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Paul Ryan Working on a Budget That Balances in 10 Years
ABC News ^ | 01/23/2013

Posted on 01/23/2013 8:35:24 AM PST by SeekAndFind

House Budget Chairman Paul Ryan is working on a budget that a spokesman says will balance in 10 years, according to a spokesman.

“Chairman Ryan looks forward to working with his colleagues to draft a responsible budget by the April 15 deadline. He hopes last week’s agreement helps spur action by his Senate counterparts to do the same,” Budget Committee spokesman Will Allison said. “With the right reforms put in place, Chairman Ryan’s goal is to advance a budget that balances within a decade.”

(Excerpt) Read more at abcnews.go.com ...


TOPICS: Constitution/Conservatism; Culture/Society; Government; News/Current Events
KEYWORDS: budget; debt; deficit; paulryan

1 posted on 01/23/2013 8:35:32 AM PST by SeekAndFind
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To: SeekAndFind

I could balance the budget in one year - but there would be a whole bunch of really pissed off EBT’ers, EITC’ers, Section 8’ers, et al....


2 posted on 01/23/2013 8:36:58 AM PST by Gaffer
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To: SeekAndFind

Another phony budget based on unrealistic projections.


3 posted on 01/23/2013 8:38:01 AM PST by fortheDeclaration (Pr 14:34 Righteousness exalteth a nation:but sin is a reproach to any people)
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To: SeekAndFind

Congress cannot commit to a ten year plan. No future Congress is bound by it. Anything slated for more than one year needs to front load most of the cuts into the first year.


4 posted on 01/23/2013 8:38:59 AM PST by Ingtar (Everyone complains about the weather, but only Liberals try to legislate it.)
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To: SeekAndFind

Fix the unemployment problem and tax revenues will soar, outlays will fall and the budget will be a lot easier to balance.

Or do what you did last year. Try to arbitrarily cut entitlements without first addressing the underlying economic problems and watch the democrats win elections.


5 posted on 01/23/2013 8:39:08 AM PST by DannyTN
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To: SeekAndFind

Where the hell was he two years ago?? He could balance it in 40 years then and two or three trillion in spending later he can balance it in ten years??

Two years ago, at their strongest point, they were scared. Now at their weakest point, their bold.

Good Grief!

Should have listened to Bachmann then, but she was a conservative and had to be marginalized!


6 posted on 01/23/2013 8:40:44 AM PST by cotton1706
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To: SeekAndFind

Balance the budget in 1 year and begin a flat tax of 13%

Watch the economy take off.


7 posted on 01/23/2013 8:40:58 AM PST by PGR88
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To: SeekAndFind
Dear Critter Ryan,

What cuts are goig to be made during THIS session of Congress.

Enough with the smoke already, it's coming out my ears for a number of reasons.

8 posted on 01/23/2013 8:41:45 AM PST by Paladin2
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To: SeekAndFind

Ten year plan means nothing, the next congress is not bound by this “plan”.
Just balance the budget this year, its easy CUT!!!! spending.


9 posted on 01/23/2013 8:44:59 AM PST by svcw (Why is one cell on another planet considered life, and in the womb it is not.)
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To: SeekAndFind
Once upon a time, a lot of people had high praise for Ryan, but I am proud to say that I never did. I've never thought he was serious about the budget.

When Obama was racking up $1.6T in annual deficit spending, Ryan put forth a "bold" plan to cut $50B a year over 10 years. It was a joke, but I think many people didn't see it for what it was. They said it was "draconian". HA!

Bottomline: Have a plan for next year. Don't give me any of this "10 year Plan" crap. You have no control over that, and you know you have no control over it. When a congressman talks about "10 years" I know that they are trying to snow me.

10 posted on 01/23/2013 8:46:15 AM PST by ClearCase_guy (Nothing will change until after the war.)
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To: Gaffer

Agreed! But don’t just “balance” the budget cut spending enough that the national debt can start being paid down!!


11 posted on 01/23/2013 8:47:50 AM PST by jimmyo57
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To: ClearCase_guy

Ron Paul had a budget on his election web site that would fix the deficit in about five years.


12 posted on 01/23/2013 8:48:26 AM PST by garyb
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To: SeekAndFind

In other words, keep running budget deficits for another decade or more. Pffffftttt!!!


13 posted on 01/23/2013 8:48:59 AM PST by avacado
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To: jimmyo57

I say we take the extra money we need to pay down the debt from the Union Pension funds....ha ha....


