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Ryan says deep budget cuts likely unavoidable

By The Associated Press

This article was published January 27, 2013 at 2:16 p.m.

— The chairman of the House Budget Committee said Republicans will oppose tax increases and, as a result, deep, unpopular budget cuts will likely take effect.

Republican Rep. Paul Ryan of Wisconsin told NBC’s “Meet the Press” on Sunday that automatic spending cuts are scheduled to take hold because, quote, “Democrats have opposed our efforts to replace those cuts with others.”

Democrats have insisted taxes be part of the equation to dodge across-the-board spending cuts that are set to hit the Pentagon and many domestic programs. The spending cuts were set in motion in the hopes of spurring lawmakers to strike a large-scale deal to reduce the deficit.

Ryan was the 2012 vice presidential nominee. He said the country is heading toward a debt crisis if it doesn’t confront its spending.

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Displaying 1 - 5 of 5 total comments

RonalFos says... January 27, 2013 at 5:50 p.m.

He is a fool if he thinks this problem will be solved without more taxes. People will not tolerate the kind of severe cuts he he is talking about without pain in both directions.

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NONSHEEPLE says... January 28, 2013 at 7:54 a.m.

People are fools if they think speding doesn't need to be cut and think we need to TAX ourselves out of a spending problem.. OUR "current" leaders are spending way more than they should OUTSIDE our borders. CUT there FIRST! If you're gonna cut into SSI you better start with making sure all those on it are supposed to be there.

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NoUserName says... January 28, 2013 at 8:13 a.m.

I tend to think the solution will be a combination of both tax increases and spending cuts. Or does that make me a 2x fool? Oh, and go after the friggin' fraud and waste while you're at it.

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Populist says... January 28, 2013 at 8:17 a.m.

We just raised taxes. Now, we need some cuts. Then we will need another round of taxes and another round of cuts.

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LevyRat says... January 28, 2013 at 9:49 a.m.

We just had a huge tax increase and there were NO SPENDING CUTS!!!!!!!!!!!!

We don't have a revenue problem we have a spending problem!!!!!!!

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