Paul Ryan: I Signed Flawed Cliff Deal to Prevent Tax Hikes

Wednesday, 02 Jan 2013 10:01 AM

By Bill Hoffmann

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Paul Ryan says he voted for the fiscal cliff deal, despite “unfortunate’’ compromises by President Barack Obama, because he wanted to spare Americans whopping tax hikes.

“I joined my colleagues in the House to protect as many Americans as possible from a tax increase. We also provided certainty by making the lower tax rates permanent,’’ the Wisconsin congressman said in a statement posted on his website.

“The House has already passed legislation to prevent tax increases for every American family, and it is unfortunate that President Obama insisted on taking more from hardworking taxpayers.’’

Editor's Note: Use This Single Loophole to Pay Zero Taxes. See Video

Ryan, who is chairman of the House Budget Committee, said despite his objections to parts of the deal, “I commend my colleagues for limiting the damage as much as possible . . .

“Will the American people be better off if this law passes relative to the alternative? In the final analysis, the answer is undoubtedly yes.’’

Ryan identified the main problems preventing a solution to the nation’s debt issues as “too little economic growth and too much spending.’’

And he ripped the Obama Administration, warning that “without presidential leadership, it will be difficult to forge bipartisan solutions to our debt and economic challenges.’’

Ryan, who was catapulted into the world spotlight when Mitt Romney chose him as his running mate, said lawmakers must tackle “Washington’s reckless spending’’ which drives the debt.

“This debt is hurting the economy today. Unless we get at the heart of the problem, Americans will face a debt crisis—one that will threaten our most vulnerable in particular. It is our responsibility to prevent such a crisis.”


© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Faithful Prepare to Celebrate Canonization of 2 Beloved Popes

Saturday, 19 Apr 2014 20:35 PM

Rome is "ready, very ready" for the canonization of former Popes John Paul II and John XXIII, the Eternal City's mayor,  . . .

Report: Emails Show Justice Dept. Involved in IRS Tea Party Probe

Wednesday, 16 Apr 2014 19:01 PM

Embattled former IRS official Lois Lerner last year discussed working with the Justice Department to prosecute nonprofit . . .

White House Census Changes Mask Obamacare Impact

Tuesday, 15 Apr 2014 13:55 PM

The Census Bureau, the authoritative source of health insurance data for more than 30 years, is revising its annual surv . . .

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved