April 7, 2011 Reading Time: < 1 minute

“The proposal represents the most comprehensive philosophical statement by resurgent Republicans since they claimed control of the House in last fall’s midterm elections. It promises to define the party heading into the 2012 presidential election and to shape the policy debate in Washington as both parties grapple with a soaring national debt.

Drafted by House Budget Chairman Paul Ryan (R-Wis.), the proposal aims to eventually shrink federal spending, measured against the economy, to its lowest level since 1949. Ryan said the plan would create jobs, promote growth, and rebuild an economy ravaged by recession and “relentless government spending, taxing and borrowing.”

“For too long, Washington has not been honest with the American people. Washington has been making empty promises to Americans from a government that is going broke,” Ryan told reporters. “We believe in this country that we ought to have a social safety net. . . .The problem is our social safety net is fraying at the seams.”” Read more

“Republicans Embrace Rep. Ryan’s Budget Plan for 2012” 
Lori Montgomery and Philip Rucker 
Washington Post and Bloomberg, April 5, 2011. 

Image by anankkml / FreeDigitalPhotos.net.

Tom Duncan

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