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Tuesday, March 20, 2012

Paul Ryan: The Path to Prosperity

The Chart above shows the two paths that America has before it. One of ever increasing debt, and another where we pay it down...

Congressman Paul Ryan spoke about his new budget plan this morning [link to video] and the full plan is now available to the public to look at. I've embedded it below for your convenience.

Republicans and Democrats have a chance to work together and reverse the economic death spiral our economy is in, but they have to act quick, and this plan can get rid of our debt in about 40 years.

Form the House Budget Website:

For years, both political parties have made empty promises to the American people. Unfortunately, the President refuses to take responsibility for avoiding the debt-fueled crisis before us. Instead, his policies have put us on the path to debt and decline.
We reject the broken politics of the past. The American people deserve real solutions and honest leadership. That’s what we’re delivering with our budget, The Path to Prosperity.  House Republicans are advancing a plan of action for American renewal.
Our budget:
  • Cuts government spending to protect hardworking taxpayers;
  • Tackles the drivers of our debt, so our troops don’t pay the price for Washington’s failure to take action;
  • Restores economic freedom and ensures a level playing field for all by putting an end to special-interest favoritism and corporate welfare;
  • Reverses the President’s policies that drive up gas prices, and instead promotes an all-of the-above strategy for unlocking American energy production to help lower costs, create jobs, and reduce dependence on foreign oil.
  • Strengthens health and retirement security by taking power away from government bureaucrats and empowering patients instead with control over their own care;
  • Reforms our broken tax code to spur job creation and economic opportunity by lowering rates, closing loopholes, and putting hardworking taxpayers ahead of special interests.
At its core, this plan of action is about putting an end to empty promises from a bankrupt government and restoring the fundamental American promise: ensuring our children have more opportunity and inherit a stronger America than our parents gave us.

Here is the plan:

Path to Prosperity 2013

Links for more information about the plan:

House Budget Website

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