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Rep. Ryan unveils budget blueprint

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    Plan promises to balance books in 10 years

  • Duration 2:47
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Good evening I'm Bret -- the first salvo in this year's ballot budget battle.

Was fired by congressional Republicans today in the form of -- plan that promises to balance the books.

In ten years.

The Democrats are already howling would disapproval we've -- team coverage tonight chief White House correspondent Ed Henry tells us the president's budget.

Is legally overdue but we begin with chief congressional correspondent Mike Emanuel on the Paul Ryan plan believe in my.

-- -- tired of waiting for the president to act congress took the rare step of going first with its budget proposals.

We believe that we owe the American people -- balance budget and for the third straight year we've delivered in fact we balance this budget in just ten years.

This is a document they plan to balance the budget in ten years.

House budget chairman Paul Ryan says his ten year blueprint would cut the growth of government spending by four point six trillion dollars.

It also calls for repealing and replacing the president's health care law which Ryan explained we will never be able to balance the budget if you keep obamacare going because obamacare.

Is a fiscal train wreck while repeal fires up conservatives it is unlikely to happen with mr.

Obama still in office.

The top Democrat on the House Budget Committee says the Ryan budget will drag on the economy and doesn't care for some of the choices made.

It's a question of whether you take a balanced approach which is what we -- we proposed.

Or you take this lopsided uncompromising approach which is what we're seeing in the house Republican budget.

At the White House spokesman Jay Carney -- to Ryan for trying to cut Medicare cost has suggested his plan is unfair to the middle class we look at the Ryan budget as.

The perfect example -- why balance is so necessary because this is what.

This is the alternative to balance.

Senate budget chair Patty Murray and build her blue -- to democratic colleagues today which never balances it would call for one point 85 trillion dollars in deficit reduction.

Half from new tax revenue and half from spending cuts a leading senate Republican says she isn't impressed with the democrats' plan.

So for those seniors that are out there.

-- Medicare going bankrupt in 20/20 four.

-- Social Security going bankrupt in 2033.

To increase taxes a trillion dollars and -- not even save those programs to me seems unconscionable.

Ahead of Murray's budget release the senate majority leader's criticism got personal.

-- know that congressman -- held out to be in this house.

Crew who understands things so well but he understands as gimmickry.

Being the face of the house GOP budget has clearly -- Paul Ryan's profile over the past three years.

But it is also made him a target it might not be long before a liberal group shows Ryan pushing grandma off a cliff.

Again -- since before -- Mike on Capitol Hill thank you.