14 posted on 01/23/2013 8:49:13 AM PST by Gaffer
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To: SeekAndFind

The simplest way to get a balanced budget that will turn into a surplus in later years is to start at a less insane spending level (say, FY 2008) and increase the total budget by 2% per year. Even at anemic growth, the economy will outpace that in the long run; eventually the budget balances and moves into surplus.


15 posted on 01/23/2013 8:55:55 AM PST by kevkrom (If a wise man has an argument with a foolish man, the fool only rages or laughs...)
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To: ClearCase_guy
" Bottomline: Have a plan for next year. Don't give me any of this "10 year Plan" crap. You have no control over that, and you know you have no control over it. When a congressman talks about "10 years" I know that they are trying to snow me."
agree...stop playing games/Congressional tactics...discipline/enforce a budget

16 posted on 01/23/2013 8:58:47 AM PST by skinkinthegrass (who'll take tomorrow,spend it all today;who can take your income,tax it all away..0'Bozo man can :-)
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To: SeekAndFind

Has as much of a chance passing as I do *&^ing Pamela Anderson.


17 posted on 01/23/2013 9:00:08 AM PST by TheRhinelander
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To: ClearCase_guy
" Bottomline: Have a plan for next year. Don't give me any of this "10 year Plan" crap. You have no control over that, and you know you have no control over it. When a congressman talks about "10 years" I know that they are trying to snow me."
agree...stop playing games/Congressional tactics...discipline/enforce a budget

18 posted on 01/23/2013 9:00:21 AM PST by skinkinthegrass (who'll take tomorrow,spend it all today;who can take your income,tax it all away..0'Bozo man can :-)
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To: jimmyo57

The National Debt CAN NEVER BE PAID DOWN, All money in the US is “created” out of debt, first at the Federal Level, and second at the Commercial Bank Level where that debt is used as the basis to “create” roughly $9 to be lent out for each $1 of DEBT actually held. Were we to actually “Balance” the Budget we would instantly be in a Depression, should we attempt to pay down any Federal Debt, severe Depression is Guaranteed, All of this is by Design by the Moneychangers and their Puppets in Congress. The single greatest reason Obama is racking up Record Deficits is because the People are Shedding Debt enmasse, our Monetary System “REQUIRES” an ever expanding DEBT, if the People Don’t Borrow, Government MUST make up the Difference. Unless of course You think we are ready to back to 19 cent loaves of bread and $25,000 Brand New homes, $2500 New Cars,...Like it was Before Nixon Officially recognized the Bankruptcy of the US in 1971.


19 posted on 01/23/2013 9:05:23 AM PST by eyeamok
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To: SeekAndFind

In 10 years the deficit would be 75 trillion if that were possible to maintain.


20 posted on 01/23/2013 9:13:17 AM PST by Revel
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To: fortheDeclaration

We need to replace this weakness. But I don’t think we have time.


21 posted on 01/23/2013 9:17:10 AM PST by willardwx
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To: SeekAndFind

Useless.

Puppet Ryan, you will lose congress in two years, and this will be as meaningless as anything else you are you ilk have ever done, which as a matter of fact is utterly nothing.

If this is the best you can do, then don’t even bother.


22 posted on 01/23/2013 9:18:29 AM PST by chris37 (Heartless.)
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To: chris37

RE: this will be as meaningless as anything else you are you ilk have ever done, which as a matter of fact is utterly nothing.

I gather you are against his PATH TO PROSPERITY plan... If so, can you tell us why you’re against it?


23 posted on 01/23/2013 9:21:39 AM PST by SeekAndFind
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To: SeekAndFind
I want to go on a diet and lose 50 pounds, but I am only 40 pounds overweight. So I intend to gain 2 pounds a year over the next five years and then I will be able to lose those pesky 50 pounds within 10 years.

Pass the fried chicken and gravy.

24 posted on 01/23/2013 9:25:55 AM PST by AmusedBystander (The philosophy of the school room in one generation will be the philosophy of government in the next)
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To: SeekAndFind

Hey Paul if you need more revenue withhold payroll taxes from all welfare programs.


25 posted on 01/23/2013 9:31:36 AM PST by csmusaret (I will give Obama credit for one thing- he is living proof that familiarity breeds contempt.)
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To: SeekAndFind

Because it’s meaningless, just like I said in the post that you quoted.

