Tags: Economic- Crisis | Obama Budget | Budget | 2012 | Obama | spending

Ryan: Dems Budget Distortions Forthcoming

By Hiram Reisner   |   Wednesday, 06 Apr 2011 06:13 AM

Budget Committee Chairman Paul Ryan, who unveiled the House 2012 budget Tuesday, says he expects the “demagoguery is coming” from Democrats opposed to the plan, and they will continue to try and distort a proposal to bring fiscal solvency to the United States. Ryan also told Fox News’ Sean Hannity Tuesday night, the GOP will battle Democratic misrepresentations with the truth.

ryan, budget “Yes, the demagoguery is coming — the distortions are going to come,” Ryan said. “We go with the truth, we tell people the facts — we tell people the truth. And I think the American people are ready for an honest conversation about the true fiscal problems in this country.
“We cannot allow this demagoguery to deter us from doing what is necessary to save the country from this debt bomb that we're having. We've got to get the debt under control,” he continued. “That means spending has to get under control. We got to get this economy growing. And that means, we don't tax the way out of this problem — we cut spending.”
Ryan noted that although President Barack Obama claims the administration’s budget proposal cuts spending, it will actually increase on his watch — and beyond — and America’s debt will skyrocket.
“He doubles the debt after his term in office — and triples it by the end of his budget,” Ryan said. “He sends our debt on an upward trajectory that is completely unsustainable  — and you do that by spending more money. You do that by having government continue to spend money we don't have.”
Hannity asked Ryan to explain how the figures in his budget compare to the president’s proposal and to the Congressional Budget Office’s current baseline numbers.
“Well, that means the president is proposing $400 billion in additional spending above current law, so we are taking $5.8 trillion above where the law is right now . . . and the president wants to go $400 billion above that,” Ryan said. “So . . . we are cutting $6.2 trillion.”

© 2015 Newsmax. All rights reserved.

1Like our page

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.

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