Ryan: ‘We Have a Moral Obligation’ to Balance the Budget

by Nathaniel Botwinick

House Budget Committee chairman Paul Ryan (R., Wis.) introduced his budget to the committee he leads this morning. Ryan insisted that “we have a moral obligation” to balance the budget and to prevent the oncoming debt crisis. He explained that “our debt is a sign of overreach,” because when the government “does everything, it doesn’t do anything well.” Representative Ryan predicted that balancing the budget in ten years would lead to economic growth and new jobs in America. He also announced that under his plan the government would “get out of cronyism.” Ryan ended his statement with a challenge to Democrats: “If you don’t like our plan, offer your own.”

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