First Look at the 2014 Ryan Budget

At first look, the budget unveiled today by House Budget Committee Chairman Paul D. Ryan (R-WI) advances much-needed reforms and importantly accomplishes the crucial goal of balancing the budget within the decade, though this is partially on the coattails of Obama’s tax increases. Not a silver bullet, it is more of a stasis budget, rather than a bolder plan that builds on the reforms of previous years.

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There are six things that each budget from the House, Senate, and President should accomplish. These are laid out in the Heritage plan, Saving the American Dream, which:

• Balances the budget in less than 10 years, without raising taxes, and keeps the budget in balance thereafter;

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