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Feb 21, 2011
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one of the biggest voices on the republican side is their new house budget chair, paul ryan, who said this to politico's mike allen -- >> so are you committed to doing on medicare? >> yes, we have to fix these problems. >> are you committed to doing something on medicaid? >> we think medicaid reform is a very big part of it. >> are you going to provide social security reform? >> we're going throok at all of the issues. >> the president said he's open to a conversation about the recommendations of the own dealt. >> the notion it's been shelved i think is incorrect. it still provides a framework for a conversation. you guys are pretty impatient. if something doesn't happen today, then the assumption is it's just not going to happen. >> howard, i know you're not impatient. >> no, i've seen this movie many times before. >> the president said he's open to qualifications. there are talks with republican leaders. is this getting serious? >> nobody would, because of that chart that you showed, nobody wants to be seen as somebody who doesn't care about it, ok. so they're sort of facing outward
one of the biggest voices on the republican side is their new house budget chair, paul ryan, who said this to politico's mike allen -- >> so are you committed to doing on medicare? >> yes, we have to fix these problems. >> are you committed to doing something on medicaid? >> we think medicaid reform is a very big part of it. >> are you going to provide social security reform? >> we're going throok at all of the issues. >> the president said he's open to...
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Feb 13, 2011
02/11
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>> i would have accepted paul ryan's initial budget which i think had serious cuts. i don't think they have gone too far. i think they need to understand they can't just -- there is a lot of support for big cuts but they need to continue making the case for that and they need to follow-up with entitlement cuts. having a big fight in the party about how far to go in entitlements. i think it will look ridiculous to cut the domestic discretionary spending but then say on over half the budget -- >> they need to make a consistent case for why we need to relimit government. they can't assume because they won one election everyone will be with them for the the next two years. >> the american people know what is true what paul ryan said is that we tried barack obama's model here now with the stimulus spending and if additional government spending was what it took to create jobs then we would be at full employment. we are not. i think there is a response to what bill said but -- >> chris: i think that is an easier argument for republicans to make and to win but when somebody
>> i would have accepted paul ryan's initial budget which i think had serious cuts. i don't think they have gone too far. i think they need to understand they can't just -- there is a lot of support for big cuts but they need to continue making the case for that and they need to follow-up with entitlement cuts. having a big fight in the party about how far to go in entitlements. i think it will look ridiculous to cut the domestic discretionary spending but then say on over half the budget...
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Feb 15, 2011
02/11
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. >>> for more on this, let's turn to the republican chairman of the house budget committee, paul ryan. thanks for coming in this morning, congressman. you heard jonathan karl. that is the white house line. you say you've come up with specific spending cuts. but you don't have a deficit reduction plan. will you commit to come up with a plan that reduces the deficit by more than the president? >> of course, we will. that's not easy to accomplish, george because the president punted on the budget. i'm disappointed. i was hoping for sincere presidential leadership. the biggest threat to our budget and our economy, is our debt. he doubled the debt in five years after taking office. and then, triples it in ten years. yes, we will, when we bring our budget to the floor, bring a budget that is far more interested in debt reduction. >> how are you going to do that, congressman? i take you at your word. but it will be something to see. you've ruled out tax increases. revenue increases of any kind. that means you have to come up with a $1.6 trillion more in savings than the president, just to ge
. >>> for more on this, let's turn to the republican chairman of the house budget committee, paul ryan. thanks for coming in this morning, congressman. you heard jonathan karl. that is the white house line. you say you've come up with specific spending cuts. but you don't have a deficit reduction plan. will you commit to come up with a plan that reduces the deficit by more than the president? >> of course, we will. that's not easy to accomplish, george because the president...
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Feb 15, 2011
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their first action so speaks to the contrary of what paul ryan said. he has voted to repeal the health law, that reduces the deficit. we want to work in a bipartisan way. many of us believe there is more we should do to bring down the costs. they have not done anything about it, there is no point in going forward. they are the majority in the house, so they have to get serious about it. host: what about bringing the first one out of the date on entitlement reform. here's what one person said. guest: the president has put out a serious deficit reduction plan in his budget. republicans have not. all they have done said, we are going to talk about this plan and not to do anything going forward. if we want things to get better, we have to work together to bring down the cost of entitlement. we made a good strong step on medicare. we should acknowledge that. we need to move forward to make sure those reforms start working. republicans want to stop those. the president has made it very clear that the only way we can get through this is by not slinging heroes
their first action so speaks to the contrary of what paul ryan said. he has voted to repeal the health law, that reduces the deficit. we want to work in a bipartisan way. many of us believe there is more we should do to bring down the costs. they have not done anything about it, there is no point in going forward. they are the majority in the house, so they have to get serious about it. host: what about bringing the first one out of the date on entitlement reform. here's what one person said....
