House Proceeding 04-02-09 on Apr 2nd, 2009 :: 0:21:20 to 0:24:25
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0:21:00 to 0:27:00( Edit History Discussion )
Speech By: Paul Ryan

0:21:18 to 0:21:39( Edit History Discussion )

Paul Ryan: spratt, i want to thank him for the great work he's ne and to the ranking member on the republican side, mr. ryan, he's a wonderful, wonder flee smart man and we reach out -- wonderfully smart man and we reach out to him to get us out of these economic difficult

0:21:40 to 0:22:00( Edit History Discussion )

Paul Ryan: times. the chair: the gentleman from wisconsin is recognized. mr. ryan: i'd like to claim time in opposition. the chair: the gentleman is recognized for 30 minutes. mr. ryan: i want to yield myself such time as i may consume. the chair: the gentleman is recognized. mr. ryan: the cap and trade is not inhis budget. let me show you the stalking horse that's in this budget.

0:22:01 to 0:22:22( Edit History Discussion )

Paul Ryan: page 30 on the chairman's mark, it says in their reserve fund on increasing energy independence we can have legislation that provides for and limits reductions in greenhouse gas emissions. now, we just heard mr blumenauer on the floor a little while saying cap and trade, that's what cap and trade is. our proposal to reduce greenhouse gas emissions is cap and trade. now, you might not say cap and trade here but you're saying

0:22:23 to 0:22:45( Edit History Discussion )

Paul Ryan: we're going to achieve what cap and trade is. one more point, you reconcile the energy and commerce committee. what does that mean to people who doesn't know what reconciliation means? you can do whatever you want within your jurisdiction. $1 billion in savings. so you can have a $1.3 trillion cap and trade tax increase and

0:22:46 to 0:23:07( Edit History Discussion )

Paul Ryan: then have a $1.299 trillion spending program out of it and you satisfy your reconciliation instructions. i heard somebody say, you know, the debt goes up under all the budgets. that's true. i've got news for everybody, the national debt is going to increase, it's going to go up under anybody's budget, under any conceivable scenario.

0:23:08 to 0:23:29( Edit History Discussion )

Paul Ryan: you know why? the baby bombers -- boomers are retiring. we've got 40 million people who are going from paying into the program to retiring and getting benefits. e debt is going up. no two ways about that question is what are we doing about it? do we have a really bad fiscal situation right now?

0:23:30 to 0:23:50( Edit History Discussion )

Paul Ryan: have we inherited a mess? yes. the question is, what are we doing to clean up this mess? are we making it better or are we making it worse? i would suggest that the budget that's here before the floor makes it so much worse. we have a plan that we'll talk about later that get ours debt

0:23:51 to 0:24:12( Edit History Discussion )

Paul Ryan: and borrowing under control. this is a budget that sends our budget deficit and debt out of control. doubling it in 5 1/2 years, tripling it in a little over 10. more money going out the door, borrowing, raising the national debt thunder presidency than under all prior presidenci combined.

0:24:13 to 0:24:34( Edit History Discussion )

Paul Ryan: let's see if we're being fiscally conservative here. the annual average increases in government agencies over the last eight years, under a republican president, democrat and republican congress. legislative branch got an an cruel -- annual increase of 10.8%.