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  • House GOP committed to cut spending, reform government and grow the economy
    Posted in Commentary on February 20, 2011 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Taxes, Economy / Financial

    Last week, the president offered a disappointing step in the wrong direction with a budget that locks in Washington's spending spree and adds $13 trillion to the debt. His budget would stifle job growth today and cripple future generations with a crushing burden of debt and taxes. Job creators understand that today's big deficits are tomorrow's big tax increases. Washington tried to spend, borrow and tax our way to prosperity. It just doesn't work. After two years, all this borrowing and spendin... Read more

  • The Pro-Growth Case for Spending Cuts
    Posted in Commentary on February 13, 2011 | Preview rr
    Tags: Economy / Financial

    When House Republicans pledged to make cutting spending our top priority, we knew it wouldn’t be easy. The President and his party remain committed to the notion that the best way to create jobs and prosperity is to raise your taxes, spend your money, and then borrow some more money and spend that. ‪ ‪After two years, all of this borrowing and spending has not only failed to deliver promised jobs, but also plunged us deeper into debt. The problem is simple: Many families and businesses look at t... Read more

  • Looking forward to role righting federal budget
    Posted in Commentary on December 28, 2010 | Preview rr

    Every American family has a budget. Each of us must account for what we spend—for our apartment or home, groceries, utilities, clothes, transportation, medical and child care—and our savings for the future. We have to prioritize—and often this requires difficult trade-offs. But if you spend without priorities, you can quickly find yourself in big trouble, with mounting credit card debt or unpaid bills burdening you and those who depend on you for their livelihood. The federal government needs a ... Read more

  • Opposing view on fiscal reform: Address health care costs
    Posted in Commentary on December 5, 2010 | Preview rr

    The Fiscal Commission has been a success. Due in large part to the leadership of co-chairmen Erskine Bowles and Alan Simpson, the commission's deficit-reduction proposal has launched a critical debate about the biggest problem facing this country: how to get the federal government's fiscal house in order and ensure a growing and prosperous future. Tasked with an extraordinarily difficult challenge, the co-chairmen put forth a serious and credible plan aimed at reducing deficits. Unfortunately, t... Read more

  • Refocus The Fed On Price Stability Instead Of Bailing Out Fiscal Policy
    Posted in Commentary on November 30, 2010 | Preview rr
    Tags: Economy / Financial

    The Federal Reserve's recent announcement that it will purchase $600 billion in Treasury securities has ignited a firestorm of criticism, opening a much-needed debate over the central bank's proper role in economic policy decisions. We share the concerns that many economists and policymakers have expressed about the Fed's decision to act. The Fed's recent departures from rules-based monetary policy have increased economic instability and endangered the central bank's independence. It is time for... Read more

  • Rep. Ryan on His Medicare Plan
    Posted in Commentary on November 17, 2010 | Preview rr
    Tags: Entitlements: Health Care / Social Security

    The following was submitted by Representative Paul Ryan, Republican of Wisconsin. More on Mr. Ryan’s plan to change Medicare and reduce the deficit is here. For Medicare to meet its mission in the 21st century, this critical 20th century program must be secured for current and future seniors. Medicare’s open-ended, fee-for-service model distorts the health care market, inflates costs, and invites fraud and abuse. With tens of trillions of dollars in unfunded promises, Medicare is on an unsustain... Read more

  • Stop the Tax Hikes
    Posted in Commentary on November 15, 2010 | Preview rr
    Tags: Taxes

    Congress should act now to prevent across-the-board tax increases from hitting nearly all Americans on Jan. 1. Sustained job creation and economic growth are urgently needed — higher tax rates are not. The failure to take decisive action on this issue further heightens the uncertainty holding our economy back. It would be a mistake to increase taxes on any American family, worker or job creator. President Obama continues to make the case for raising the top two income tax rates, and raising tax ... Read more

  • How the Republicans can fulfill their pledge
    Posted in Commentary on November 3, 2010 | Preview rr

    America’s electorate has forcefully repudiated the party in power – again. In 2006 it fired a Republican party that had strayed from its principles. Then in 2008, in the midst of a financial crisis, the Democrats misinterpreted a mandate for change and President Barack Obama sought to remake America in his own image. Voters have now rejected this overreach. The question is, what comes next? Today America’s government stands divided. But we can all recognise that our current policy mix – borrow a... Read more

  • Washington vs. Paul Ryan
    Posted in Commentary on August 12, 2010 | Preview rr

    The immune system of the modern body politic is nothing if not resilient, and this summer all of its antibodies seem to be trained on heretofore little known Congressman Paul Ryan. That makes this a particularly instructive moment, because the attacks on the Wisconsin Republican show how deeply his radical honesty is subverting Washington's flim-flam—to borrow a phrase. "The flim-flam man" is what Paul Krugman called Mr. Ryan in a New York Times column last week that set a spleen-to-substance re... Read more

  • A Roadmap to America's Future
    Posted in Commentary on June 24, 2010 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Economy / Financial

    Our dire fiscal and economic challenges -- coupled with Washington's insistence on making matters worse -- are no excuse for retreat or despair. They are cause for inspiration and determination. The stakes of the debt debate present not only a challenge -- but also a once-in-a-generation opportunity to reclaim the promise and prosperity of this great nation. By acting now, a debt crisis can be averted by reforming government on our own terms. Americans need not suffer from painful austerity plan... Read more