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Feb 26, 2011
02/11
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paul ryan and chris van hollen get along well. they will keep talking. >> he wanted to ask a question here? >> for tom, what was the main reason your committee was not able to put out a budget resolution? do you think 1 will be put out this year? what do you think is the biggest obstacle for getting a budget resolution? >> we did not put a budget resolution on the floor last year. we put out a budget enforcement resolution, which did pass. we preferred -- we would prefer a budget resolution. the budget resolutions that the discretionary spending level. that level was significantly below the level that the president requested. with the budget enforcement resolution and statutory paygo and the bowles-simpson committee, all of those would have a good effect. you need to get 218 votes to pass something. austin is worried about passing something in the how. it is really a challenge. to get 218 members to vote or something is the equivalent of trying to herd cats. it is like trying to herd squirrels. it is difficult and i wish you luck
paul ryan and chris van hollen get along well. they will keep talking. >> he wanted to ask a question here? >> for tom, what was the main reason your committee was not able to put out a budget resolution? do you think 1 will be put out this year? what do you think is the biggest obstacle for getting a budget resolution? >> we did not put a budget resolution on the floor last year. we put out a budget enforcement resolution, which did pass. we preferred -- we would prefer a...
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Feb 16, 2011
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majority leader now, and paul ryan. and rayyan said "we've got to do entitlements" and cantor said "this is going to be tough." this week or today they got so pissed off at barack obama's budget that eric cantor and the leadership signed on the do entitlements. so they're at least thinking big. >> rose: so what are they going to do with entitlements? >> well, they haven't committed to anything but paul ryan, i spoke to him yesterday and he said "we've got to do it now." and paul ryan's been on the show several times and he's an even tempered guy. he's a principled conservative guy but i've never seen him so angry. he said "i really did not expect this." he really felt the president's budget was much smaller than he expected and he said it's going to make it harder for us to do a lot of the stuff we want to do because his numbers are so small but he was genuinely angry. but i think it goaded them up and so the republicans are going to be bigger. now, the crucial issue is how does this all play out? and are the republican
majority leader now, and paul ryan. and rayyan said "we've got to do entitlements" and cantor said "this is going to be tough." this week or today they got so pissed off at barack obama's budget that eric cantor and the leadership signed on the do entitlements. so they're at least thinking big. >> rose: so what are they going to do with entitlements? >> well, they haven't committed to anything but paul ryan, i spoke to him yesterday and he said "we've got to...
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Feb 27, 2011
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i have had conversations with paul ryan to see if we can find some common ground in this area. you want to make sure the congress has an opportunity to make sure they preview the cuts the president proposes to build that have already been signed. i believe that is a way to get to some of these budget issues. >> a quick foreign policy question. given what we are seeing in the middle east and north africa, do you think we are headed for a situation where the united states is going to be pulled into some kind of military intervention? we heard about a no-flight zone in libya. are we headed -- no-fly zone in libya. >> i do not think we are headed toward a situation where we will have troops on the ground in libya. there is an array of military options. people are looking at a fly zone in of a nos- libya. there was a no-fly zone in iraq before troops got there. it is something that needs to be look at when you have this continuing situation where gaddafi appears to be willing to kill thousands and thousands and thousands of people to keep himself in power. i would not recommend the
i have had conversations with paul ryan to see if we can find some common ground in this area. you want to make sure the congress has an opportunity to make sure they preview the cuts the president proposes to build that have already been signed. i believe that is a way to get to some of these budget issues. >> a quick foreign policy question. given what we are seeing in the middle east and north africa, do you think we are headed for a situation where the united states is going to be...
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Feb 7, 2011
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as, again, i put my money on paul ryan. and these questions are highly technical, and i'm not particularly capable of answering them. but i don't think you are either when you come up with some simple thing that -- we just raise taxes, and taxes will retire the debt and on we are to a happier, happier, glad and happy morn. i don't think we're on to a glad and happy morn. i think we get in a even more of a budgetary mess with growth being impeded. >> host: jay e-mails in to you, mr. tyrrell: is it possible that the showmen on the conservative side -- rush limbaugh, hannity and o'reilly -- present an image which offsets to a large degree the arguments and positions of thoughtful, intelligent observers like krauthammer and tyrrell? >> guest: i think we all talk to different audiences. and to some degree i've seen the conservative movement grow from a movement of a handful of intellectuals to a movement of a whole armful of intellectuals to a popular movement now. and a popular movement we shouldn't be surprised that a popular
as, again, i put my money on paul ryan. and these questions are highly technical, and i'm not particularly capable of answering them. but i don't think you are either when you come up with some simple thing that -- we just raise taxes, and taxes will retire the debt and on we are to a happier, happier, glad and happy morn. i don't think we're on to a glad and happy morn. i think we get in a even more of a budgetary mess with growth being impeded. >> host: jay e-mails in to you, mr....
