Ryan: Obama needs to 'show us' a budget plan
August 23rd, 2012
05:40 PM ET
10 years ago

Ryan: Obama needs to 'show us' a budget plan

Fayetteville, North Carolina (CNN) - During a visit to the Fort Bragg area Thursday, vice presidential hopeful Rep. Paul Ryan said President Barack Obama needs to come up with a budget agreement or else North Carolina's defense industry and one of the nation's largest military populations will be threatened.

The House Budget Committee chairman – along with other Republicans – voted for the original debt ceiling deal that led to the current stalemate. The policy came about after a congressional "super committee" failed to reach a deficit-reduction plan last year. Months earlier, Congress had voted to implement the cuts if the super committee didn't ultimately find an agreement.

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"And so the House has already passed, as well as the Senate, which has now been finally signed into law, bipartisan legislation saying put up or shut up. The president needs to show us how he plans on putting this in place, if he is not going to help us pass legislation preventing it in the first place, so we're now waiting for that answer," Ryan said.

Mitt Romney's running mate accused Obama of putting politics before the nation's military.

"It's our duty to preserve this legacy to support our voluntary force of men and women who volunteer to serve our nation and not let them be pawns in a political game because this is messing with jobs and lives," he said.

"[W]hatever happens between now and November, will happen between now and November," said Ryan. "But what Mitt Romney is committed to doing is making sure this doesn't take place, and that means if we have to do it in January, we will do it in January."

Ryan said he will try to "fix it retroactively" between November and January. "Now we believe that we have a procedural way in the Senate to advance that legislation very quickly and get it to the next president of the United States who I believe is going to be Mitt Romney, to pass that into law, and retroactively prevent that sequester from taking place in January."

If Republicans and Democrats fail to come to a budget agreement by the end of the year, significant cuts to the Department of Defense could become a reality. Beginning in 2013, the federal government would undergo a series of budget reductions to defense and non-defense programs that would total $1.2 trillion in cuts over the next decade.

It was during a roundtable discussion at a small defense contracting company in Fayetteville where Ryan said the looming defense cuts could cost 55,000 jobs in North Carolina.

"The president's demanding a massive tax increase on small businesses which will cost us jobs in exchange for these defense sequesters. We don't want to trade small business jobs for military jobs. We want more jobs across the board," Ryan said.

Speaking to about 100 people associated with the military or defense industries, the seven-term congressman from Wisconsin held up a card that was in the pocket of his blazer and shared something he hasn't talked about since he became Romney's running mate on August 11.

"I carry this card in my pocket. I've carried it with me for years. I don't really talk about this often," he said. "It's the men and women who have lost their lives, the men who have lost their lives in Wisconsin. I've talked to these families, been at the funerals. It's the ultimate sacrifice."

Filed under: 2012 • Budget • Debt • Deficit • North Carolina • Paul Ryan
soundoff (169 Responses)
  1. Patrick

    Am I the only one who is reminded of Jaba the Hutt and his pet Salacious B. Crumb when I see Mitt Romney and Paul Ryan together.

    August 24, 2012 12:27 am at 12:27 am |
  2. mig

    Oh,the Nazi is on duty tonight!

    August 24, 2012 12:30 am at 12:30 am |
  3. Deb in MT

    I thought the House was supposed to come up with a budget plan? The Democratically controlled House did submit a budget, which was filibustered by the senate GOP, and died there.

    Since the GOPers took over the House, they've come up with their own budget plans–filled with right wing hare brained schemes about abortion, gay marriage and defunding the ACA–that the President has wisely threatened to veto, and so Sen. Reid has tabled the monstrosities.

    It'd be nice if the GOP wouldn't treat compromise like a 4 letter word, and if McConnell would show a microt of respect for the majorites that voted President Obama into office in 2008, but I guess that's just too much to ask for a party caught in a prolonged state of arrested development.

    August 24, 2012 12:30 am at 12:30 am |
  4. Howard

    After Obama's broken 2008 promises about restoring our economy ... plus spending an additioinal 6 TRILLION dollars ... plus NOT coming up with a budget over the past 3 1/2 years ... of course Obama should submit a budget, before asking the American people to give him another four years.
    Save America ... Replace Obama with Romney & Ryan !!!

