Ryan: 'Excited' for a campaign about budget
August 14th, 2012
09:54 PM ET
2 years ago

Ryan: 'Excited' for a campaign about budget

(CNN) - Rep. Paul Ryan answered questions about his past budget proposals in a Tuesday interview by saying he has "joined the Romney ticket" and is "excited" for a campaign in which the budget proposals of each campaign take a central role.

His proposals have overshadowed Mitt Romney's own less-detailed proposal in the days since Republican presidential candidate Romney introduced Ryan on Saturday as his running mate.

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"Yes I'm excited about that," he said in the interview, which aired Tuesday on Fox News. "I'm eager to join this debate, because we owe the country a clear choice and different solutions."

Ryan, a seven-term congressman from Wisconsin and chair of the House Budget Committee, said he was unsure when Romney's proposals would balance the federal budget. Romney's plans say he would "put the federal government on a course toward a balanced budget," but does not say when.

"Well I don't know exactly when it balances because we haven't - I won't get wonky on you, but we haven't run the numbers on that specific plan," Ryan said. "The plans that we've offered in the House balance the budget."

A March evaluation of Ryan's plan by the non-partisan Congressional Budget Office says Ryan's plan would bring the federal budget "nearly in balance in 2050" under the CBO's primary model. Under a scenario proposed by Ryan's staff, the deficit "would be around 1 percent of gross domestic product in the 2020s and would decline further after 2030" - ultimately showing a surplus by 2040.

Romney's economic plan proposes capping federal spending at 20% of GDP in 2016, while calculations based on the CBO scoring of Ryan's budget show spending on all federal programs - including entitlements, mandatory, and discretionary spending - would comprise approximately 17.25% of GDP in 2030. The report did not include calculations for 2016.

Romney's plan, released in September 2011, does not say when he would bring the federal budget into balance, and in March the candidate said his plans "can't be scored" because key details are omitted, such as how he would change deductions and exemption in the tax code.

Asked in his Tuesday interview what loopholes and deductions the Romney-Ryan administration would eliminate, Ryan deferred.

"That is something we think we should do in the light of day through Congress," he said, charging the process would be "unlike how Obamacare was passed."

And pressed when additional details of Romney's plan would be released, Ryan claimed, "You have seen more details from Mitt Romney on fiscal policy, on saving entitlements, on getting back to work than the president of the United States is offering." The interviewer presented him with the fact that Obama has released detailed federal budgets while in office, to which Ryan replied that the president "didn't even try to balance the budget."

"The Romney-Ryan plan for a stronger middle class is about offering solutions to get us back on track, create jobs, balance the budget, get people back to work," he said.

Ryan's Medicare proposal has been hit hard by Democrats as a plan to gut the program, though Ryan has said it is necessary to keep the program solvent. He said that Medicare is "absolutely" a winning issue for Republicans, "because we're the ones who are offering a plan to save Medicare, to protect Medicare, to strengthen Medicare."

Turning to the formation of the Romney-Ryan ticket, the congressman said the bonding began in earnest when the two campaigned together earlier this cycle.

"We spent about five days in a row, five 14-or-so-hour days," together, he said, "and in between all of those stops, driving from Appleton to Green Bay to Janesville to Milwaukee we got to know each other. We conversed on policy issues, on where to take the country.

"And sooner or later we began sharing the microphones at these town hall meetings, and we just kinda developed a chemistry with one another and a mutual understanding of each other," he said.


Filed under: 2012 • Budget • Paul Ryan
soundoff (18 Responses)
  1. Tom

    Ryan's Budget was highly praised by the Democrat co-chair of Obama's own deficit reduction committee (Bowles).

    If that doesn't work for Democrats, nothing EVER will. Ryan is excited about a debate on the budget because he's a master of the budget. I can't wait to see him in action debating the current inept administration.

