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Thursday, March 22, 2012

Ryan releases framework for FY13 budget

House Budget Committee Chairman, Paul Ryan of Wisconsin, released this week a budget resolution for fiscal year 2013, The Path to Prosperity: A Blueprint for American Renewal. As the Heritage Foundation notes, it cuts spending sharply and quickly, begins decisive entitlement reform, avoids any tax hikes, ensures a strong national defense, contains pro-growth tax reforms, and moves swiftly and surely to a balanced budget--all of which guarantees a torpedoing from the left and a plus-one to the streak of years without Harry Reid and the Democrat-led senate passing a budget.