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Feb 19, 2011
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the republicans have become a wrecking crew led by paul ryan and wrecking medicare. this amendment is a deeply dangerous prescription for americans' health. this prescription needs to be >> democratic leaders are spending'so be it' bill, talking about the possibility of federal job losses. >> good afternoon, we are in the sixth week of the new republican majority and we have yet to see republicans address the number one priority. they have not put forth one jobs bill to create one job. democrats and the american people have been repeating a simple refrain -- show us the jobs. the gop is not just ignoring jobs, they are cutting them. today, we continue to debate a republican spending bill that cuts jobs, weakens the middle class, and does not reduce the deficit. bill will destroy 800,000 american jobs according to the economic policy institute. it would increase class sizes and take teachers out of the classroom. imagine what this means to people across the country. the class size in your school may be increased. my own granddaughter told me that was not a good idea.
the republicans have become a wrecking crew led by paul ryan and wrecking medicare. this amendment is a deeply dangerous prescription for americans' health. this prescription needs to be >> democratic leaders are spending'so be it' bill, talking about the possibility of federal job losses. >> good afternoon, we are in the sixth week of the new republican majority and we have yet to see republicans address the number one priority. they have not put forth one jobs bill to create one...
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Feb 21, 2011
02/11
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and under paul ryan economied to entitlement reform. they are doing the right thing and not just cuts to the specialty spending. entitlement reform. governor walker in wisconsin is trying to reform the public employee union system. wisconsin is paul ryan and walker -- >> they just have to give up the ten electoral votes. >> wisconsin having a fight. the fight song, on wisconsin, on, wisconsin. it would be great. >> there is a number of -- >> chris: let meza you a specific question. juan says look what happened in '95 with gingrich and clinton. would that necessarily be true this time if this is a shutdown? >> i don't know. i don't think there will be a shutdown. i think there is a number that the senate and the white house will accept of cuts in the current year's budget. we don't know what the number it but the problem is the calendar and that they have hardly any time to get this done before march 4. >> chris: that is why you need an extension. check out panel plus where our group will pick up with this discussion on our website "fox
and under paul ryan economied to entitlement reform. they are doing the right thing and not just cuts to the specialty spending. entitlement reform. governor walker in wisconsin is trying to reform the public employee union system. wisconsin is paul ryan and walker -- >> they just have to give up the ten electoral votes. >> wisconsin having a fight. the fight song, on wisconsin, on, wisconsin. it would be great. >> there is a number of -- >> chris: let meza you a...
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Feb 20, 2011
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haley barbour, mitch daniels, newt gingrich, ron paul, tim paw lenny, rick perry, mitt romney, paul ryan, and john thune. but one non-presumptive candidate did appear and held forth. >> if i decide to run, i will not be raising taxes. [cheering] we'll be taking in hundreds of millions of dollars from other countries that are screwing us. [cheering] we'll be creating vast numbers of productive jobs. [cheering] and -- thank you very much. and we'll rebuild our country so that we can be proud. our country will be great again. >> question, is he serious about a presidential bid authorize is a publicity ploy? >> well, certainly it's a publicity ploy. the question something, is he serious about it? >> i don't know. but he is at least speaking on economic nationalism in a way that nobody else in america is. he's talking about the chinese, tariffs and putting man, one bo country. the message is right on for a republican, there's no republican out there that's got this message right now. up saw -- >> messenger. >> you saw who won on -- the messenger is too old. you saw who won sea pac, ron paul.
haley barbour, mitch daniels, newt gingrich, ron paul, tim paw lenny, rick perry, mitt romney, paul ryan, and john thune. but one non-presumptive candidate did appear and held forth. >> if i decide to run, i will not be raising taxes. [cheering] we'll be taking in hundreds of millions of dollars from other countries that are screwing us. [cheering] we'll be creating vast numbers of productive jobs. [cheering] and -- thank you very much. and we'll rebuild our country so that we can be...
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in many ways, i think it did start with paul ryan. i think when paul ryan put his road map out there, he was kind of the sole political leader who said we can get specific. we have to get specific and we can focus on the important parts of the budget. and i think he didn't have many followers but he showed you could do it and return stronger. his -- the attention that he's received for it -- the positive attention has risen tremendously. i hopes that serves as a model you can get specific and talk about what you believe. he'll tell you if you go to town hall meetings and tell people who don't agree with you why you're doing what you're doing they will be impressed for the candor and straightforwardness that it takes. we need other voices doing the same thing. now we have the bowles/simpson commission and i think that exceeded expectations in a remarkable way and put a lot of things out there that weren't out there before. it showed we could come up with comprehensive solutions that could meet the challenges. i can tell you my best gue
in many ways, i think it did start with paul ryan. i think when paul ryan put his road map out there, he was kind of the sole political leader who said we can get specific. we have to get specific and we can focus on the important parts of the budget. and i think he didn't have many followers but he showed you could do it and return stronger. his -- the attention that he's received for it -- the positive attention has risen tremendously. i hopes that serves as a model you can get specific and...
