Tags: Ryan | budget | Club | Growth

Club for Growth Rejects Rep. Ryan’s Budget Plan

Wednesday, 21 Mar 2012 03:38 PM

By Dan Weil

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The conservative Club for Growth said Wednesday it opposed the House Republican budget plan authored by Budget Committee Chairman Paul Ryan.

The Club rejected the fiscal 2013 plan, saying it did not balance the budget fast enough and because it overturned the automatic spending cuts activated by last year’s failure of the supercommittee on deficit reduction, The Hill reports. The Ryan plan doesn’t balance the budget until 2040. But conservatives want to do it in 10 years without tax increases, which could require a doubling of spending cuts.

Some tea partyers in the House feel the same way as the Club for Growth, and the Club’s stance could encourage opponents of the 2013 budget to hold their ground on the House floor, according to The Hill.

“Despite containing several important reforms and pro-growth policies, the Ryan budget falls short in two critical respects,” Club for Growth President Chris Chocola told The Hill. “First, it does not balance for decades. Secondly, it violates the Budget Control Act by waiving the sequester [automatic spending cuts].”

The Ryan plan would restore $78 billion of the $97 billion in automatic cuts slated for next year, instead urging six House committees to come up with $261 billion in spending reductions over the next decade.


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