Ryan says his plan will balance the budget in 10 years - WXOW News 19 La Crosse, WI – News, Weather and Sports |

Ryan says his plan will balance the budget in 10 years

WASHINGTON, D.C. (WXOW) -- Congressman Paul Ryan, of Janesville, said on Fox News Sunday his goal is to balance the federal budget in a decade, and added that he doesn't; think it's too big of a stretch.

"We always got close to balancing the budget, but, not quite there," said Rep. Ryan. "We don't have to do much simply because the new CBO baseline makes it easier, because the new baseline reflects the fiscal cliff, which is higher revenues and lower spending, making it easier to balance."

Ryan, a Republican and the House Budget Committee chair, plans to reveal his budget proposal on Tuesday. He says it would cut about $5 trillion in spending over 10 years.

He didn't give too many specifics, but said his plan includes the repeal of the Affordable Care Act, which Republicans refer to as Obamacare.

"Obamacare does such damage to Medicare that it's going to damage the program
for current seniors," Ryan said. "We don't want that to happen."

 

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WXOW. All Rights Reserved.
For more information on this site, please read our Privacy Policy, Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Theresa Wopat at 507-895-9969. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.