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i have had conversations with paul ryan to see if we can find some common ground in this area. you want to make sure the congress has an opportunity to make sure they preview the cuts the president proposes to build that have already been signed. i believe that is a way to get to some of these budget issues. >> a quick foreign policy question. given what we are seeing in the middle east and north africa, do you think we are headed for a situation where the united states is going to be pulled into some kind of military intervention? we heard about a no-flight zone in libya. are we headed -- no-fly zone in libya. >> i do not think we are headed toward a situation where we will have troops on the ground in libya. there is an array of military options. people are looking at a fly zone in of a nos- libya. there was a no-fly zone in iraq before troops got there. it is something that needs to be look at when you have this continuing situation where gaddafi appears to be willing to kill thousands and thousands and thousands of people to keep himself in power. i would not recommend the
i have had conversations with paul ryan to see if we can find some common ground in this area. you want to make sure the congress has an opportunity to make sure they preview the cuts the president proposes to build that have already been signed. i believe that is a way to get to some of these budget issues. >> a quick foreign policy question. given what we are seeing in the middle east and north africa, do you think we are headed for a situation where the united states is going to be...
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. >> susie: but that's not how republican house budget committee chairman paul ryan sees it. ryan said the president hasn't shown the leadership needed to tame the deficit. house republicans want $61 billion worth of cuts in federal spending this year. >> tom, for all of the hoopla about that big merger we've been talking about at the new york stock exchange, the new york stock exchange euro nex stock itself was down today, as was the dow average. >> tom: in fact, a little bit of profit-taking not only in the exchange sector, but most of the equity sectors. let's go ahead and get everybody updated in tonight's "market focus." the major indices spent the entire trading session in negative territory, closing with small losses. after the close, the focus shifted to technology with dell computer's latest results. dell's earnings were much better than estimates, coming in 16 cents over expectations. sales to corporate customers were strong and margins improved. the stock was weak heading into the report. after the results, the stock shot up by as much as 7% over this closing price
. >> susie: but that's not how republican house budget committee chairman paul ryan sees it. ryan said the president hasn't shown the leadership needed to tame the deficit. house republicans want $61 billion worth of cuts in federal spending this year. >> tom, for all of the hoopla about that big merger we've been talking about at the new york stock exchange, the new york stock exchange euro nex stock itself was down today, as was the dow average. >> tom: in fact, a little bit...
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Feb 10, 2011
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and it was clear from the questioning by budget committee chairman paul ryan that the fed will be under much tougher scrutiny. from the top, ryan said he doubted the short-term boost from the fed's bond buying program, known as quantitative easing, will outweigh the long- term pain. >> you're going to see inflation after it's already been launched and given that you have a huge balance sheet and given that we are in uncharted territory... that we're going to catch this after it is too late. >> reporter: fed chairman repeated his strong commitment to keep prices stable. and he said, for now, markets believe that. he said investors are signaling through bond purchases that they expect inflation of about 2% over next five years. >> so there is not any indication in our financial markets that in the united states there is an expectation of inflation. >> reporter: another concern raised by republicans is that the federal reserve will eventually monetize the debt. that's what economists call it when a central bank prints money to pay off government borrowing. the end result is to flood the ec
and it was clear from the questioning by budget committee chairman paul ryan that the fed will be under much tougher scrutiny. from the top, ryan said he doubted the short-term boost from the fed's bond buying program, known as quantitative easing, will outweigh the long- term pain. >> you're going to see inflation after it's already been launched and given that you have a huge balance sheet and given that we are in uncharted territory... that we're going to catch this after it is too...
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you still have a hole of $7.2 trillion dollars, as republicans like house budget committee chairman paul ryan were quick to point out. >> the president punched it on the budget, on the deficit and on the debt. that's not leadership. that is an advo case of leadership. >> reporter: for perspective, the president's debt commission, recommended filling the budget hole with almost $4 trillion in tax increases and spending cuts, including changes to social security and medicare. but the administration ruled out any immediate changes to social security, and the president only hinted at what might be written in future budget books. >> so what we've done here is make a down payment, but there's going to be more work that needs to be done, and it's going to require democrats and republicans coming together to make it happen. >> reporter: one of the most alarming numbers in the budget gets very little attention. a huge chunk of the deficit-- $5.7 trillion-- goes to pay interest on the national debt. darren gersh, "nightly business report," washington. >> tom: here are the stories in tonight's n.b.
you still have a hole of $7.2 trillion dollars, as republicans like house budget committee chairman paul ryan were quick to point out. >> the president punched it on the budget, on the deficit and on the debt. that's not leadership. that is an advo case of leadership. >> reporter: for perspective, the president's debt commission, recommended filling the budget hole with almost $4 trillion in tax increases and spending cuts, including changes to social security and medicare. but the...
