The Logical Leftist
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"Fiscal Hawk" Paul Ryan's New Proposal Will Add Nearly $100 Billion To The Deficit
Posted
February 5, 2015
Views
128
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8
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February 5, 2015
128
8
6.25%
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6:02Now PlayingWASHINGTON -- The first bills promoted by Rep. Paul Ryan (R-Wis.) as the new chairman of the tax-writing Ways and Means Committee would add nearly $100 billion to the deficit over 10 years.
Ryan, a deficit hawk during his time as the chairman of the Budget Committee for the previous six years, made his fame proposing budgets that aimed to dramatically cut domestic spending and balance the budget within a decade.
But in his first legislative act as head of the committee that will be central to expected tax reform efforts over the next two years, Ryan pushed through a package of seven tax cut bills that would add $93.5 billion to the deficit in the next decade.
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