Left-leaning group gives Ryan budget failing grade

A left-leaning policy group concerned about economic fairness has released a report card on various budget proposals – and, perhaps not surprisingly, the House GOP fiscal 2012 plan doesn’t fare so well.

In fact, Demos gives the budget largely fashioned by Rep. Paul Ryan (R-Wisc.) an F, hitting it for reducing public investment, being vague on its proposals for tax reform and for its overhauls of Medicare and Medicaid. 

The report card, released Thursday, comes on the same day as Vice President Joe Biden is kicking off a new round of bipartisan talks on reducing federal deficits. Rep. Eric Cantor (R-Va.), the House majority leader and the House GOP representative at that get-together, has made clear going into that meeting that Republicans in his chamber are firmly behind the Ryan budget.