Download
HTML Embed
HTML EMBED
Click to Copy
Make Me Smart with Kai and Molly

Episode 118: What's in a face?

Jun 18, 2019

Latest Episodes

Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy

Paul Ryan budget plan dead in the Senate

David Gura Mar 29, 2012
Share Now on:

Kai Ryssdal: There was lots of politickin’ in Washington today. Oil in the Senate, the budget over in the House.

Today Republicans passed the budget plan written by GOP Congressman Paul Ryan. It’s the one he calls the Path to Prosperity Budget. It cuts food stamps and transportation and a lot in between. It revamps Medicare and the tax code. Republicans say it would balance the budget by 2040.

Others say there are things that’d get us there faster. From Washington, Marketplace’s David Gura reports.


David Gura: Paul Ryan kicked things off today, in an auditorium downtown.

Paul Ryan: Happy Budget Day, everybody. Good morning.

And up on Capitol Hill, Speaker of the House John Boehner rallied his troops.

John Boehner: We have a $1.3 trillion budget deficit, and we ought to be looking for ways to reduce spending and solve our deficit spending problem.

Maya MacGuineas heads the Committee for a Responsible Federal Budget. She gives Ryan credit for trying to balance the budget by 2040, but she says his plan has some serious problems.

Maya MacGuineas: The fact that it’s lopsided and all spending cuts just means that it’s not a serious budget.

It would cut $5.3 trillion over the next decade. But there are some glaring omissions.

MacGuineas: This is a budget that doesn’t do anything on taxes and doesn’t do anything on defense.

She says if Congress raised taxes and cut defense spending, we could balance the budget faster. This morning, Ryan answered critics who wonder why his budget gives the Pentagon more money than it’s asked for.

Ryan: We don’t think the generals are giving us their true advice. We don’t think the generals believe that their budget is really the right budget.

Alison Fraser is with the Heritage Foundation, and she says Congress has a duty to keep government small and to protect what she calls its “core constitutional functions.” For conservatives, that includes defense.

Alison Fraser: You know, we need to ensure a sound defense. We don’t want to be raising taxes simply to balance the budget.

And don’t forget, she says, a budget document is also a political blueprint.

In Washington, I’m David Gura for Marketplace.

If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air.  But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.

Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.

When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.

Make a good investment!

Looking for a great deal?
Get ALL THREE of our new thank-you gifts when you donate $120.

This is a limited time offer – so act soon!