The only path this country is on is to ruin.


26 posted on 01/23/2013 9:35:32 AM PST by chris37 (Heartless.)
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To: SeekAndFind

I’m sure the budget will be no cuts the first year and steep cuts for the additional 9 years for which they don’t have the authority to bound future congresses to. I hope I am wrong, and I like Paul Ryan, but I am sick of the shell game.


27 posted on 01/23/2013 9:36:45 AM PST by wolfman23601
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To: csmusaret

I’ve said it a million times, “I could balance the budget in one hour without a tax increase. And I’d enjoy every minute of it.”


28 posted on 01/23/2013 9:38:59 AM PST by huckfillary (qual tyo ta)
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To: SeekAndFind
Who cares? It will never be honored because Democrats and many in the GOP will just ignore it. We have a politician problem in D.C. right now that will not allow any AMERICAN solutions to be implemented.
29 posted on 01/23/2013 9:39:30 AM PST by Major Matt Mason ("Journalism is dead. All news is suspect." - Noamie)
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To: SeekAndFind

Lost me at “...will balance in 10 years”. What a crock.

Even if the entire Fed-Guv were to shut down tomorrow, there would not be enough money to pay the d@88 entitlements. That is the dirty little secret.

The best avenue of mitigation is to lower corporate and personal tax rates to fire sale levels to attract money from around the world before the big collapse.


30 posted on 01/23/2013 9:49:10 AM PST by VRW Conspirator (Sometimes it takes calamity to lead to serenity - FReeper RacerX1128)
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To: huckfillary
Republicans are terrified of the massive social unrest that would follow the necessary budget cuts. Democrats and the bankster puppet-masters are uneasy about it, too, but it seems to be a full-on phobia with the GOP. I don't expect any serious debt reduction proposals to come from the Republican side - ever.
31 posted on 01/23/2013 10:00:05 AM PST by Mr. Jeeves (CTRL-GALT-DELETE)
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To: SeekAndFind

I read the replies on this thread and have to shake my head in sadness. 99% of Freepers have zero support for Paul Ryan’s attempt at coming up with a sensible 10 year plan, when he was being vilified for his “Path to Prosperity” which was a slower return to a balanced budget.

In other Freep threads, I’ve seen Freepers respond “don’t you dare touch MY Medicare!” or “MY Social Security!”

How do we expect this country to turn-around when even the people on “our side” can’t get behind a rational and needed budget and plan to turn this mess around? Very depressing and very discouraging.


32 posted on 01/23/2013 10:21:54 AM PST by ReleaseTheHounds ("The problem with Socialism is that eventually you run out of other people's money." M. Thatcher)
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To: Gaffer; SeekAndFind; All
Start with foreign aide!

The average American hasn’t a CLUE how much of our tax money Obama has sent down Muslim sh*t holes while he plans to slash the military, CUTS MEDICARE and threatens to withhold senior’s social security checks!

BILLIONS FOR JIHAD! Obamas 2009 Supplemental Appropriations for Iraq, Afghanistan, Pakistan, and Pandemic Flu was revised and passed by the full committee. It gives billions of U.S. taxpayer dollars to countries and entities that support Sharia law and/or harbor, hide and support those who want to destroy the U.S. and our allies. http://creepingsharia.wordpress.com/2009/05/1...

Read the summary from David Obeys office that was quietly released last week with nary a word from any media.

$3.6 BILLION, matching the request, to expand and improve capabilities of the Afghan security forces

$400 MILLION, as requested, to build the counterinsurgency capabilities of the Pakistani security forces

AFGHANISTAN: $1.52 BILLION, $86 MILLION above the request WEST BANK AND GAZA: $665 MILLION in bilateral economic, humanitarian, and security assistance for the West Bank and Gaza

JORDAN: $250 million,$250 million above the request, including $100 million for economic and $150 million for security assistance

EGYPT: $360 MILLION, $310 million above the request, including $50 million for economic assistance,$50 million for border security, and $260 million for security assistance

PAKISTAN:$1.9 billion,$591 million above the request

IRAQ:$968 MILLION,$336 million above the request

Oversight: $20 million,$13 million above the request, to expand oversight capacity of the State Department, USAID, and the Special Inspector General for Afghanistan to review programs in Afghanistan, Pakistan and Iraq

Lebanon:$74 million

International Food Assistance:$500 MILLION,$200 million above the request, for PL 480 international food assistance to alleviate suffering during the global economic crisis

REFUGEE ASSISTANCE:$343 MILLION,$50 million above the request, including humanitarian assistance for Gaza.