    August 24, 2012 12:30 am at 12:30 am |
  5. CryBabies

    @ Kayla..... Very insightful blog. Perhaps you might tell us what you KNOW about Mr. Ryan!

    August 24, 2012 12:51 am at 12:51 am |
  6. Kona

    Awwwwz.....poor defense industry! I'm sure they are planning the next war so they can keep getting more funding! Which ME country is next? Egypt? Iran? Saudi Arabia?? <– it's not imported oil anymore if we take over their country!

    August 24, 2012 12:59 am at 12:59 am |
  7. Ferathka

    Yeah lets go with a plan that strips the people who fought for this country for 50 years of nothing....good idea Ryan.....oh wait now you want Romneys plan....oh wait....what......both are fakes.

    August 24, 2012 01:06 am at 1:06 am |
  8. ValarMorghulis

    Romney needs to show us a budget plan. The RyAYN plan is a blue print, it doesn't contain specifics on how to implement his plan.

    August 24, 2012 01:52 am at 1:52 am |
  9. usagoblue

    Ryan, did you tell those people that you signed that agreement along with the rest of your obstructionest party along with trillions of cuts to pay for your tax cuts to the top 1% from the poor, the elderly, the sick, special ed? Didn't think so.

    August 24, 2012 02:03 am at 2:03 am |
  10. Patrick

    This dude needs to stick to PX90 or whatever it is....I see infommercials in his near future....

    August 24, 2012 02:07 am at 2:07 am |
  11. nolimits3333

    Stocks do 9 times better with a Democrat in the White House....

    While Republicans promote themselves as the friendliest party for Wall Street, stock investors do better when Democrats occupy the White House. From a dollars- and-cents standpoint, it’s not even close.

    The BGOV Barometer shows that, over the five decades since John F. Kennedy was inaugurated, $1,000 invested in a hypothetical fund that tracks the Standard & Poor’s 500 Index (SPX) only when Democrats are in the White House would have been worth $10,920 at the close of trading yesterday.

    That’s more than nine times the dollar return an investor would have realized from following a similar strategy during Republican administrations. A $1,000 stake invested in a fund that followed the S&P 500 under Republican presidents, starting with Richard Nixon, would have grown to $2,087 on the day George W. Bush left office.

    August 24, 2012 02:27 am at 2:27 am |
  12. Andrew

    Here is the thing, the GOP is trying every which way to get the President out of office! They are the 1% class that would hire people but since he's in office no way! They don't want to work with him, help him out, instead they just want to say NO! They can not even pass a budget plan that Obama did! They kept saying NO! When I look at the news and see people who are with the GOP and some of them have some crazy idea's and scary-dangerous idea's. Paul Ryan Budget Plan will not help Americans but bring it back to the day's of Slavery!

    August 24, 2012 02:34 am at 2:34 am |
  13. Zakes N

    What a buffoon Ryan is. Americans r no bunch of idiots,they Obama has done a lot 4 the nation. Forgotten the wrongs done by the Republican Bush club!

    August 24, 2012 02:48 am at 2:48 am |
  14. Nojobama

    Heyyooooh! Budget plan? How bout my sweet sixteen picks! This sound like another "crazy GOP conspiracy!". Just wait til 2016...still bush's fault...

    August 24, 2012 03:15 am at 3:15 am |
  15. Iamnotfooled

    Ryan voted against Simpson- Bowles. Ryan voted against The American Jobs Act which was submitted by President Obama in Sept. of 2011.(1.9 million jobs) He voted against the Small Business Jobs & Tax Relief Act on 7-13-12. (1 million jobs) He voted against the Bring Jobs Home Act (Made in America bill) on 7-19-12. (unknown amount of jobs coming back to America from overseas). And yet he is only worried about N.C. and 55,000 jobs? Granted that's a lot and not good for N.C. but what about the rest of the country? What about all the Programs he will cut? How many will be unemployed there? President Obama's job bills puts people back to work . Ryan's cuts the jobs. He was the GOP Chairman of the Budget Committee , he knew what he was signing off on. All of this could have been avoided if they had just raised the debt ceiling, but they wanted to play hard ball. Now deal with it Ryan. Don't cry crocodile tears. Some budget man!

