Fiscal Year 2012 Budget from the House Committee

Let's hear it for Representative Paul Ryan who takes us on the Path to Prosperity. ". . . it cuts $6.2 trillion in spending from the president's budget over the next 10 years, reduces the debt as a percentage of the economy, and puts the nation on a path to actually pay off our national debt. Our proposal brings federal spending to below 20% of gross domestic product (GDP), consistent with the postwar average, and reduces deficits by $4.4 trillion." (WSJ, April 5, 2011)

I don't think they'll get these cuts--no guts no glory, it's the same old story. Too bad the Republicans only get fiscally responsible when the other guy's in office.

"The current path – which the President’s irresponsible budget commits us to – will result in a debt-fueled economic crisis, the shredding of the safety net, and a diminished future. Americans deserve better than empty promises from a government going broke. The budget advanced by the House Budget Committee ensures real security through real reform. The House Budget Committee’s FY2012 Budget Resolution helps spur job creation today, stops spending money the government doesn’t have, and lifts the crushing burden of debt. This plan puts the budget on the path to balance and the economy on the path to prosperity."Fiscal Year 2012 Budget | Committee On The Budget