    August 14, 2012 10:17 pm at 10:17 pm |
  2. MaryM

    Romney you pick Ryan and now you own it.
    This is what the Center of Budget and Policy has to say about Ryans budget plan
    “The new Ryan budget is a remarkable document — one that, for most of the past half-century, would have been outside the bounds of mainstream discussion due to its extreme nature. In essence, this budget is Robin Hood in reverse — on steroids. It would likely produce the largest redistribution of income from the bottom to the top in modern U.S. history and likely increase poverty and inequality more than any other budget in recent times (and possibly in the nation’s history).”

    August 14, 2012 10:18 pm at 10:18 pm |
  3. Thomas

    Ryan is excited about a budget ?

    What else , watching paint dry ?

    August 14, 2012 10:19 pm at 10:19 pm |
  4. Darryl

    yea, prosperity for the wealthy. Not for the middle class american. This guy and Romney are not going to win this election.

    August 14, 2012 10:24 pm at 10:24 pm |
  5. vic , nashville ,tn

    Romney campaign becoming a joke day by day

    August 14, 2012 10:25 pm at 10:25 pm |
  6. drake mallard

    Romney+Ryan= dancing horses

    dancing horse+Romney=$77,000 Tax Deduction

    August 14, 2012 10:29 pm at 10:29 pm |
  7. They ought to change from the elephant to the hippo...

    A budget plan that benefits the few at the expense of the many. How un-American can you get, Paul? Even the Catholic bishops labeled your plan as immoral. And pretend you're a Catholic?!? You shame us...

    August 14, 2012 10:38 pm at 10:38 pm |
  8. BOZO

    Go Ryan, as a VP candidate you could help Mitt in the budget, debt reduction, ecominic and reduce unemployment... Obama-Biden and the liberal got scared now.... I look forward to watch the debate with the empty-head big mouth Biden....

    August 14, 2012 10:53 pm at 10:53 pm |
  9. bcrunner

    This guy is so weird. I am just listening to Lawrence O'Donnel talk about how Paul Ryan loved Ayn Rand... he loved her philosophy, "the morality of capitalism" and apparently now he is trying to pretend that he didn't know she was an atheist... and trying to distance himself... However, there is video that as of April of this year, he said "he grew up reading about Ryan Rand... how she helpedd shape his philosophy.." Imagine!! Paul Ryan's philosophy is shaped by Ayn Rand and some conservatives scream to this day about the one time President Obama met Bill Ayers... President Obama did not say Bill Ayers shaped his philosophy. This ticket is toast!!

    August 14, 2012 10:56 pm at 10:56 pm |
  10. JimB

    Is Ryan, or Romney the presidential candidate? They don't seem to be on the same page. Ryan's budget would be a disaster for America, more tax cuts for the rich and massive cuts to the social net. Does anyone care about the poor anymore? More people are headed in that direction. Where is Robert Kennedy, Martin Luther King Jr., and other visionary leaders when we need them? It's sad to see leaders like Romney and Ryan that despise those less fortunate get to this level. Sad for America.

    August 14, 2012 11:28 pm at 11:28 pm |
  11. george of the jungle

    tell little eddy campaigns are about womens rights and health care and taxes(show use your mittens) and gay rights and imigration too. This guy is against all of them Forward 2012

    August 14, 2012 11:33 pm at 11:33 pm |
  12. S.B. Stein E.B. NJ

    Ryan's budget makes so many assumptions that it becomes flawed and worthless. It seems to think that the non-deny part of the affordable care act stays in place but cancels all the fund that would make it work. There is no clear tax deduction list that can be judged. Why should the wealthy not help out on this?

    August 14, 2012 11:36 pm at 11:36 pm |
  13. MaryM

    This is what the Center of Budget and Policy has to say about the Ryan Budget Plan.

