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Speeches and Floor Statements

Congressman Paul Ryan talks about President Obama’s budget proposal

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April 11, 2013 | comments

The Chris Stigall Show, Talk Radio 1210 WPHT


Unpacking the lack of deficit reduction in the President’s budget:

“In this budget, he claims $1.8 trillion of deficit reduction, but if you take out all of the budget gimmicks and the accounting tricks, it winnows down to a paltry $119 billion over a ten year time frame. To put that in perspective, the President is proposing we spend $46.5 trillion over the next decade for the federal government, and of that, he thinks he can have $119 billion dedicated to deficit reduction. And by the way, the deficit reduction that he’s proposing, he proposes begins in the year 2020, four years after he’s left office. So this is not fiscal responsibility. He’s basically saying, I want a $1.1 trillion tax increase, I’ll have a slightly less than $1 trillion spending increase in this budget, and the resulting difference, because the tax increase slightly eclipses the spending increase will leave $119 billion in deficit reduction, oh yeah, and starting four years after I left office. That is not fiscal responsibility. That is not real or actual deficit reduction. But that is unfortunately the status quo. Well, if we want to stick with the status quo – a slow economy, shrinking pay checks, high poverty rates, less opportunity for people – then you stick with the stale policies of the past. If you want to break with that, then we’ve got to go a different direction.”

Reforming entitlements for current and future generations:

“He put a provision in here called chained CPI, and what it is is it’s basically making the consumer price index better reflect what most economists think is the actual rate of price increases. So it’s more of a statistical cleanup job, it’s more of an accuracy pursuit of a statistic, which if you do this, it translates into savings for the federal government, but it’s not entitlement reform, it doesn’t restructure or reform the way these entitlements work to prevent them from bankruptcy, it just makes the current system slightly less expensive.

“I wouldn’t say this is a cut to entitlements. Actually, on his behalf, he’s not cutting anything, this is just slowing the rate of growth. I’m happy to help him on this particular part. I have been hit for cutting spending in savage ways for years, when all that is being discussed here is to slow the rate of growth of increase of spending on any particular program.”

Cutting red tape and encouraging domestic energy exploration:

“We are sitting on top of such an oil and gas renaissance in this country, which could, by the end of the decade, make us energy independent, help our manufacturing, lower our gas and home heating prices, help our trade deficit, create lots of jobs, but for the federal government. And so, it’s these kinds of barriers and impediments, put in place from Washington: red tape, rules and regulations, taxes, government spending, deficits, debt, those are the kinds of things that we’re trying to deal with to try and get this economy out of stall.”

Discussing the Toomey-Manchin proposal on background checks:

“I think the world of Pat Toomey, by the way, he’s one of the best legislators around here. He and I got elected in 1998 in the House, and we’ve been good friends ever since. I haven’t really seen what he’s put out yet, I haven’t read it, so I’m not sure what it is he’s putting out, but if it’s got Pat Toomey’s name on it, I’d sure take a second look at it because I trust his judgment implicitly. I honestly don’t know the details or the specifics because we’re busy trying to get this budget under control and get this economy growing, that’s what we’re working on over here in the House.”

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