House Democrats described the budget they released yesterday as a “clear contrast” to the one introduced by House Budget Committee chairman Paul Ryan (R–WI). It is a clear contrast—but that’s not a compliment. The proposal, offered by Representative Chris Van Hollen (D–MD), ranking member of the Budget Committee, merely calls …
In today’s Wall Street Journal, Edwin J. Feulner, president of the Heritage Foundation, Arthur C. Brooks, president of the American Enterprise Institute, and William Kristol, a director of the Foreign Policy Initiative, co-authored an op-ed on House Budget Committee Chairman Paul Ryan’s “Path to Prosperity” budget. Here’s an excerpt: In an …
The Republican Study Committee (RSC) budget introduced today addresses six key fiscal criteria. It launches decisive entitlement reforms, cuts spending sharply and quickly, avoids tax hikes, includes pro-growth tax reform, provides for a strong national defense, and moves aggressively—within five years—to a balanced budget. The plan falls short in substantiating …
On March 22, Representative Paul Ryan (R–WI), chairman of the House Budget Committee, sat down with Heritage’s David Addington, Michael Franc, and Stuart Butler to discuss his budget proposal The Path to Prosperity: Restoring America’s Promise and President Obama’s fiscal year (FY) 2013 budget. Ryan’s assessment of defense spending, in …
President Obama’s infamous “Buffett Rule,” which would set a 30 percent minimum effective tax rate for families and businesses with incomes greater than $1 million, would raise a paltry $47 billion over 10 years according to a recent report by the Joint Committee on Taxation. During that same timeframe, President …
This morning at The Heritage Foundation, Representative Paul Ryan (R–WI), chairman of the House Budget Committee, sat down with Heritage’s David Addington, Michael Franc, and Stuart Butler to discuss his budget proposal The Path to Prosperity: Restoring America’s Promise and President Obama’s fiscal year (FY) 2013 budget. The importance of …
The defense commitments in Chairman Paul Ryan’s (R–WI) budget proposal, “The Path to Prosperity: Restoring America’s Promise,” are a step in the right direction. The budget makes a down payment on the defense the United States needs, moving toward rebuilding a defense posture that has been strained by 10 years …
There are six key elements to a successful federal government budget, including the plan released today by House Budget Committee chairman Paul Ryan (R—WI): Does it cut spending sharply and quickly? Does it begin decisive entitlement reform? Does it avoid any tax hikes? Does it ensure a strong national defense? …
Paul Ryan (R-WI), Chairman of the House Budget Committee, will release his budget blueprint today in what will surely be one of the most important policy developments in Washington this year. If as expected Senate Democrats fail yet again to advance a budget for the government, then the Ryan Budget …