Paul Ryan: "We Will Address the Drivers of Our Debt"

Today on Morning Joe, House Budget Committee Chairman Paul Ryan reiterated the commitment of House Republicans to lead where the President has fallen short. "We will address the drivers of our debt, which are the entitlement programs," Ryan announced. "We need to do entitlement reform if we are going to prevent this country from going bankrupt, if we're going to save the very entitlements that people are counting on, and get this economy back on track."

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[ttube438]

@Goldni8372 I agree. Scrap the current tax code and replace with the FAIR Tax / Sales tax. Everyone pays, no one can evade - even GE will be forced to pay taxes. Economists put the cost of tax avoidance at $300 - $400 Billion / year. That will be recooped by the FAIR Tax. Also all the tax lobbyists will have to look for new jobs. Nothing to lobby for with FAIR Tax.

[ttube438]

The tax cuts were over 10 years. That's less than $100 Billion a year in tax cuts as apposed to the $1.65 Trillion in debt put on the peoples backs by obama. Lets see $1.65T / $100B = .06. The tax cuts were just 6% of the debt increase. Vast majority of people now understand that the problem is spending not taxes. We need spending cuts, tax reform, entitlement reform.

[TheKmbt]

Paul Ryan gets the best health care money can buy and you're payin for it-SUCKERS! Meanwhile, he's trying to privatize it so the industry can jack up your premiums (if you're lucky enough to afford them) even more than they are now. If you ever see this nigger ask him how much he pays for health insurance! BTW no one in Canada has ever gone banckrupt (you will if Ryan has his way) from medical bills. Say it with me 'SUCKERS"!

[AtopaMesa]

Hi Mr Ryan...thanks for all of those liberal spending Bush years..I still remember...if you think you have a chance of getting my Libertarian vote...you'd be dreaming. Next time protect the borders of our OWN country from terrorism(alot cheaper). Thanks for spending our money to protect Israel. Is Obummer your time card buddy at Goldman Sachs? Thanks for the runaway inflation to come-try voting for the Federal Reserve transparency bill.

[darwincity]

@Goldni8372 Would you support a flat tax?

[Goldni8372]

I say the 47% who pay no taxes should start to pay taxes. Oh unions...sorry guys..you are going the way of the VHS recorder. No one wants or needs you anymore. Elections have consequences guys. You lost. Leave Wisconsin and go help screw up another liberal dump hole city or state you've already infected.

[parafleet]

I am apolitical. That said, Mr. Ryan, you are a moron. When all is said and done, Scott Walker is going to go down as the Governor who fought the common man, the working man. Your horse, whether you like it or not, is now hitched to the cart of this political idiot. Walker has ruined his political career by attacking a union. The voters will now associate you with him. You want to be president one day, don't you? You'll never win the working vote, now bound, as you are, to anti-unionism.

[jesswundrun]

Paul Ryan is the worst kind of hypocrite. He voted 99.5% of the time with George Bush. That's who killed this economy. If Ryan wants to see the driver of the debt he need look no further than the man in the mirror. Has everyone forgotten the trillions of dollars we are spending for a war based on lies.

[assa4assa]

Debt is driven by privately issued money - the fractional reserve of the banks, by bloated defense spending and tax-dodging corporations/super rich. To blame social programs, teachers, firefighters and others for the debt is just a plain act of class war against the middle class. Mr. Chairman, look no further than you own state of WI. Is it Egypt déjà vu? For how long will the Founders be proud of the Egyptians and ashamed of us?

[deathrowjoeblog]

What tanked our economy was a libertarian approach to financial regulation. The deficit is a consequence deregulation, lax regulation and irresponsible tax cuts. You can't balance the budget without raising taxes. You can not cut 1.5 trillion in spending.