Tags: Ryan | budget | House | Obama

Ryan Budget Approval Gives GOP a Big Lift

Thursday, 29 Mar 2012 04:29 PM

By Dan Weil

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
House passage of the budget authored by Rep. Paul Ryan, R-Wis., Thursday, will go a long way toward helping Republicans forget about the disagreements within the party over budget issues during the past few months, according to The Hill. The Ryan budget would cut $5.3 trillion in spending from President Barack Obama’s budget proposal.

The House approved the measure Thursday by a near party-line 228-191 vote, The Associated Press reported.

Approval of Budget Committee Chairman Ryan’s program will allow Republicans to rally around the issue of slashing the deficit, The Hill reports. And it could erase last year’s discord over raising the debt ceiling and extending the payroll tax. In this way, the GOP could return to its themes of less government and a strong economy for this year’s elections, according to The Hill.

Most members of the conservative Republican Study Committee promised to support the Ryan plan, even though they introduced their own version, with an additional $2.2 trillion in spending cuts, which was rejected by the House earlier Thursday.

House Speaker John Boehner said Thursday that Ryan’s proposal offers a preview of how Republicans would like to govern. "So I applaud my colleagues [who worked on the Ryan budget] for the tough decisions they've made, ... to lay out a real vision of what we were to do if we get more control here in this town. It's still a Democrat-run town."

The $3.5 trillion budget would revamp Medicare, slice everything from food stamps to transportation, and reject Obama's call for higher taxes on the rich, the AP reports. It envisions collapsing the six different income tax rates into just two, with a top rate of 25 percent compared with today's 35 percent. It would also eliminate unspecified tax breaks.


© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Allen West Says Goodbye to Florida at Holiday Party

Saturday, 20 Dec 2014 08:49 AM

Tea party hero Allen West is making his final Florida appearance before moving to Texas. . . .

Rep. Mike Kelly Offers Obama 'Lump of Coal for Christmas'

Saturday, 20 Dec 2014 07:50 AM

All forms of energy in the United States should be developed to spur job creation and economic growth, Pennsylvania Repu . . .

Politico: Obama May Give Dems 80 Percent of 2016 Latino Vote

Friday, 19 Dec 2014 19:18 PM

President Barack Obama may be on track to helping deliver as much as 80 percent of Latino voters to the 2016 Democratic  . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

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