    The new Ryan budget is a remarkable document — one that, for most of the past half-century, would have been outside the bounds of mainstream discussion due to its extreme nature. In essence, this budget is Robin Hood in reverse — on steroids. It would likely produce the largest redistribution of income from the bottom to the top in modern U.S. history and likely increase poverty and inequality more than any other budget in recent times (and possibly in the nation’s history)

    August 14, 2012 11:53 pm at 11:53 pm |
  14. Michael

    CNN, where is analysis, journalism and reporting on Paul Ryans hypocrisy ON THE STIMULUS, VOTED FOR PROGRAMS AND WARS THAT ADDED 5.1 TRILLION TO THE DEFICIT, AND EARMARKS, fuzzy math and leanings to insure the super wealthy like Mitt Robme get more tax cuts! Even David Stockman, Reagans former budget director says, Paul Ryan's budget is a "fairy tale." He also goes on to say, its devoid of credible math or hard policy choices, will do nothing to reverse economic decline, and that Ryan has a "fetish for cutting taxes on the super wealthy! i am excited also to tell the truth about this repuglican hypocrite!

    August 15, 2012 12:10 am at 12:10 am |
  15. biologixco

    A. Tax Criminal.
    B. Enemy of American Seniors.
    A + B = FAIL Nov 6.
    Pretty simple math, huh?

    August 15, 2012 12:40 am at 12:40 am |
  16. J.V.Hodgson

    I believe Romney shot himself and the Republican party in the foot when appointing Ryan mainly because of his clear and strong tea party ideology leaning.
    That means balanced budgets and reducing debt ( hello, first problem a balanced budget does not reduce debt per se you need a surplus) or his most likely assumption a growing economy that takes debt down in % terms ( of GDP) not real money terms.
    Thier strategy is:-
    Obama failed at everything.
    tax cuts = job creation therfore paid for, Did not work under Bush II in a growing US and global economy= trickle down did not work
    Spending and entitlement cuts are how he reduces big government and its activity down to his target levels. Question who does that hurt most a) government employment cuts education, and state services, b) the working class thru reduced social security, medicare or medicaid or paying more for it on the latter two, again a hurt to middle class.
    However, as ever Military spending and warring must increase and continue. Iran and Afghanistan. They will backtrack on 2014 withdrawal in Afghanistan, mark my words. Where and how is this paid for.
    They want to repeal PPACA and Dodd Frank.
    All that takes us back to the strategy and policy in place under Bush II (that all would agree contributed most to the depression) but with
    a) More unfunded tax cuts
    b) More unfunded defense spending.
    c) Policies that take huge swipe at consumer spending, unless the big, huge basic assumption of tax cuts + more jobs actually happens in a depression when it did not happen last time In a growing global economy.
    The magic bullet they proffer is a myth and may lead to a slower recovery than Obama plans and strategies stalled by the GOP.
    The killer blow is some Republicans are now harping back/ touting Bowles Simpson which Ryan voted against!!.
    Regards,
    Hodgson.

    August 15, 2012 01:44 am at 1:44 am |
  17. Dottie Kolasz

    Excited about raping future seniors....Who says your plans are for 55 and younger, when this is still not written in stone., is going to effect the people who are 55 and yrs. and older. You and your croney Robme, are still not in office.

    August 15, 2012 01:51 am at 1:51 am |
  18. Marry

    -– I am so excited too – but there are a few tiny questions…

    "Well I don't know exactly when it balances because we haven't run the numbers on that specific plan." Ryan's plan would bring the federal budget "nearly in balance in 2050" The report did not include calculations for 2016.

    -– So the “BUDGET” you are presenting is based on “assumptions”?

    Romney’s plans "can't be scored" because key details are omitted, such as how he would change deductions and exemption in the tax code. Asked what loopholes and deductions the Romney-Ryan administration would eliminate, Ryan deferred.

    -– Now, that figures!!

    The interviewer presented Ryan with the fact that Obama has released detailed federal budgets while in office (a fact that the GOP-TP tries to deny), to which Ryan replied that the president "didn't even try to balance the budget." Romney’s plan is about offering solutions to get us back on track, create jobs, balance the budget, get people back to work," he said.

    -– But, we can assume that these solutions have still to be figured out, yes?

    "We spent about five days in a row, five 14-or-so-hour days,"

    -– O.k., I see, and five days of work yielded these results???????? Wow, and that is what the GOP-TP goes "on the road" with?????? No wonder the party of “NO” Congress is at 12%. It is amazing what the President has to put up with trying to get some work done!

    August 15, 2012 03:13 am at 3:13 am |