The House-passed budget.

  • The House-passed budget.

The New York Times’ Paul Krugman calls slime slime — pink slime, in fact — in his column about the Republican move last week to turn the U.S. into a feudal nation by passing Rep. Paul Ryan’s budget.

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The trouble with the budget devised by Paul Ryan, the chairman of the House Budget Committee, isn’t just its almost inconceivably cruel priorities, the way it slashes taxes for corporations and the rich while drastically cutting food and medical aid to the needy. Even aside from all that, the Ryan budget purports to reduce the deficit — but the alleged deficit reduction depends on the completely unsupported assertion that trillions of dollars in revenue can be found by closing tax loopholes.

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