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Ryan: Obama budget raises taxes, doesn't balance

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U.S. Republican vice presidential nominee Paul Ryan listens to U.S. Vice President Joe Biden during the U.S. vice-presidential debate in Dan
U.S. Republican vice presidential nominee Paul Ryan listens to U.S. Vice President Joe Biden during the U.S. vice-presidential debate in Dan

UNDATED (WSAU)   Republican House Budget Chairman Paul Ryan of Janesville says President Obama’s new federal budget plan shows that the two parties are quote, “operating from different planets.”

Ryan said he did like some of the ideas the Democratic White House put forward yesterday – including a means-test for Medicare benefits, and a new formula which would slow the increases in Social Security benefits. Ryan says he’d like to interpret it as an effort to get an agreement on the budget this year. Still, Wisconsin’s highest-ranking House member calls the Obama package a “status quo” budget that spends too much, and does not embrace the entitlement reforms that majority House Republicans voted for.

Many Democrats also criticized the Social Security benefit change. Mark Pocan of Madison said it would result in lower benefits for those just getting by. La Crosse House Democrat Ron Kind praised the Obama budget for making more investments in job training, education, and more high-speed Internet coverage. But Menomonee Falls House Republican Jim Sensenbrenner says the Obama package never balances – and he says it’s quote, “irresponsible and not what the American people are looking for.”

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