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  • House Budget Committee Hearing – “Budgeting for Education: The Role of Perkins Loans”
    September 22, 2010 - Mr. Chairman, thank you for calling this hearing on the future of the Perkins Loan program. We all share a commitment to investing in the next generation and preparing our workforce to lead in today’s competitive global economy. I applaud the Administration for taking steps to promote accountability... More
  • Budget Boondoggle Award
    September 22, 2010 - With the end of the failed “recovery summer” – and the President proposing yet another $50-billion “stimulus” – it is worth reviewing one administration economic program touted as a “success.” But even the celebrated “Cash for Clunkers” has been an expensive and bumpy ride for many American consumer... More
  • Stop the Spending Spree; Prevent Looming Tax Hikes; Spur Job Creation
    September 8, 2010 - WASHINGTON - House Budget Committee Ranking Republican Paul Ryan (WI-01) called upon Congress to take action on a common sense plan to restrain government spending, prevent the imposition of a $3.8 trillion tax hike, and spur job creation. Earlier today, House Minority Leader John Boehner proposed a... More
  • Ryan Calls for Adult Conversation & Principled Leadership; Washington Partisans Continue Irresponsible Attacks
    August 27, 2010 - WASHINGTON – Earlier today, in a partisan speech at the National Press Club in Washington, Congressman Chris Van Hollen of Maryland echoed tired attacks against Congressman Paul Ryan’s proposal to save Social Security and Medicare. In response to these latest irresponsible scare tactics, Ryan issue... More
  • Higher Deficits & Debt - But Where are the Jobs?
    August 19, 2010 - WASHINGTON – Earlier today, the Congressional Budget Office [CBO] released an update to its budget and economic outlook. The CBO projects the budget deficit to eclipse $1.3 trillion this year, the debt held by the public to rise to over $10 trillion next year, economic growth to remain sluggish, and... More
  • The Looming Lost Decade
    August 19, 2010 - The Congressional Budget Office [CBO] released its updated budget and economic outlook. Key highlights from the report include: This year’s deficit is estimated to be $1.3 trillion. As a share of the economy, the deficit is 9.1 percent, roughly three times the average of the past 40 years. The debt ... More
  • Ryan Statement on GAO’s Finding that National Fiscal Gap is Over $86.3 Trillion
    August 13, 2010 - WASHINGTON - Today, the Government Accountability Office (GAO) released an alarming report which found that the 50-year fiscal shortfall – the difference between expected revenues and outlays – for state and local governments is $9.9 trillion. This, on top of the 75-year $76.4 trillion fiscal gap th... More
  • Washington vs. Paul Ryan
    August 12, 2010 - 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 ... More
  • Ryan Statement on Looming Bankruptcy of Social Security & Medicare
    August 5, 2010 - Earlier today, the trustees of Social Security and Medicare issued their annual report, warning again of the programs’ major financial shortfalls underscoring the urgent need for reform. In response to the release of 2010 Social Security and Medicare Trustees Report, House Budget Committee Ranking R... More
  • The Illusions of Pay-GO
    July 29, 2010 - When Democrats claimed the congressional Majority in the 110th Congress, the House Leadership promptly installed a “pay-as-you-go” rule they pledged would ensure “no more deficit spending.” When President Obama signed a pay-as-you-go statute in February this year, he declared: “Now, Congress will ha... More