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Speeches and Floor Statements

Paul Ryan Discusses Line Item Veto Legislation

1230AM WCLO News

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November 30, 2011 | comments

Podcast Highlights

Ryan building on efforts by the House to pay down the debt with common-sense reforms

Congress has banned earmarks this year, but there is still a lot of wasteful spending that continues, so this is our bipartisan effort to get after wasteful spending and sort of change the culture of spending that has been a bipartisan failure over many years.

A growing bipartisan consensus to fix Washington’s broken budget process

“The reason I am doing this with Chris Van Hollen, the Ranking Democrat on the Budget Committee, is because there are Republicans and Democrats who write the spending bills that don’t like this. So this is a bipartisan reform aimed at cleaning up the way Washington spends money. People who are wedged to the status quo don’t like these kinds of reforms and that’s why we’re making this a bipartisan effort to try and increase the likelihood this gets done.”

Reducing uncertainty, wasteful spending to grow economy

“All of these deficits and all of this debt that is overhanging our economy is putting a chilling effect on job creation. It threatens high interest rates, more inflation and higher tax rates in the future. That makes it harder for businesses to plan and invest and bring people back to work today.”

On the Constitutionality of the Expedited Line-Item Veto and Rescissions Act of 2011

“We wrote this bill in consultation with the lawyers who argued against the original line item veto in the case that went to the Supreme Court during the Clinton Administration. That earlier legislation was struck down because the president would have executed the action to cancel the spending. This is different. This sends a bill back to Congress, and Congress has the final say so on whether the spending will go forward or not.”

Targeting bloated government agency budgets and pork-barrel projects

“This effort is not targeted to go after entitlements like Medicare or Medicaid or Social Security. It is aimed at going after wasteful government agency budget spending,  which is where all of the pork barrel spending is included, and we think having Republicans and Democrats working together to go after this kind of spending, which is what I am doing, is a good step in the right direction.”

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