Paul Ryan: This is "the most fiscally irresponsible Congress of all time"

Rep. Paul Ryan, Ranking Member of the House Budget Committee, on the PAYGO debate in the U.S. House of Representatives.

"A Facade of Fiscal Responsibility": http://www.house.gov/budget_republicans/press/2007/pr20090722paygo_a.pdf

The Republican Pay-Go Substitute - The Budget Control Act of 2009: http://www.house.gov/budget_republicans/press/2007/pr20090722paygo_sub.pdf

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Category:

News & Politics

Tags:

• paul-ryan
• wisconsin
• budget
• paygo
• pay-go
• congres
• washington
• spending

[Lllburns]

You want to talk about "fiscally irresponsible"? Bank of America PAID NO FEDERAL TAXES in 2010. ZERO! GE also paid ZERO. ($0.00) The Wall Street folks that caused the economic collapse havn't served a day of jail time and are rolling in an INSANE amount of money. And you, Paul, wanna get fiscally respnsible when it comes to the basic needs of the working class! You take it out on the elderly! You take it out on the poor! You take it out on the disabled! E-V-I-L ! .

[ast453000]

It is a logical impossibility that the Republicans are interested in reducing the deficit. If you want to pay down debt, you don't reduce income. The Republicans reduced income by demanding tax cuts for the nation's wealthiest. Therefore, it is logically impossible that their primary goal is to reduce the deficit.

[larsiemannen]

@ast453000 Your conclusion is not nescessarly valid. With lowering taxes in %, people may find it more interesting working and creating wealth.

[queenforb]

PAUL RYAN IS SO RIGHT! OBAMA STILL WANTS MORE! MORE!

HE DOES NOT HARDLY CUT A THING & HE SAID HE WOULD "NOT" CUT THIS STUPID HIGH SPEED RAIL! (HOPE IT'S NOT HEADED FOR THE FEMA CAMPS!)

THIS IS ALL JUNK SPENDING

[snaps81625]

I appreciate you telling them the facts. but they aren't listening to you anymore than they have the American people!!

[CRTtoVIP]

@ast453000 Who creates jobs? Unfortunately, not the working class of America. The truth is that the wealthy create jobs by reinvesting their capital into businesses and entrepreneurial endeavors. By taxing the wealthy, you take away their ability to reinvest in stocks and businesses and instead they sit on their money because they don't want to risk losing it all on a bad business endeavor. You can tax the rich until they are no more, but then, what happens to the businesses they own?

[superlucci]

@ast453000 "But the real jolt for tax-cutting opponents was that the 03 Bush tax cuts also generated a massive increase in federal tax receipts. From 2004 to 2007, federal tax revenues increased by $785 billion, the largest four-year increase in American history."

Please dont tell me you think tax cuts were the cause of the deficit. It was spending.

[ASH6977]

Liberalism is a Mental Illness !