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Jane Richey / March 15, 2012

What Will Congress Do With the Next Budget

America’s fiscal condition is dauntingly dismal. The national debt is well on its way to $17 trillion, 13 million Americans are out of work, and the country is stuck in the slowest recovery in the post-war era. Despite Washington bleeding taxpayers dry with reckless overspending, the U.S. Senate has not passed a budget since nearly a year before Apple released the original iPad, leaving the country in a lurch, desperate for leadership in Congress that will bring bold changes and an end to the unconscionable pattern of spending and borrowing.

Last spring, America saw a bright spot emerge from the abyss when Budget Committee Chairman Paul Ryan (R-WI) introduced a budget resolution that confronted the twin crises of spending and debt head on. Ryan’s proposal, which passed the House, was a solid step in the right direction — his budget would have gotten spending under control, repealed Obamacare, transformed Medicare, and offered a solid approach to controlling Medicaid’s spiraling costs. Unfortunately, the Senate said “no,” and America watched Washington get stuck in gridlock last summer, only to emerge with a half-baked deal that postponed real reform and put our national security in jeopardy.

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Filed Under: Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets Tagged With: Budget Committee Chairman Paul Ryan, deficit, Medicaid, Medicare, national debt, Obamacare

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