Funding for the UN Relief and Works Agency programs in the West Bank and Gaza is limited to $119 million (Note: Gaza = Hamas)

Disaster Assistance: $200 MILLION to avert famines and provide life-saving assistance during natural disasters and for internally displaced people around the world, including Somalia, Zimbabwe, Ethiopia, the Middle East and South Asia

Peacekeeping:$837 MILLION FOR UNITED NATIONS peacekeeping operations, including an expanded mission in the Democratic Republic of the Congo and a new mission in Chad and the Central African Republic

Department of Justice: $17 million, matching the request, for counter-terrorism activities and to provide training and assistance for the Iraqi criminal justice system

OBAMA GIVES YOUR TAX DOLLARS TO REBUILD MUSLIM MOSQUES AROUND THE WORLD! http://canadafreepress.com/index.php/article/... #

ACCORDING TO THE ASSOCIATED PRESS, THE OBAMA ADMINISTRATION WILL GIVE AWAY NEARLY $6 MILLION OF AMERICAN TAX DOLLARS TO RESTORE 63 HISTORIC AND CULTURAL SITES, INCLUDING ISLAMIC MOSQUES AND MINARETS, IN 55 NATIONS. See the State Department document here. http://exchanges.state.gov/media/pdfs/office-...

And THAT’S just the tip of the iceberg.

THIS will blow your mind!! http://gbk.eads.usaidallnet.gov/ They should have 2010 up, but they don’t. That’s where you’ll find Obama’s largesse towards Muslim countries really go off the charts.

http://www.foreignassistance.gov/DataView.aspx charts: http://gbk.eads.usaidallnet.gov/data/fast-facts.html .

_____________________________________________________

Obama Increased Foreign Aid 80%; Spent 76% More on Foreign Aid Than Border Security cnsnews

CNSNews.com) - From fiscal 2008 to fiscal 2011, according to the U.S. Treasury, the federal government increased spending on foreign aid by 80 percent and, in fiscal 2011, spent 76 percent more on foreign aid than it did securing the borders of the United States.

In fiscal 2008, the government spent a total of $11.427 billion in international assistance programs, according to the Monthly Treasury Statement. In fiscal 2011, according to the statement, it spent $20.599 billion—an increase of $9.172 billion, or 80 percent, from 2008.

http://cnsnews.com/news/article/obama-increased-foreign-aid-80-spent-76-more-foreign-aid-border-security

33 posted on 01/23/2013 10:50:03 AM PST by patriot08 (NATIVE TEXAN (girl type))
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To: ReleaseTheHounds

Sensible?

Like others have posted, if it isn’t in A1S8, it get the axe. Balancing would be a breeze and 1 yr.


34 posted on 01/23/2013 12:25:04 PM PST by i_robot73
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To: Gaffer

It is relatively painless to cut $1 TRILLION out of the budget. Energy, Labor, Education & HHS - all gone. No foreign aid to anybody; no block grants; severe cutbacks in TSA, EPA and OSHA. Retire half the generals and admirals in the Pentagon. Reduce Congressional staffs and pay.


35 posted on 01/23/2013 12:35:14 PM PST by NTHockey (Rules of engagement #1: Take no prisoners)
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“Paul Ryan Working on a Budget That Balances in 10 Years”

Not something you would want on your resume if you were applying for the position of CFO or financial planner with a Fortune 500 company or to operate a lemonade stand for that matter.


36 posted on 01/23/2013 12:41:40 PM PST by Enough is ENOUGH (Pick the date when the national debt collapses the dollar and destroys our Republic)
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To: SeekAndFind
Paul Ryan Working on a Budget That Balances in 10 Years

100% complete fraud. Based on estimates that will NOT hold over the next 10 years. I'd be willing to be an ounce of silver that the United States will have breakaway states in the next 10 years. I'd be willing to bet the Federal Reserve interest rate will exceed 10% in 10 years.

NOTHING he is working with now has the ability to be projected out 10 years.

It is all nonsense, smoke and mirrors.

37 posted on 01/23/2013 1:35:51 PM PST by backwoods-engineer ("Remember: Evil exists because good men don't kill the gov officials committing it." -- K. Hoffmann)
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