Rep. Ryan: My Budget Plan Will 'Eradicate Poverty'

Sunday, 25 Mar 2012 10:52 AM

By Amy Woods

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
House Budget Committee Chairman Paul Ryan defended his budget package on Sunday and insisted that President Barack Obama is denying the American people upward mobility.

The Wisconsin Republican proposes a pair of tax cuts: 10 percent for low- and middle-income earners and 25 percent for high-earning Americans. He wants to do away with tax shelters and loopholes “disproportionately used by those higher-income earners.”

“The president is proposing higher tax rates and more loopholes, more complexity to the tax code, which is contrary to this bipartisan consensus that we’re seeing evolve in this country,” Ryan said on “Fox News Sunday.”

The House Ways and Means Committee will determine how the new code will be applied to taxpayers, Ryan said.

“Whether it’s distributionally the same as the current code, it’s impossible to answer that question,” he told host Chris Wallace. “Is your job or goal to treat the symptoms of poverty, to make it easier to live with, or is the goal to eradicate poverty by treating the root causes? What we want to do is have welfare reform that gets people off of lives of dependency and onto lives of self sufficiency.

“Unfortunately . . . the president’s agenda creates more of a dependent culture, creates people that are mores stuck in poverty, because it denies the idea of upward mobility,” he continued.

Ryan also defended criticism of his budget with regard to Medicare.

“Medicare grows at the same rate under our budget as it does under Obama’s,” he said. “Here is the key, critical difference: The president’s healthcare law puts 15 bureaucrats in charge of Medicare. We put 50 million seniors in charge of their Medicare. We’re saying, ‘Get rid of the healthcare law . . . give them the guaranteed benefit that they organized their lives around.’ But in order to make good on that promise . . . you have to reform it for the next generation.

“We save and strengthen the program,” he said. “The current law makes it go bankrupt and puts this board of 15 bureaucrats in charge of price-controlling, which will lead to denied care for current seniors.”

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Send me more news as it happens.
 
 
Get me on The Wire
Send me more news as it happens.
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
You May Also Like

Cambodia HIV Outbreak: 100-Plus People Diagnosed; Investigation Sought

Friday, 19 Dec 2014 18:50 PM

More than 100 HIV infections in a single Cambodian village have spurred the country's prime minister to ask for an inves . . .

Slender Man Case: Two Girls Competent to Stand Trial in Stabbing

Friday, 19 Dec 2014 18:26 PM

Two girls who allegedly stabbed a 12-year-old friend over the online game Slender Man are competent to stand trial for a . . .

Kate Upton Sexiest Woman Alive; Model Apologizes to Teen Brother

Friday, 19 Dec 2014 17:52 PM

Model Kate Upton was selected as People magazine's first Sexiest Woman Alive, a month after Chris Hemsworth received the . . .

Top Stories

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