1 / 13

The Choice of Two Futures House Budget Committee Chairman Paul Ryan March 2011

The Choice of Two Futures House Budget Committee Chairman Paul Ryan March 2011. The Challenge. JOBS DEFICIT BUDGET DEFICIT LEADERSHIP DEFICIT. Total Spending in FY 2010 = $3.5 trillion (outlays in billions of dollars). Reckless Spending Spree

haviva-craft
Download Presentation

The Choice of Two Futures House Budget Committee Chairman Paul Ryan March 2011

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Choice of Two Futures House Budget Committee Chairman Paul Ryan March 2011

  2. The Challenge JOBS DEFICIT BUDGET DEFICIT LEADERSHIP DEFICIT

  3. Total Spending in FY 2010 = $3.5 trillion (outlays in billions of dollars)

  4. Reckless Spending Spree Government Spending in Billions of Dollars, Under Obama Budget

  5. Tidal Wave of Debt (Debt Held by Public as Share of Economy) Current Policy World War II 2010 Historic Trend

  6. What Drives Our Debt? (Government Spending as Share of Economy)

  7. What Drives Our Debt?(Government Spending as Share of Economy)

  8. The Cost of Waiting – The Fiscal Gap Unfunded Promises in Trillions of Dollars

  9. Real Security & Real Reform The House Republican FY2012 Budget Guiding Principles • No changes to those in or near retirement • Fulfill the mission of health and retirement security • Lift the crushing burden of debt • Spur economic growth and path to prosperity

  10. A Choice of Two Futures • 2009 House GOP Budget Alternative • Cut $4.8 trillion in spending from Democrats’ budget; Put budget on path to balance • Keep taxes low; spur job creation and growth

  11. Additional Slides

  12. Explosive Growth of Spending Drives Fiscal Imbalance Federal Taxes and Spending as a Percent of GDP

More Related