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Ryan Says a ‘Grand Slam’ Agreement to Curb U.S. Federal Debt Is Unlikely

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steve2470 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-04-11 02:14 PM
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Ryan Says a ‘Grand Slam’ Agreement to Curb U.S. Federal Debt Is Unlikely
http://www.bloomberg.com/news/2011-05-04/ryan-says-congress-unlikely-to-get-grand-slam-debt-agreement.html

House Budget Committee Chairman Paul Ryan said he doesn’t expect Congress to reach a “grand slam” agreement to curb government deficits as part of a vote to increase the nation’s debt ceiling.

“I don’t think you’re going to see everything fixed,” Ryan, a Wisconsin Republican, said at a Bloomberg Breakfast in Washington today. He said any agreement should focus on a series of new mandatory and discretionary spending cuts and some form of budget process overhaul without revenue increases.

“My hope at this moment is to get a single or a double,” he said, using baseball terminology. “I’m hoping the debt limit is an opportunity to get a down payment on some spending cuts, to get a down payment on some spending reform.”

A less ambitious agreement to raise the debt limit is unlikely to include changes to programs like Medicare that are the long-term drivers of the debt, said Ryan, who last month proposed a plan to privatize the federal health program for the elderly as part of his 2012 budget blueprint.
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Johonny Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-04-11 02:19 PM
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1. did he add because he won't raise taxes on the rich?
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Initech Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-04-11 02:42 PM
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4. Or cut our overbloated military budget?
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n2doc Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-04-11 02:21 PM
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2. I know who gets slammed
and It isn't those who can afford it.
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sinkingfeeling Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-04-11 02:38 PM
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3. Can I hope that Ryan either strikes out or gets beaned by a line drive?
Edited on Wed May-04-11 02:38 PM by sinkingfeeling
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Scuba Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-04-11 03:05 PM
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5. The only thing being "slammed" will be cell doors after these criminals are exposed....
Oh, and Ryan will get slammed in the next election.
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