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."
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