    August 24, 2012 03:37 am at 3:37 am |
  16. Eddie

    Drake mall due you are a confused human being just like Mitch McConnell. If the president (have some respect dushe) is out the whole country will be in termoil. Remember who start the whoe ball game, the f$&k republicans. The commander in chief is cleaning after their nasty baby turd. Get the picture fool!!!!!!!!!!!!!!!!!!!!!!

    August 24, 2012 03:41 am at 3:41 am |
  17. Halls for Obama

    Show me the money and the tax reture. NOW

    August 24, 2012 04:00 am at 4:00 am |
  18. Halls for Obama

    Just show me the tax Retures.

    August 24, 2012 04:10 am at 4:10 am |
  19. Critical

    Grrace !!
    Super argument, love it !!

    By the way, no one has to show this boy anything before he gets elected. Period.
    Afterwards: o.k, in the Congress or in the Senat

    August 24, 2012 04:52 am at 4:52 am |
  20. Mimi

    Obama's budget plan is available for all Ayn Ryan tell your people to go take a looksy on his web page. And by the way Mr. Ayn Ryan who has only presented 2 bills in 16 years, it is the responsiblity of the congress and the senate to pass a budget.

    August 24, 2012 04:55 am at 4:55 am |
  21. Mimi

    Where is Robme/Ayn Ryan budget??? I guess the way they make a budget is ask the president to give them on then they can run on it cause they got no plan of their own. I can't for the life of me understand why anyone would support either one of these tools. The Mittster is incapable of telling the truth about anything, he tells people just trust me I have all the answers I have been keeping them to myself while the country implodes, but hey I needed to keep it a secrete even from my own party to have leverage to get elected. This guy is nothing but a con. KICK THE CROOK TO THE FREAKING CURB.

    August 24, 2012 04:59 am at 4:59 am |
  22. ultimate

    grrace.........why don't you release your transcripts to show you are even educated enough to analyze Paul Ryan's transcripts...........you sound like a panicky lefty grabbing at straws.

    August 24, 2012 05:32 am at 5:32 am |
  23. BT

    The Republican plan is simple: agree to cuts across the board, then when it comes time for the cuts just say Defense is off the table – the only thing left is Social Security and Medicare to cut to the bone – which is what they have wanted all along. The rest of the budget is chump change. Foreign aid is a great example – it is .0015 of the budget – and the lions share of that goes to Israel (no Republican cuts there). Food stamps, welfare, planned parenthood, etc. don't even cause a blip in the budget and Republicans know it. That is why they never propose cuts that cause any balanced budget. They just say the budget will be balanced by giving tax breaks to billionaires whicih will magically grow the economy exponentially. Since those at the top 1% (like Romney) have recieved MASSIVE tax cuts over the last two decades we should be all employed by now. Of course, those at the top are doing GREAT and they want more of that $$ from the middle class so they can continue to invest in China and hold their wealth in the Cayman Islands and Switzerland. What a joke. Ryan and Romney have no plan at all – at it's core all it is is tax cuts for the wealthy, turn Social Security over to Wall Street, and turn over Medicare to Insurance Companies. That's their plan. That's it. If you believe that's what will work then vote for them and enjoy watching your children live in poverty.

    August 24, 2012 05:38 am at 5:38 am |
  24. Dilip Samuels

    BAIN CAPITAL and Romney scavenged SICK companies, fed on the , fired people, put them on the streets restuctured, loaded the cpmpany with DEBT and sold them

    JOBS YOU SAY....MAYBE Romney LOST MORE jobs than he created them
    Mr. Forcible Rape , Ryan, needs to get a lot of facts straight...BIDEN WAS 100% RIGHT..Romney and the GOP boys will put yoall in CHAINS

    August 24, 2012 05:45 am at 5:45 am |
  25. Peik

    A balanced budget is gonna put y'all back in chains.

    August 24, 2012 05:46 am at 5:46 am |
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