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Ryan: Economy Has 'Structural Problems'

5:31 PM, Nov 15, 2010 • By MICHAEL WARREN
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Wisconsin Republican congressman Paul Ryan, likely the next chair of the House Budget Committee, was on CNBC's Squawk Box this morning. Ryan said the United States needs "low tax rates," "sound and honest money," "regulations that are fair, predictable, transparent, [and] reasonable," and to "cut spending." Watch the video:

Ryan has become the foremost voice in the House Republican caucus, and perhaps in the entire party, on fiscal responsibility. Matt Continetti praises the Wisconsin congressman's plan for the impending federal entitlement crisis, Ryan's "Roadmap", in one of this week's editorials.

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