Rep. Paul Ryan on GOP's brand new budget
Republicans reveal new plan to cut taxes
- Duration 4:11
- Date Mar 21, 2012
Republicans reveal new plan to cut taxes
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-- we just heard it democratic congressman Steve Israel say Paul Ryan's budget proposal will kill Medicare you respond is the budgets often Wisconsin congressman and house budget chairman.
Paul Ryan congressman Ryan I guess the first thing that comes to mind as you listen to all that.
Was Medicare tell us that you -- that Medicare and Medicaid in this plan.
Well good morning guys first of all.
Medicare I've heard the same old thing again.
We opposes same growth rate from -- the president put in his law that he proposes but here's the difference.
The president says fifteen of its political appointees unelected unaccountable bureaucrats.
They will make tight control decisions that lead -- denied care for seniors.
Our point is don't change the benefit for current seniors don't have this board.
But ends of rationing their care and for future seniors.
Empower fifty million seniors to pick the planes that are best for them just like we in congress do for our own health insurance benefits -- so we want to say.
Members of congress federal employees we have a system that works well -- support it should work it works just as well for.
Future seniors it's a bipartisan idea that difference is the president wants his fifteen political appointees to make all the decisions.
Which lead to rationing care for seniors we say.
Leave current seniors alone they already retired don't ration their health care and in order to -- that benefit to prevent the program from going bankrupt prevent a debt crisis.
-- -- future program work like the one we -- in congress it's a bipartisan idea -- -- proven to work and we think it will save Medicare sure and so when you hear Steve Israel as he was with this filibuster a little bit a moment ago where you talk about that seniors would be.
You know they'd lose Medicare as they know what.
That's simply not true -- -- -- the Democrats are just trying to scare the living daylights out of people.
Not only is simply not true the president's health care law changes Medicare as we know -- it rates a half a trillion dollars from Medicare has been an Obama care.
And then it puts his new board appear creche in charge of Medicare.
To price control and -- care for current seniors.
We get rid of that -- to prevent that from happening.
And by the way as you know Gene Sperling said yesterday that your budget reform to Medicare is a death spiral.
Site I think it's easy to kill kill people well I I I think he's using that term because that's an actuarial term that is used when you -- -- the Supreme Court.
Strikes down that mandates in June.
Then the -- both say that obamacare -- death spiral and that's the word that the public can become familiar with this summer -- does -- take away that mandate obamacare collapses and the word that the actually he's espoused I think they're trying to use that word now to blame put it on us.
Because they know.
Health care actually gonna put it on them this summer at the Supreme Court -- -- the individual mandate absolutely and the Democrats are gonna throw everything but the kitchen sink at you right mr.
Israel also was talking a little bit about taxes.
Talked about that you know -- and we've heard of before the poll -- thing.
Millionaires and billionaires need to be paying more.
He did say however he was four.
-- win the -- some of the bush era tax cuts are set to sunset some of them should be left in place.
We're saying change the tax code make it permanent and clean out all the special -- in the tax shelters to brackets so here's the deal.
You take away the tax shelter for the higher income individual so they can't shelter -- income from taxation you get more of their income subject to taxation.
And -- lower everybody's tax rates it's clean it's simple it's competitive and let's not forget that 80% of American businesses file their taxes.
As individuals small businesses the job traders of America.
And the president wants their top tactic to go about a 45%.
Our competitors are taxing themselves their businesses at fifteen to 25%.
It's gonna kill job creation we want economic growth we want job creation.
To clean out all the tax shelters lowered the tax bracket he -- you get at least as much revenue coming to the governments -- not cutting revenue.
We're simply saying stop picking winners and losers and -- tax code all right stop favoring special interest in clean up the tax system.
All right and reading details see them get involved in the rhetoric congressman Paul Ryan would you like it or not with the -- not everyone respects the work you're doing.
And -- attack in the debt and deficit thanks so much.
Thanks -- appreciate it straight ahead.