Ryan Pressed for Specifics on Debt Limit Concessions
1:42 PM, Apr 26, 2011 • By JOHN MCCORMACK
Twin Lakes, Wisc.
Rep. Paul Ryan addresses Wisconsin Army National Guard soldiers.
“I think the right position to take is we will not vote a debt limit [increase] without real concessions on spending and controls on spending,” said Ryan. "Last year, Senate Democrats said we won’t vote for a debt limit increase unless we have a fiscal commission. Well, we got this fiscal commission,” Ryan said, referring to the the Simpson-Bowles commission, but its recommendations were not supported by the president and never voted on.
“What we’re saying is as we deal with the nation’s credit limit, let’s get real spending cuts and controls,” Ryan said. What specifically does he mean by "real spending cuts and controls?"
“I don’t want to negotiate through the media,” Ryan replied. “We want to do things that make a material difference in the future borrowing of America.”
Pressed again for specifics, Ryan said: “This budget offers lots of ideas: We have discretionary spending caps, we have a global cap as a percentage of GDP on spending, we have debt triggers—debt caps—in our budget. We have offered a menu of options in our budget resolution to accompany a debt ceiling increase.”