House and Senate Press Conference on the Budget
The House Republican Budget Alternative: Ryan Proposes "The Path To American Prosperity"
House Budget Committee Ranking Republican Paul Ryan (WI) today introduced a comprehensive alternative to the fiscal year 2010 budget proposed by the President and Democratic Majority. In stark contrast to the Obama plan, the House Republican budget alternative will get spending and deficits under control - without raising taxes - and ensure America can prosper in the future.
Ryan issued the following the statement:
"America is coping with a deep economic recession today, and facing a tidal wave of debt tomorrow. The President's budget exploits the current economic crisis to justify trillions in new spending, taxes, and debt. Worse, by failing to address the looming insolvency of our entitlement programs, his plan puts our nation on a path to an even more dire fiscal catastrophe in the future.
"Republicans must not only act to stop this disastrous course, but offer the American people a better choice. Our budget alternative provides a path out of our current crisis - by restoring economic growth and job creation, controlling spending and deficits - and by lifting the crushing burden of debt and taxes from future generations.
"The House Republican budget alternative reflects the firm belief that America's greatest strengths lie in Americans themselves. Empowering Washington to micro-manage our personal affairs threatens prosperity; encouraging the creativity and entrepreneurial spirit of the American people restores prosperity. The stakes of this budget debate could not be higher; and the choice for a stronger, more secure, and more prosperous future could not be more clear."
The House Republican budget alternative works to accomplish four main goals: 1) fulfill the mission of health and retirement security; 2) control our nation's debts; 3) put our economy on a path of growth and leadership in the global economy; and 4) preserve the American legacy of leaving the next generation better off.
The Republican Road to Recovery