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Feb 23, 2011
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the young man who is the house chairman was on our commission, paul ryan. the man who is head of ways and means replacing charlie rangel is dave camp and he is having hearings on this. at the end of this little exercise, i will give you a good note of optimism as to how we have embedded our people in the system. i think things can work to some positive degree. >> i want to take it back. we got ahead of ourselves a little bit. in talk about how we get out of this problem. the president was talking about these investments in the state of the union. should he have been talking about that in the context of long-term fiscal responsibility? this problem we have is not one we can grow our way out of. you could have double digit growth for the next two decades and not solve this problem. this is not a problem that we can tax our way out of. raising taxes does not do a darned thing to solve the problem. the demographics in this country have changed drastically and people my age are becoming recipients of these entitlement programs. taxing doesn't do a darned thing t
the young man who is the house chairman was on our commission, paul ryan. the man who is head of ways and means replacing charlie rangel is dave camp and he is having hearings on this. at the end of this little exercise, i will give you a good note of optimism as to how we have embedded our people in the system. i think things can work to some positive degree. >> i want to take it back. we got ahead of ourselves a little bit. in talk about how we get out of this problem. the president was...
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congressman paul ryan, the head of the budget committee, is back home this morning in wisconsin. you were one of the engineers of these cuts, congressman. but i can't find anyone who believes the senate is going to go along with cuts this deep. so, what happens now? >> well, i think you're right. i don't think the senate will pass this cut. we will have to negotiate. look, we're not looking for a government shutdown. but at the same time, we're also not looking at rubber stamping these really high elevated spending levels that congress blew through the joint two years ago. they increased spending by 24% on domestic and discretionary two years ago. 84% when you add the stimulus. they want to keep that status quo locked in place. we want real spending cuts. we don't want to accept these extremely high levels of spending while we negotiate how to continue funding the government. >> schieffer: how then, senator... i mean, congressman, give me the starting point. where do you think would be a good place to start talking about how to get together with the senate on something more reali
congressman paul ryan, the head of the budget committee, is back home this morning in wisconsin. you were one of the engineers of these cuts, congressman. but i can't find anyone who believes the senate is going to go along with cuts this deep. so, what happens now? >> well, i think you're right. i don't think the senate will pass this cut. we will have to negotiate. look, we're not looking for a government shutdown. but at the same time, we're also not looking at rubber stamping these...
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. >> paul ryan, the chairman of the house budget committee has some thoughts and ideas and has put them out in a road map. they haven't gotten support from republicans, they're very progressive. they have a lot of parts to them that can be politically tricky. gwen: means testing. >> means testing and changing the shape of the benefit for younger workers. remember george bush tried to do that with social security. it was a big failure in part because he didn't have the support of republicans. that's what the house republicans are up to. the white house is happy to let them go along, but the white house which includes a lot of people who were there to negotiate in 1995 when the democratic president was negotiating with house republican the end of o.m.b. and the president's top economic man inside and their view is if this is going to get negotiated, don't start putting a plan out. if you put things out, things have to be on the table and off the table. let's do it behind the screens. the president in his news conference say a lot of this may happen that you may not see it. >> is there any
. >> paul ryan, the chairman of the house budget committee has some thoughts and ideas and has put them out in a road map. they haven't gotten support from republicans, they're very progressive. they have a lot of parts to them that can be politically tricky. gwen: means testing. >> means testing and changing the shape of the benefit for younger workers. remember george bush tried to do that with social security. it was a big failure in part because he didn't have the support of...
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. >> reporter: a frustrated paul ryan says in the coming weeks republicans will put their entitlement cards on the table. >> we are going to lead, where the president has fallen we're going to lead. >> reporter: but by taking the lead on entitlement reform, republicans could be walking into a white house trap. >> the conventional wisdom is that it's-- it's like touching a high voltage electric wire. not a survivable event. >> but galston who served in bill clinton's white house says the conventional wisdom might be wrong. that the president is also taking a big risk. >> the ris something that he will be seen as a follower, not a leader. will be seen as trying to catch up to the debate rather than driving the debate. >> here at the white house they deny that they're trying to set any kind of trap for republican. they a it is simply better to move slowly, work behind the scenes with republicans, try to find common ground and move forward together. russ? >> chip reid at the white house, thank you very much. >> and wisconsin today was the 6th day of protests against the governor's plan to
. >> reporter: a frustrated paul ryan says in the coming weeks republicans will put their entitlement cards on the table. >> we are going to lead, where the president has fallen we're going to lead. >> reporter: but by taking the lead on entitlement reform, republicans could be walking into a white house trap. >> the conventional wisdom is that it's-- it's like touching a high voltage electric wire. not a survivable event. >> but galston who served in bill...
