Paul Ryan

I can explain it. Basically, it works like this. A Member brings an amendment to the House Floor to cut spending. The 302(a) allocation goes down by that amount. At the end of the day, the conference report for the appropriation bills goes…

All we are proposing is this: if Members can come to the floor with amendments to eliminate or reduce wasteful spending, they ought to be able to save that money. That is all we are proposing. So what we do here is when a cutting amendment…

The current system we have is dysfunctional. It has games built into the system so that the House can do one thing; the other body, the Senate, but I am not supposed to say that word, can do another; and the President can do a third thing…

This way the President could veto breaking the budget caps early in the process and we could keep to these numbers.

What this does is this elevates the budget resolution to a level of a law. Specifically, this would change the current nonbinding concurrent budget resolution into a joint resolution, which would give the force of law when signed by the…

Number one, the President already has the power to sign these bills into law. He signs appropriation bills, he signs tax bills, he signs entitlement bills. So this does not give him new power he does not already have. Number two, the…

this is part of our larger effort, which is in our substitute. But what this will do is allow to have a sequester to kick in if Congress exceeds its spending items. Just like the sequesters we have talked about before in the old Committee…

I just would like to bring some illumination to this with numbers. This brinksmanship that this process brings us to has brought us a lot of extra spending. In fiscal year 2002, the discretionary spending level in the budget resolution was…

I hope that those who are in charge of discretionary spending in Congress also join with us in trying to control mandatory spending, because if we can control mandatory spending, we can get our hands around the big problem in our budget…

I just want to comment on a couple other aspects of this amendment that I think are very important. This amendment really dovetails well with another amendment that is coming, which is breaking it into five simple categories so that we do…

Two-thirds of all those who file their taxes in the top bracket are people who report small business income, subchapter S corporations, limited liability corporations. Seventy-five percent of all those in this new tax bracket covered in…

my friend and I, we get along very well personally when the mikes are not on; but I just have to say, that is not what this proposal says. This proposal says ``reduction in tax cuts for taxpayers with incomes above $1 million,'' period…

If a small business makes $1 million, what does that mean? That means they are making money and hiring people. Two-thirds of our jobs in America come from small businesses. Two-thirds of all those who file in the top bracket are small…

in this very negative bitter political year, we hear a lot of negative stories. I want to talk about something that is good that is happening in America, and that is jobs are coming back in our economy. If you take a look at what is…

let us look at what this bill is all about. What we do when our companies go overseas to compete, to sell goods and services, to create jobs here at home and sell overseas, they pay two taxes. Our foreign competitor countries pay one tax…

This is the same kind of waiver authority they already have under law. This is included in the Bush administration energy plan. This was in the Bush administration energy policy recommendations to solidify and consolidate boutique fuels…

What this bill does is recognize the fact that we can have cheap gas and clean gas in America. The goal here is to improve the Clean Air Act, make it function better and make our gas more affordable while maintaining every ounce of…

first, I would like to share my heartfelt condolences with Nancy Reagan and the Reagan children. Our nation owes them a special debt of gratitude for their strength in caring for their husband and father over the past decade as he battled…

One of the ways in which we push jobs overseas is by making it more expensive to do business in America and to hire people to build things in America is the cost of regulations. This bill, the Paperwork and Regulatory Improvements Act…

Mr. Speaker, let me just bring three points up in respect to this substitute. Number one, my colleague from Florida sort of outlined the convoluted pay-for in this bill which will render this tax cut temporary, not permanent, by giving the…

Mr. Speaker, this Federal Government will spend about $2.7 trillion this year. Off the top of my head, we will be spending, with taxes coming in, about $29 trillion over that 10-year period. So we are proposing to allow the American…

Mr. Speaker, let me just mention very briefly, the gentleman who just spoke is from California, and the taxpayers just in the State of California who are now only paying that 10 percent bracket, there are 2,605,960 taxpayers in the State…

The vote we are faced with, the Rangel substitute, is denying people the ability to keep this money. It denies people the ability to put their FSA money into an HSA.

I want to make three points. Number one, we are hearing all of this hue and cry against allowing people to roll their flexible spending accounts $500 a year over into the next year. There is a reason why it is important to allow a person…

I want to speak today and rise in support of the Republican Study Committee budget because it is a wonderful budget. I also commend the gentleman from Iowa (Mr. Nussle) for doing an excellent job. There are two things that these budgets…