U.S. Congressman Paul Ryan - Serving Wisconsin's 1st District

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February 5, 2007


Ryan Response to Release of President’s Budget

WASHINGTON – First District Congressman Paul Ryan, the Ranking Member of the House Budget Committee, made the following statement about the President’s fiscal year 2008 budget proposal, which the Administration unveiled today: 

“I hope that lawmakers of both parties will embrace the President’s goal of balancing the budget – without raising taxes – by supporting continued economic growth and job creation, and by further restraining federal spending.”

“Current pro-growth policies have fueled the sustained economic expansion that has created over seven million new jobs, boosted federal revenues, driven down the deficit, and put us on a path to balancing the budget.” 

“To make sure this trend continues, Congress must keep tax burdens low, and further efforts to restrain spending. With meaningful entitlement reforms and reasonable limits on other spending, we can not only balance the budget in the near term, but also position our nation to address the longer-term challenges we face when the baby boomers retire.”

“The President’s proposal gives Congress a solid starting point as we begin deliberation of the fiscal year 2008 budget. I will be taking a close look at its specific suggestions for saving taxpayer dollars, and it is my hope that the Budget Committee will now take the lead and work in a bipartisan way to craft a plan to best meet our nation’s needs over the short and long term.”

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Contact: Kate Matus (202) 226-7326

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