Washington, DC – Rep. Cathy McMorris Rodgers (R-WA), Vice Chair of the House Republican Conference, released the following statement today after Rep. Paul Ryan, Chairman of the House Budget Committee, unveiled the House Republican budget for Fiscal Year 2013.
“I applaud Chairman Ryan for his bold, fiscally-responsible budget that will create jobs, protect taxpayers, and protect our most vulnerable – especially our seniors – while putting us on track to balance the budget once and for all. I am eager to work with Chairman Ryan and our House Republican colleagues to pass this budget, save Medicare, and keep the American Dream alive for the next generation.”
The Ryan Plan, coined the “Path to Prosperity,” will reduce tax rates, cut projected government spending by $5 trillion, and cut projected deficits by $4 trillion over the next 10 years.
“At a time when our debt is larger than our entire economy, and is projected to nearly double over the next decade, we need to get our debt under control, and we need to do it urgently. Otherwise, we will face a Greek-like debt crisis in the next few years. The best way to do avoid this crisis is to cut government spending. Let’s remember, Washington doesn’t have a revenue problem; it has a spending problem. And the Ryan Plan gets at the heart of our spending addiction, while protecting our most vulnerable. Furthermore, it will bolster our economy by giving small business owners the confidence they need to grow and create jobs again.”
To learn more about the “Path to Prosperity,” read Chairman Ryan’s op-ed in today’s Wall Street Journal, which can be found here.