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one of them is paul ryan. saying when he was tapped to deliver the official party response, ryan was awarded a roll. governor last year and in 2000. presidential challengers in 1996. been almost a decade since either party got the call. the gop was sending an unmistakable message by putting him on host: on the democrat line. this is a consumer based ee condition my. consumers are not consuming adequately. you'll be talking about massive layoffs and various expenditures that get distributed to the general public amounting to about 32 billion and $100 billion over the entire 12 months of >> this week, c-span is showing hearings and what was really remarkable doctors seem to u man newsly agree of the income tax structure. that would bring in increased revenues i was wandering what your thoughts were. thank you. >> dave has this from our twitter page. >> going back generations. whether it is a vat tax, a flat tax, how deep should the spending cuts go? walt is joining us up early in nevada. caller: good morning the
one of them is paul ryan. saying when he was tapped to deliver the official party response, ryan was awarded a roll. governor last year and in 2000. presidential challengers in 1996. been almost a decade since either party got the call. the gop was sending an unmistakable message by putting him on host: on the democrat line. this is a consumer based ee condition my. consumers are not consuming adequately. you'll be talking about massive layoffs and various expenditures that get distributed to...
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Feb 24, 2011
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in the house paul ryan is as smart and as quick and as facile with the numbers as anybody i have ever worked with in the public or private sector. he has told that we can expect to see 85% of the recommendations on the spending side that we've made end up in his budget. so i'm encouraged there. dave camp again another terrific guy. head of ways and means. really fell in love if you looked at our plan what we call the zero option which was again broadening the base of a tax code, you know, sim flying the code, eliminating this $1.1 trillion worth of tax expenditures, many of which you in this room like but by doing so, we took 92% of the proceeds down to reduce tax rates and we got to the tax rates down to 8% up to $70,000, 14% up to $210,000 and 22% -- 23% was the maximum tax rate anybody would pay and we got the corporate rate to 26%. and, you know, he really likes that. what he -- what we did is we used a trillion of the trillion one to reduce rates. and we used the other $100 billion a year to reduce the deficit. they would rather have seen it all go to reduced rates. we wanted to
in the house paul ryan is as smart and as quick and as facile with the numbers as anybody i have ever worked with in the public or private sector. he has told that we can expect to see 85% of the recommendations on the spending side that we've made end up in his budget. so i'm encouraged there. dave camp again another terrific guy. head of ways and means. really fell in love if you looked at our plan what we call the zero option which was again broadening the base of a tax code, you know, sim...
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year but in terms of actually of the and a few really vocal budget hawks on their side you know what paul ryan and what not for the most part of the mainstream wing of the party doesn't want to touch them either so they'll complain and people are going to say obama didn't express leadership on this issue but ultimately the g.o.p. is going to have just as hard of a time going out to be sacred cows well we've already heard a lot of complaints from republicans from tea partiers that obama didn't go far enough here of course there are going to be a lot of unhappy democrats that don't want to see some of these community service programs have cuts in them so where do we actually expect it to go politically. i don't know i think it's a pretty big wildcard to be honest i'm not sure how this is going to end up politically i mean i suspect that bill probably will be able to get some kind of compromise the cuts this year are going to have to be deeper than what's proposed right now simply because this budget cannot pass the republican controlled house. so it'll be a bit deeper and they'll probably b
year but in terms of actually of the and a few really vocal budget hawks on their side you know what paul ryan and what not for the most part of the mainstream wing of the party doesn't want to touch them either so they'll complain and people are going to say obama didn't express leadership on this issue but ultimately the g.o.p. is going to have just as hard of a time going out to be sacred cows well we've already heard a lot of complaints from republicans from tea partiers that obama didn't...
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Feb 15, 2011
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it is chaired by paul ryan of wisconsin. also live at c-span3, the senate finance committee will hear from health and human services secretary kathleen sebelius about her performance proposed budget. democratic senator max baucus is the chairman. this year's deficit would be a record $1.6 trillion under the budget proposed monday by prison obama. in the long term, mr. obama is planned to cut the deficit by $1 trillion over the next two years. in a few moments coming to hear more about their department's budget from defense secretary robert gates and then help and housing service secretary civilians. after that, president obama and the head of the white house budget office, jacob lew. on "washington journal," we will take your questions and comments about the president's proposed budget for the next fiscal year. congressional debate about what to do for the rest of this spending it. our guest will be john cranford , republican representative jack kingston, a member of the appropriations committee, and allyson schwartz, and it
it is chaired by paul ryan of wisconsin. also live at c-span3, the senate finance committee will hear from health and human services secretary kathleen sebelius about her performance proposed budget. democratic senator max baucus is the chairman. this year's deficit would be a record $1.6 trillion under the budget proposed monday by prison obama. in the long term, mr. obama is planned to cut the deficit by $1 trillion over the next two years. in a few moments coming to hear more about their...
