And yet there is Paul Ryan, on a CNBC panel out-nerding all the high-paid TV financial analysts. And there is Paul Ryan on the Sunday network talk shows explaining how America is in the midst of a slow-motion federal entitlement catastrophe. And there is Paul Ryan dismantling the health care bill at President Obama’s sham “summit,” while the president glares at him as if Ryan just told the Obama kids there’s no tooth fairy.
So when cameras turned to Ryan, he began systematically dismantling the Democrats’ rosy cost estimates. He pointed out that much of the cost was hidden, as it raised taxes for ten years to pay for six years’ worth of spending. He exposed the fact that the $371 billion “doc fix” (a plan to reimburse doctors more through Medicare) had been separated from the bill and considered as standalone legislation to keep the price tag down. “Hiding spending does not reduce spending,” he said.
As Ryan spoke, the cameras would occasionally make their way back to President Obama, who was glaring icily at Ryan.