WASHINGTON (WKOW) -- House Republicans unveiled a budget Tuesday they say will balance the books in 10 years without raising taxes.
"We can't just keep spending money we don't have," Ryan said. "That's the basic acknowledgment when you're budgeting, just like families and businesses do, that you cannot continue to kick the can down the road, that you cannot continue to spend money we just don't have."
Ryan says the plan will cut $4.6 trillion over the next decade.
"This is not only a responsible, reasonable balanced plan, it's also an invitation," Ryan said. "It's an invitation to the President of the United States to the Senate Democrats to come together and fix these problems. We don't think it's fair to let critical programs like medicare go bankrupt. We don't' think that it's fair to take more from hardworking families to spend more in Washington. The most important question isn't how we balance the budget but why. A budget is a means to an end. An end is the well being of the American people."
White House spokesman Jay Carney says the math in Ryan's plan doesn't add up and says it will either raise taxes on the middle class or fail to reduce to the deficit.
Senate Democrats plan to offer a counterproposal on Wednesday. The White House has not said when Obama will release his budget.
Wisconsin Congressman Mark Pocan, a member of the House of Representatives Committee on the Budget, released the following statement on Tuesday:
"I'm a small business owner, and I co-chaired the Joint Finance Committee in the Wisconsin State Assembly. I understand what it means to make tough choices when reviewing a budget. But balancing our budgets on the backs of our seniors and working families is not a tough choice-it's a reckless and irresponsible choice. Our budgets should reflect our values. And the budget the GOP released today does not reflect Wisconsin values or Wisconsin needs.
"Rep. Ryan and I share Rock County between our two districts, and Rock County has one of the highest unemployment rates in our state. Families in Rock County and across Wisconsin are not strengthened by a budget that locks the irresponsible sequester cuts in place, turns Medicare into a voucher program, and preserves tax cuts for oil companies and corporations that outsource jobs . What they deserve are substantive actions from Congress that can lead to economic growth and long-term job creation.
"I want to work with my colleagues on a budget that responsibly reduces our deficits and maintains a focus on growing our economy. We should strengthen investments in infrastructure, education, and research and development, and ensure our tax code incentives companies to create jobs in Wisconsin instead of shipping them overseas. Instead of resorting back to recycled policies that have already been rejected by the public and Congress, we need to focus on ways we can work together to move our economy forward."
All content © Copyright 2000 - 2013 WorldNow and WKOW. All Rights Reserved.
Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Program Manager Jessica Miller at 608-661-2794. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at email@example.com.