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Feb 20, 2011
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we'll ask the chairman of the house budget committee paul ryan, and the ranking democrat, chris van hollen. overseas, the turmoil continues across the arab world. what does all this mean for american interests abroad? we'll go to the scene to hear from correspondent allen pizzey, and get analysis from david sanger of the "new york times". then, i'll have some final thoughts on congressional vacations. it's all ahead on "face the nation." captioning sponsored by cbs "face the nation" with cbs news chief washington correspondent bob schieffer. and now from washington, bob schieffer. >> schieffer: and good morning again. for the fourth day in a row and in the largest turnout yet, thousands of demonstrators took to the streets again in madison, wisconsin, as they marched to protest major cuts in state spending. the question is, will the protests spread to other states where similar proposals to cut
we'll ask the chairman of the house budget committee paul ryan, and the ranking democrat, chris van hollen. overseas, the turmoil continues across the arab world. what does all this mean for american interests abroad? we'll go to the scene to hear from correspondent allen pizzey, and get analysis from david sanger of the "new york times". then, i'll have some final thoughts on congressional vacations. it's all ahead on "face the nation." captioning sponsored by cbs...
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Feb 18, 2011
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the republicans have become a wrecking crew led by paul ryan and wrecking medicare. this amendment is a deeply dangerous prescription for americans' health. this prescription needs to be rejected. i yield back. the chair: the gentleman yields back the balance of his time. the gentleman from montana. mr. rehberg: thank you, mr. chairman. i yield myself one minute. does anybody honestly believe in america that by repealing obamacare it's actually going to cost the government money? it just doesn't pass the smell test. yes, the way the c.b.o. is scoring it based upon the questions that they are asked show it is. but nobody hon, honestly nobody in this country believes that when you repeal a piece of legislation it's going to end up costing you money. at this time i'd like to yield five minutes to one of the few people that clearly gets the entire picture, a doctor, one of our members from the state of georgia, mr. price who, who understands that defensive medicine was entirely left out of this but of course we know why, it's one of the issues that is driving the cost of
the republicans have become a wrecking crew led by paul ryan and wrecking medicare. this amendment is a deeply dangerous prescription for americans' health. this prescription needs to be rejected. i yield back. the chair: the gentleman yields back the balance of his time. the gentleman from montana. mr. rehberg: thank you, mr. chairman. i yield myself one minute. does anybody honestly believe in america that by repealing obamacare it's actually going to cost the government money? it just...
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Feb 19, 2011
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let us listen to paul ryan, budget committee chairman. >> not a fan of high-speed rail. we are rescinding a high-speed rail stimulus in the current cr. i think there is a $53 billion high-speed rail initiative. that is something we just disagree with that -- we disagree with the high-speed rail. i can tell you about the wisconsin plan. calling it a boondoggle would be generous. we are rescinding the funding for this year and we do not think it is a good investment. >> i believe it totals $120 billion over a period of time and the president's proposal to have it within walking distance of 80% of americans is a bit ambitious. and and and time when we have no money, you know -- and i raised the question about the train that comes through my home town of mobile. it goes through three days a week at 1:00 a.m. going east and 2:00 a.m. three days a week going west. not a lot of people use it. their areas of the country that can use better rail -- no doubt about it, and we should use forward with that but this plan is way too ambitious. and our governor in wisconsin and john kas
let us listen to paul ryan, budget committee chairman. >> not a fan of high-speed rail. we are rescinding a high-speed rail stimulus in the current cr. i think there is a $53 billion high-speed rail initiative. that is something we just disagree with that -- we disagree with the high-speed rail. i can tell you about the wisconsin plan. calling it a boondoggle would be generous. we are rescinding the funding for this year and we do not think it is a good investment. >> i believe it...
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last night, wisconsin congressman paul ryan gave the official republican rebuttal. while he was doing that, michele bachmann delivered her own rebuttal on behalf of the tea party. and say what you want about michele bachmann, she is a natural on camera. >> i want to thank the tea party express and tea party hd for inviting me to speak this evening. i'm here at their request and not to compete with the official republican remarks. the tea party is a dynamic force for good in our national conversation. >> jimmy: oh, really? then why won't you look directly at us? [ laughter ] either her cue cards are in the wrong place or she's keeping an eye out for immigrants, i'm not sure. why does everyone in the tea party talk like a kindergarten teacher? it's crazy, right. by the way, whoever does her e eyebrows, give me a call. the president is an excellent speaker but it's a tough crowd to impress. even though they're on camera, you know, every news channel in the world is covering this, many people in the audience had trouble staying awake. it's like we tuned in for the state
last night, wisconsin congressman paul ryan gave the official republican rebuttal. while he was doing that, michele bachmann delivered her own rebuttal on behalf of the tea party. and say what you want about michele bachmann, she is a natural on camera. >> i want to thank the tea party express and tea party hd for inviting me to speak this evening. i'm here at their request and not to compete with the official republican remarks. the tea party is a dynamic force for good in our national...
