Paul Ryan: Obama’s Budget Is ‘Debt on Arrival’

February 15, 2011 06:54

“It would be better doing nothing than if we were to actually pass this budget—for the sake of our economy, for the sake of our future, and for the sake of jobs,” said a clearly fired-up Ryan.

by Emily Miller at Human Events


“Many people thought—ourselves included—that the President would moderate after this past election.  This is not a moderating budget.  This is not a triangulation budget.  This is a budget that went to the left,” said Budget Committee Chairman Paul Ryan (R-Wis.).

Obama’s budget would increase spending by $8.7 trillion and add $13 trillion to the debt over 10 years, according to Republican analysis.

“This is not an I-got-the-message budget.  It’s unserious, and it’s irresponsible.

Ryan, using a chart at a press conference on Monday, showed that the President’s budget includes $8.7 trillion of new spending and $13 trillion in new borrowing over the next decade.

Obama’s budget also includes a $1.6 trillion tax hike on families and small businesses, just two months after agreeing to keep taxes at current levels.


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