Paul Ryan: “We believe you balance the budget by controlling spending, not raising taxes. And at the end of the day, this is what…”

“We believe you balance the budget by controlling spending, not raising taxes. And at the end of the day, this is what the differences are. The majority brought to the floor a bill and passed the largest tax increase in American history. They modified it to possibly reduce that to the second largest tax increase in American history. So what can they do? Raise more spending and raise taxes to balance the budget. We want to balance the budget at a much lower level of taxing and spending. We want more transparency in the process. We want to control Federal spending, and we want the American people to see exactly how their money is being spent so that their Representative can call these issues into question, not put the power in one man's hands here in Congress, which is the current proposal before us.”