Both Democrats and Republicans believe that having Paul Ryan on the GOP ticket helps underscore their strongest electoral argument. For Mitt Romney and the Republicans, that’s the (supposed) economic imperative to address the yawning budget deficit without any new taxes, plus the need for another round of income tax cuts to kick-start economic growth. For Democrats, Ryan’s no-new-taxes fiscal framework throws into stark relief the deeper cuts such an approach spells for cherished entitlement programs.
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