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1.68 MB

Extraction Summary

2
People
7
Organizations
1
Locations
1
Events
1
Relationships
3
Quotes

Document Information

Type: Government document / news excerpt (house oversight committee record)
File Size: 1.68 MB
Summary

This document appears to be a page (29) from a larger text, likely a news article or report included in House Oversight Committee evidence. It discusses US fiscal policy, specifically the 'Ryan plan,' and the internal tensions within both the Democratic and Republican parties regarding taxes and entitlement programs like Social Security, Medicare, and Medicaid. While included in a batch of documents potentially related to an investigation, this specific page focuses entirely on political strategy and budget debates.

People (2)

Name Role Context
Unnamed Speaker ('he') Commentator/Politician
Quoted discussing the Democrats' credibility test regarding taxes.
Ryan Politician (Paul Ryan implied)
Referenced in relation to the 'Ryan plan'.

Organizations (7)

Name Type Context
Democrats
Discussed regarding their stance on security programs and taxes.
Republicans
Discussed regarding their stance on the Ryan plan and tax increases.
Senate
Location where a group is operating independently of party leaders.
Social Security
Mentioned as a program some Democrats might scale back.
Medicare
Mentioned as a program some Democrats might scale back.
Medicaid
Mentioned as a program some Democrats might scale back.
House Oversight Committee
Source of the document (implied by footer).

Timeline (1 events)

Not specified
Bipartisan negotiations/debate on fiscal policy
Senate

Locations (1)

Location Context
Washington D.C. (implied)

Relationships (1)

Democrats Political Opposition/Cooperation Republicans
Group operating independently of party leaders to find a necessary plan.

Key Quotes (3)

"“The problem the Democrats have is that they can no longer say with a straight face that raising taxes on the wealthy is going to enable them to pay over the next generation for the programs they cherish. So what do you do?”"
Source
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Quote #1
"There are Republicans who fear that voting for the Ryan plan will put them out of step with their constituents."
Source
HOUSE_OVERSIGHT_023486.jpg
Quote #2
"But they are debating basic values; it would no doubt be much easier if the argument was just about numbers."
Source
HOUSE_OVERSIGHT_023486.jpg
Quote #3

Full Extracted Text

Complete text extracted from the document (1,276 characters)

29
But he said Democrats, too, faced a credibility test. “They have held fast to the security programs in place since the 1930s, but without being able to successfully challenge the antitax orthodoxy,” he said. “The problem the Democrats have is that they can no longer say with a straight face that raising taxes on the wealthy is going to enable them to pay over the next generation for the programs they cherish. So what do you do?”
That question is being asked quietly within both parties, each of which faces its own internal tensions about how to proceed.
There are Republicans who fear that voting for the Ryan plan will put them out of step with their constituents. There are Democrats who think the tax-and-spend label is all too accurate. There are Republicans who might countenance voting for tax increases, and there are Democrats who are willing to meaningfully scale back the benefits promised by Social Security, Medicare and Medicaid.
In the Senate, a group of Democrats and Republicans operating independently of party leaders is trying to come up with a plan that neither party would like but both would accept as necessary. But they are debating basic values; it would no doubt be much easier if the argument was just about numbers.
HOUSE_OVERSIGHT_023486

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