(CNN) — The most important decision Mitt Romney has made in his campaign so far, the selection of Wisconsin Rep. Paul Ryan for his running mate, tells us two things — and neither bears good news for the middle class.
First, Romney has fully and unequivocally embraced the extreme Ryan budget plan. Earlier this year, he called it “marvelous” — now he’s made it his own. The Romney-Ryan plan would throw seniors under the bus and undermine their health security by ending Medicare as we know it. It would increase health care costs for seniors, including those on fixed income, by thousands of dollars a year.
The extreme plan proposed by this year’s Republican ticket would bring huge tax breaks to millionaires, paid for by tax hikes on the middle class, and massive cuts to investments that strengthen the middle class — priorities like education, health care, energy and scientific and medical research. Whether you are a college student trying to pay for school, a veteran worried about your health benefits, or a senior worried about retirement security, the Romney-Ryan plan is bad news. It would have devastating real-world effects on people young and old across the country.