budget

Q&A: Paul Ryan on His “Path to Prosperity”

TIME’s Jay Newton-Small talked to House Republican Budget Committee Chairman Paul Ryan in his Longworth office Tuesday about his 2012 budget, an ambitious package that includes drastic changes to Medicare and Medicaid, new tax reforms and deep spending cuts. A lightly edited transcript of the conversation follows:

TIME: How does your

The Trouble With Budget Debates: The Numbers Don’t Hold Up

Since Barack Obama arrived in office, he has predicted a return to stable deficits in the out years, the sort of message that lawmakers, creditors and the American people like to here. But there is problem: Obama’s projections have consistently been too rosy. So each year, his bean counters must readjust the projections. They keep the …

  1. 1
  2. 2
  3. 3
  4. Next