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  • The President’s Budget: Bad for Economic Growth and Bad for Jobs
    April 12, 2013 - In 2010, economists Ken Rogoff and Carmen Reinhart completed a widely cited study that looked at the historical relationship between public debt and GDP growth and inflation in a variety of advanced and developing countries. The study used data from 44 countries and spanned roughly 200 years. It fou... More
  • Ryan: The President’s Budget Is a Missed Opportunity
    April 10, 2013 - WASHINGTON—House Budget Committee Chairman Paul Ryan of Wisconsin issued the following statement in response to President Obama’s FY2014 budget proposal: “I’m disappointed by the President’s proposal because it merely ratifies the status quo. It doesn’t break new ground; it goes over old ground: It... More
  • The President’s Plan Takes More to Spend More
    April 10, 2013 - Their Budget Never Balances—Ever The House budget balances in ten years, but, like Senate Democrats, the White House says their budget never balances—ever. $8.2 Trillion in New Debt Accounting for the cost of eliminating the sequester and removing the budget gimmicks, net deficit reduction is only ... More
  • House Budget Committee GOP Releases a Responsible, Balanced Budget
    March 12, 2013 - WASHINGTON­—Today, House Budget Committee Chairman Paul Ryan of Wisconsin and Committee Republicans released their plan to balance the budget in ten years. It is a responsible plan to cut spending, reform government, and foster a healthier economy. It provides economic security for families, repairs... More
  • The Principle of Prudence and the Conservative Renewal
    January 26, 2013 - Thanks, Rich. I’m happy to see so many friends in the audience. And I’m honored to speak to such distinguished guests. I’d say this is, perhaps, the greatest collection of conservative talent ever gathered in one room—with the possible exception of when William F. Buckley dined alone. I started read... More
  • President's Health Care Law Remains A Fiscal Train Wreck
    July 24, 2012 - Washington – Today, the Congressional Budget Office released its latest report on the cost and coverage estimates of the Affordable Care Act after last month’s Supreme Court decision. Upon the release of CBO’s report, House Budget Committee Chairman Paul Ryan of Wisconsin released the following stat... More
  • Paul Ryan: President's Health Care Law is Bad Policy and Must be Repealed
    July 11, 2012 - WASHINGTON – Earlier today, the House of Representatives voted on a bipartisan basis to repeal the president’s health care law. Following the repeal vote, House Budget Committee Chairman Paul Ryan issued the following statement: “Despite the Supreme Court upholding much of the health care law, it is... More
  • Ryan: The Case for Repeal and Replace Grows Stronger
    June 28, 2012 - WASHINGTON – Earlier today, the Supreme Court of the United States delivered a disappointing ruling in Florida v. the United States Department of Health and Human Services, affirming that the federal mandate to purchase government-approved health insurance imposes a tax on the American people. In th... More
  • The Facts on President Obama’s Budget Record
    June 7, 2012 - Despite a promise to cut the deficit in half by the end of his first term, the President has run annual deficits in excess of $1 trillion for four years in a row. Since the President took office, annual government spending has increased by 25%, with the federal government spending $3.6 trillion thi... More
  • House Budget Committee Hearing: The Congressional Budget Office’s Long-Term Budget Outlook
    June 6, 2012 - Welcome all to the House Budget Committee. The purpose of this hearing is to review the Long-Term Budget Outlook, and unpack the fiscal and economic challenges facing our nation. We are joined today by Doug Elmendorf, Director of the Congressional Budget Office. I want to thank you for testifying to... More