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How does Paul Ryan affect GOP presidential ticket?

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    Ryan places spotlight on entitlement reform

  • Duration 6:24
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Back to special coverage up from Florida today of the pick -- Mitt Romney of Paul Ryan the seven term Wisconsin congressman.

To be his VP selection.

Now the two of the new GOP tickets start out on a four day bus tour.

In Virginia for the announcement today -- continued -- round of Virginia today and then it's on.

To North Carolina on Sunday they'll come here to Florida on Monday.

Senator Marco Rubio just put out a release.

Saying how happy he is about the Paul Ryan choice he'll be.

With the team the GOP ticket now a down here in Florida campaigning and then as you see it's Ohio.

On Tuesday the biggest of big swing states Republicans have to win.

Ohio if they're going to win.

The White House now what about Ryan's budget I asked in a preview piece about the possibility of Paul Ryan becoming the VP nominee.

I asked Ryan about Romney's embrace.

He is budget proposed.

You've heard people say I know that -- Mitt Romney fully embraces your budget and schools goes whole hog and holds up.

Paul Ryan is an example this is what we're going to do.

That there is a vulnerability and some analysts' minds that.

He welcomes attacks.

What do you think of.

I hear this all the time look.

I heard is when I put my -- out in the first place.

It do we want to fix these countries problems -- not I mean that's the choice are we just cannot.

Put our finger in the wind and go the polls or we need to be leaders in trying change the polls we see a gatherings threat on the horizon.

It's a debt crisis it's what's going on in Europe right now.

We want to prevent that from happening because if you have a debt crisis the people get hurt the first in the -- -- the people who -- government the most for the first time in history this country.

We know without a shred of doubt all the economic forecasters are telling us we're gonna get her kids and inferior standard of living -- diminished future.

We have an obligation to prevent that from happening and give the country choice and we're going to do that -- you're ready for Mitt Romney.

Or you pushing the grandmother over the -- I've been having these ads running it's been for years so we're all used to this.

I think people are hungry for facts hundredth to be talked to like adults and not pandered to like children all those ads that show is pushing.

It's elderly women off cliffs and -- was is that doesn't really work anymore.

We're back with our panel now Charles Krauthammer Joseph Trippi Steve Hayes and Bill Kristol.

Bill you listen to that response.

I pressed him during that interview saying you know did Mitt Romney embraced fully and he said -- not every decimal point.

But he embraced that the themes the overall tackling the big choices what about that question.

About this budget and Mitt Romney.

They'll look at -- and -- special for you earlier this week -- You show clips of Democrats attacking the Romney Ryan plan that was before Paul Ryan was on the ticket when most.

People thought he wouldn't be on the ticket they were going to attack.

The Ryan budget -- go to attack Medicare reform.

Anyway it's not like the Democrats and we're gonna say Mitt Romney's didn't pick all right and -- is -- safer pick -- okay.

Okay well if you made a safer -- I guess where -- entitled to.

Criticize what you said about entitlement reform.

And what the Republican Party congress has voted for.

With respect to entitlement reform votes that Mitt Romney supported so I think in for a -- in for dollar the Republican position the conservative position the true position of Republicans who serves -- a lot of independents incidentally.

The Bowles Simpson commission and others.

Is you've got to reform these entitlement programs we're going over a cliff of debt and deficit they were also hampering our future growth and opportunities.

So that's that's going to be the debate you might as well of race and I think that how do you decide you know what.

I want Paul Ryan standing on my side making that case with me.

Steve I'll have a short time before the break down the -- here Steve -- from.

Wisconsin got.

Yeah I like I think those right I mean it would be a fool's errands to try to separate.

Governor runner's campaign from the Ryan budget expect them to embrace and expect them to run on it.

And if you go back to the time when I think that.

There was the first inkling of a Romney Ryan -- it it was in late march in Wisconsin when Paul Ryan was stopping along with Mitt Romney.

Before the Wisconsin primary Mitt Romney said some things in a radio interview on March 22 to Charlie Sykes.

It sounded almost identical to the words that you just played Paul Ryan saying in his interview with you.

Okay -- thoughts.

Look I think one basis that the problem with this is that is the tax stuff because when you two.

Them the budget of the Ryan budget has all the cuts that we're gonna get tough we're gonna be sacrificed -- -- got to take the Mets and retreat is -- really tell you the truth.

But then we want tax cuts for the rich and that's where the Obama side comes in and and I think we can have a debate about what we're gonna do about Medicare but it's when the Republican side and in in the Ryan budget.

Everybody lines up on you know whatever the level million dollars or higher 250000.

Dollars and 250000.

We we wanted to extend those tax cuts if it appears in this is where Romney's wealth.

-- not releasing his taxes come -- so we're -- still have that debate we're still gonna have that ugly fight it this isn't gonna remove that.

Charles Paul Ryan's answer to that is that house Ways and Means Committee would hold hearings.

To see what tax loopholes to get rid of -- do tax reform overall lower the overall tax rate for every one.

And make high earners not have.

These deductions.

Rise man who can explain the fundamental.

And they think -- if you cut rates you've cut tax revenue.

And that isn't -- necessarily the case.

John Kennedy cut cut rates and there was an increase in revenue Reagan cut rates in these if you cut the rates and you cut the loopholes.

You can end up with something that we had in 1986.

Which is a fantastic triumph.

-- Democrats and Republicans Reagan and Tip O'Neill.

And -- we would reproduce that is what the Ryan Romney plan would be and that's what they have to our car.

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