Tags: Economic- Crisis | Obama Budget | Paul | Ryan | tax | loopholes

Rep. Ryan: Video Will Emphasize Need to Close Tax Loopholes

By Hiram Reisner   |   Friday, 09 Sep 2011 04:46 AM

House Budget Committee Chairman Paul Ryan said Thursday he is preparing a video for his website that will focus on what he deems to be one of the most critical issues that Congress must confront to restart the economy — eliminating tax loopholes.
“We’re actually filming something for our website to put out an idea which is tax reform — get the tax rates lower by closing loopholes,” Ryan told Fox News’ Greta Van Susteren from the House Budget Committee room. “The tax code has become a system where we pick and choose winners and losers and it has made our tax rates higher and uncompetitive globally.

“We are taxing most American businesses more unless you are a business that was able to get a tax loophole to get a lower rate — so it is not fair,” said Ryan, echoing a theme President Barack Obama stressed in his jobs speech. “We are saying: Let’s lower rates so we can be competitive. We’re promoting that idea on our website.”

Ryan said the Budget Committee was using video so it can present graphics that emphasize legislation House Republicans have passed to bolster the economy.

“It is not a secret we’ve been putting ideas out there — passing them in the House and putting them in the Senate — and they are going nowhere,” Ryan said “A lot of that is not getting out —— we passed a lot of solutions to grow the economy in the House and they’ve gotten no attention in the Senate.
“My goal is not to make these partisan but to try and make these things more popular,” he said.

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