If you read the print version of Bloomberg Businessweek, I?m guessing you were as surprised as I was to see a photo of David Price included among the new U.S. House?s power brokers.
Alas for supporters of North Carolina?s Democratic 4th District congressman, the photo is an error. The magazine mistook Price for Kentucky Republican Hal Rogers, a contender for the top job on the House?s budget-writing Appropriations Committee.
That goof aside, one of the most interesting elements of the article on top House Republicans was the section on Paul Ryan:
Paul Ryan’s most controversial proposal is to give workers under 55 the option of investing a third of their Social Security taxes in personal retirement accounts. They would be managed by the Social Security Administration, and the government would guarantee that nobody loses money. The Wisconsin lawmaker wants to place firm limits on discretionary and mandatory spending, and enforce the limits with automatic spending reductions in programs with the highest spending growth.
