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Ryan on Washington’s Missed Opportunity

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Washington, Oct 16, 2013 | Will Allison (202-226-6100) | comments

House Budget Committee Chairman Paul Ryan of Wisconsin issued the following statement on tonight’s vote:

“Today’s legislation reopens the government and averts default. It rejects Democrats’ demands to increase spending. And it sets a precedent for further changes to Obamacare.

“But it’s also a missed opportunity. To pay our bills today—and to make sure we can pay our bills tomorrow—we must make a down payment on the debt. Today’s legislation won’t help us reduce our fast-growing debt. In fact, it could extend the debt ceiling well into next year, further delaying any action. In my judgment, this isn’t a breakthrough. We’re just kicking the can down the road.

“That said, I hope both sides will work together in the months ahead to pay down the debt, provide relief for families, and grow the economy. I look forward to convening the first conference on a budget resolution since 2009. And though a budget resolution by itself can’t resolve our spending problem, I’m committed to making a bipartisan budget conference a success.”

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