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Feb 15, 2011
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house budget committee chair paul ryan called it a disappointment. >> we've looked at these numbers. these numbers are very, very clear. you really cannot borrow and spend and tax your way to prosperity, but unfortunately that is exactly what this budget does. >> suarez: while senate minority leader mitch mcconnell called the president's budget irresponsible. >> the president's budget is the clearest sign yet that he simply does not take our fiscal problems seriously. it's a patronizing plan that says to the american people that their concerns are not his concerns. it's a plan that says fulfilling the president's vision of a future of trains and windmills is more important than a balanced checkbook. >> suarez: the president and congressional republicans are sparring over a narrow slice of federal spending. the 15% devoted to so-called discretionary programs, not related to security or defense. the president's budget does call for $78 billion in reductions to growth in pentagon spending over five years, savings recommended by defense secretary robert gates. but neither party is yet ta
house budget committee chair paul ryan called it a disappointment. >> we've looked at these numbers. these numbers are very, very clear. you really cannot borrow and spend and tax your way to prosperity, but unfortunately that is exactly what this budget does. >> suarez: while senate minority leader mitch mcconnell called the president's budget irresponsible. >> the president's budget is the clearest sign yet that he simply does not take our fiscal problems seriously. it's a...
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Feb 9, 2011
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budget committee chairman paul ryan said he's worried the fed will be slow to react. >> you're going to see inflation after it's already been launched. and given that you have a huge balance sheet, given that we are basically in uncharted territory, with respect to the great recession and the responses that you put out there, that we're going to catch it after it's too late. >> it is always an issue, as you know, mr. chairman, that in a recovery period you have to pick the right moment to begin removing accommodation, taking away punch bowl. and we, of course, face that problem as the central bank always does. and we are committed to making sure that we do it at the right time. >> holman: bernanke also said again that unemployment may stay high for several years. that news did little to boost wall street. the dow jones industrial average managed a gain of six points to close near 12,240. the nasdaq fell nearly eight points to close at 2,789. a greek supertanker loaded with up to $200 million in oil was seized by pirates today, after leaving the persian gulf. the attackers were believ
budget committee chairman paul ryan said he's worried the fed will be slow to react. >> you're going to see inflation after it's already been launched. and given that you have a huge balance sheet, given that we are basically in uncharted territory, with respect to the great recession and the responses that you put out there, that we're going to catch it after it's too late. >> it is always an issue, as you know, mr. chairman, that in a recovery period you have to pick the right...
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Feb 9, 2011
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the chairman is representative paul ryan of wisconsin. that is on c-span2 at 10:00. also at 10:00 a.m. eastern on c- span 3, homeland security secretary janet napolitano will review the state of the homeland security threats. she is before the house homeland security committee chaired by representative peter king of new york. coming up, "washington journal" is next with the day's news and phone calls. and the house is at session -- in session at 10:00 a.m. eastern, and then back at noon for legislative business. in about 45 minutes, we will talk with democratic talk with democratic representative jay
the chairman is representative paul ryan of wisconsin. that is on c-span2 at 10:00. also at 10:00 a.m. eastern on c- span 3, homeland security secretary janet napolitano will review the state of the homeland security threats. she is before the house homeland security committee chaired by representative peter king of new york. coming up, "washington journal" is next with the day's news and phone calls. and the house is at session -- in session at 10:00 a.m. eastern, and then back at...
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Feb 23, 2011
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. >> the key to this is paul ryan, the chairman of the budget committee. as ryan goes, so will go the committee and republicans in the house. ryan is talking perhaps about a two-week extension. we're talking about the national debt ceiling which ties into all this. if in fact he sees the democrats willing to play ball on some level. >> let's turn your attention now to the situation that we've seen unfolding in wisconsin and now we're seeing that spread to other states like ohio where we basically have seen the statehouse there just converged on by unions. the republican governor there will not back down. the democrats in that state have fled because they don't want to deal with this. and this has to do with employee pensions and contributions and health benefits. we've seen a lot of solidarity. are we going to see something like that bleed over to california, given our budget deficit and all this contrition that there's been, back and forth over our own benefits here for state workers? >> yes and no. here's the yes part. we're going to see the unions have
. >> the key to this is paul ryan, the chairman of the budget committee. as ryan goes, so will go the committee and republicans in the house. ryan is talking perhaps about a two-week extension. we're talking about the national debt ceiling which ties into all this. if in fact he sees the democrats willing to play ball on some level. >> let's turn your attention now to the situation that we've seen unfolding in wisconsin and now we're seeing that spread to other states like ohio...