Paul Ryan has not been content to just demagogue the deficit and debt. He's had the courage to put specific plans on paper that would actually deal with the problem. And Mitt Romney now owns those plans, for better or for worse. It may be the first time in American history where a nominee has outsourced policy to his VP candidate.

OutFront: Rep. Paul Ryan unveils 2013 House Budget Plan 

Ryan's budget plan is serious and breathtaking in its scope. It seeks to take Republican rhetoric about reducing long-term deficits and debts and put it into specific policies.

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Filed under: 2012 Election • News • Opinion • Political Strike Team • Politics
soundoff (2 Responses)
  1. Frank Andolino

    Erin, why not reply with a information from economic advisers at Chase bank? Ya know, the same ones you used in a report to state we shouldnt increase taxes on the top 1%. Chase Bank economic advisers being used to support your argument we shouldnt increase taxes on the very wealthy, that still has me rolling in the aisle.

    August 13, 2012 at 7:45 pm | Reply
  2. Frank Andolino

    What a joke Paul Ryan's "The Pathway to Prosperity" budget plan. He could have said, "A Pathway.." but no, it was called THE Pathway. As if this was the only way.

    But economically speaking, Ryan and now Romney's healthcare plan states "governmental financial support would rise with the rise of the consumer price index”. Right now Govt spending indexes benefits to health care inflation. This difference is crucial to understanding the Republican proposal—the cost of health care is rising much faster than the consumer price index.

    The vouchers would rise in value with the consumer price index (general inflation), but as medical expenses have been rising much faster than the consumer price index, the value of the government subsidy would erode over time. When the program begins in 2022, the typical 65-year old would be responsible for about 25% of the cost of their healthcare, which is consistent with Medicare as it exists today. However, the share paid out-of-pocket by this typical 65-year-old in 2030 would be 68% under the Republican plan, according to the bipartisan Congressional Budget Office.

    All the while, Ryan doesnt want any caps of defense spending even though we out spend every country on the planet combined in defense or any increase in taxes to the top 1% ever. It's a pathway to bankruptcy. He offers NO solutions for increased and desperately needed government revenue!

    Paul Ryan is also a hypocrite because he claims that his "new" Medicare plan was modeled after the health care plans that Congressmen themselves currently receive. HOWEVER, Congress have what is called a "fair-share deal"; they do not bear the entire risk of increased costs due to health care inflation. The health care plan that Members of Congress use, indexes benefits to health care inflation, not to the consumer price index. As health care becomes more expensive due to inflation, the government, not Members of Congress, are responsible for most of the extra costs.

    August 13, 2012 at 7:38 pm | Reply

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