House Budget Committee Chairman Paul Ryan offered an interesting take on the President’s leadership on dealing with our long-term debt and deficits the recent deficit reduction negotiations in today’s Wall Street Journal. Below are a few of Congressman Ryan’s claims along with our responses.
Claim: The President has failed to put forward a plan to tackle our long term debt and deficits.
Claim: The GOP “won the policy debate” during the debt negotiations.
Claim: The President “warned Republican leaders not to call his bluff by sending him a bill without tax increases.”
Claim: Spending on Medicare, Medicaid and the Affordable Care Act is projected to skyrocket, while the House Republicans’ budget outlined a responsible approach to Medicare and Medicaid Reform.
Claim: The House Republicans’ plan would put the budget on a path to balance without tax increases, while President Obama tried to use the debt ceiling negotiations to raise taxes.