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Monday, November 8, 2010

Rep. Paul Ryan's Roadmap

In January 2010, ranking Republican Paul Ryan (R-1st District, Wisconsin) set forth a road map for the US Federal budget.  During the 2010 congressional campaign, the budget roadmap that Congressman Ryan authored became a major topic of debate, both among candidates and economists.   It is likely that Represenatative Ryan will become the Chairman of the House Budget committee.   You can link directly to the Roadmap and judge for yourself the plan that Congressman Ryan is proposing.  The voters of the 1st District of Wisconsin support him, as he was easily reelected with 68% of the vote on November 2, 2010.

MADISON, Wis. -- U.S. Paul Ryan of Wisconsin’s 1st Congressional District appeared on Fox News on Sunday to promote his plan for cutting government spending. Ryan is in line to lead the U.S. House Budget Committee, and he said he will try to repeal the president's health care reform bill, calling it a "fiscal and economic train wreck." The Congressman continued, "We have had spending on a gusher," said Ryan. "And if borrowing and spending and taxing and spending actually created jobs and produced prosperity, we wouldn't have all this joblessness. We wouldn't have this lame economy we have right now. So, I think these spending cuts are actually quite modest considering the pickle we are in." 

As to the role of the House of Representatives in the US Federal Budget process?     It is where all tax and spending bills orginate and with the great debate heading to Washington for America's financial future, watch was happens in the House budget committee under the leadership of Representative Paul Ryan in 2011.   It will be a very different approach to the Obama-Pelosi-Reid spending agenda.   Instead, real reductions in Federal spending will be debated in the Budget Committee.  What a concept! 

(c) Jasper Welch, Four Corners Media,  

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