I love Sue Myrick! And Paul Ryan is very passionate about these ideas.
Video:
These are the best ideas out there.
I know some of you will want to see him fight, so here he is fighting:
More from CNSNews: Rep. Paul Ryan: Obama’s New Budget Will ‘Literally Crash the U.S. Economy’
Excerpt:
Ryan pointed out that the Government Accountability Office recently reported that the federal government already faces a “fiscal gap” of $76 trillion, meaning that over the next 75 years the cost of the benefits promised in federal entitlement programs exceeds the tax revenues expected to pay for those benefits by that amount. That works out to almost $250,000 for every single American and about $650,000 for every American household.
The new debt President Obama plans for the federal government to incur over the next decade would come on top of this existing $76 trillion “fiscal gap.”
“All those unfunded liabilities, all that debt I’ve been telling you about, is before you pass this budget,” said Ryan. “That’s if we don’t pass the budget. If we pass the Obama budget, it just gets worse. He doubles the debt in 5 years and triples it in 10.”
The federal government currently divides its total debt into two categories: debt held by the public and debt the government owes to itself because it has borrowed and spent money taken out of the so-called Social Security and Medicare “trust funds.”
“Under the President’s budget, debt held by the public would grow from $7.5 trillion (53 percent of GDP) at the end of 2009 to $20.3 trillion (90 percent of GDP) at the end of 2020,” says the CBO report on Obama’s fiscal 2011 budget. “As a result, net interest would more than quadruple between 2010 and 2020 in nominal dollars (without an adjustment for inflation); it would expand from 1.4 percent of GDP in 2010 to 4.1 percent in 2020.”
Our children are doomed – unless Obama and Democrats are kicked out in the next election. We’re being governed by spoiled little rich kids who have no idea how bills are paid.
WINTERY KNIGHT 