House Budget Committee Chairman Paul Ryan has been producing federal budgets for over five years. At first when he was just a ranking member they were ignored. Then when the Republicans took over the House they began to matter. Today Ryans sixth and latest budget will both define and unify the Republican Party.
In this mornings Wall Street Journal Ryan writes:
In four of the past five years the president has missed his budget deadline. Senate Democrats havent passed a budget in over 1400 days. By refusing to tackle the drivers of the nations debtor simply to write a budgetWashington lurches from crisis to crisis.
House Republicans have a plan to change course. On Tuesday were introducing a budget that balances in 10 yearswithout raising taxes. How do we do it? We stop spending money the government doesnt have. … By giving families stability and protecting them from tax hikes our budget will promote a healthier economy and help create jobs. … A balanced budget isnt unprecedented. President Bill Clinton worked with a Republican Congress to get it done. House Republicans last two budgets balanced tooalbeit at a later date. But a balanced budget is still a noteworthy achievement considering the competition.
Indeed White House Press Secretary Jay Carney confirmed yesterday that whenever Obama does eventually get around to releasing a budget it will not balance. Ever. Neither will the Senate Democrat budget set to be released this week despite including a brand new trillion dollar tax hike.
No wonder according to the latest McClatchy-Marist poll more Americans (44 percent) prefer the Republican approach to deficit reduction over Obamas (42 percent).
Perhaps more importantly by delivering a budget that balances in 10 years Ryan has honored a promise House Republican leadership made to conservatives earlier this January. Without the support of those conservatives House Republicans would never have made it pass either the debt limit sequestration or Continuing Resolution fights. Republican unity going forward depends on the success of this Ryan budget as well.
House Budget Committee Chairman Paul Ryan has been producing federal budgets for over five years. At first when he was just a ranking member they were ignored. Then when the Republicans took over the House they began to matter. Today Ryans sixth and latest budget will both define and unify the Republican Party.
In this mornings Wall Street Journal Ryan writes:
In four of the past five years the president has missed his budget deadline. Senate Democrats havent passed a budget in over 1400 days. By refusing to tackle the drivers of the nations debtor simply to write a budgetWashington lurches from crisis to crisis.
House Republicans have a plan to change course. On Tuesday were introducing a budget that balances in 10 yearswithout raising taxes. How do we do it? We stop spending money the government doesnt have. … By giving families stability and protecting them from tax hikes our budget will promote a healthier economy and help create jobs. … A balanced budget isnt unprecedented. President Bill Clinton worked with a Republican Congress to get it done. House Republicans last two budgets balanced tooalbeit at a later date. But a balanced budget is still a noteworthy achievement considering the competition.
Indeed White House Press Secretary Jay Carney confirmed yesterday that whenever Obama does eventually get around to releasing a budget it will not balance. Ever. Neither will the Senate Democrat budget set to be released this week despite including a brand new trillion dollar tax hike.
No wonder according to the latest McClatchy-Marist poll more Americans (44 percent) prefer the Republican approach to deficit reduction over Obamas (42 percent).
Perhaps more importantly by delivering a budget that balances in 10 years Ryan has honored a promise House Republican leadership made to conservatives earlier this January. Without the support of those conservatives House Republicans would never have made it pass either the debt limit sequestration or Continuing Resolution fights. Republican unity going forward depends on the success of this Ryan budget as well.
