Paul Ryan: “The problem in Washington is spending is too high. Under the Democratic budget, the Medicare program today has an…”

“The problem in Washington is spending is too high. Under the Democratic budget, the Medicare program today has an unfunded liability of $34 trillion. What does that mean per household, per family? Three hundred thousand dollars. Right now, every family in America would have to put in $300,000 just to make Medicare secure, just to make Medicare viable and solvent. Under the Democratic budget, they increase that debt by $11 trillion in just 5 years. This 5-year budget says that in 5 years, by the time their budget expires, it will be about a $400,000 burden to every single household in America. You can buy a pretty darn nice house for $400,000.”