Paul Ryan: “Reclaiming my time from the chairman of Financial Services, I'm not sure if he's on the same page as the chairman of the…”

“Reclaiming my time from the chairman of Financial Services, I'm not sure if he's on the same page as the chairman of the Budget Committee. The chairman of the Budget Committee is claiming that their budget balances the budget by 2012. I'll take him at his word, and actually it's correct. The Congressional Budget Office certifies that the Democratic budget does indeed balance in 2012. Here is how they certify it balances in 2012: by raising taxes. They simply cannot say on the one hand they're balancing the budget, and then on the other hand not raising taxes. Because the only way their budget balances is only by raising taxes. So, Mr. Chairman, don't listen to me. Listen to the 99 Senators who just voted this morning to validate everything I just said. Ninety-nine Senators, just a couple hours ago, voted for the Baucus amendment, the Democratic chairman of the Finance Committee's amendment, that said the tax increases in this budget are just a little too big; let's cut them in half. Let's reduce the tax increases by $341 billion. So it's only about a $300 billion tax increase. The Senate budget now has half the tax increase in it that this budget here does. My friends, the Progressives, I want to compliment them because they're bringing a budget to the floor that reflects the principles that respect their values, and they are putting their rhetoric where their mouth is by bringing a budget to the floor, and I want to commend my Progressive friends for doing that.”