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Wednesday, November 22, 2017

WATCH: Paul Ryan Presents Controversial New Budget Plan

WATCH: Paul Ryan Presents Controversial New Budget Plan

Ryan bristled at the notion that his plan, which bears a striking resemblance to his previous budgets — and the Romney/Ryan ticket’s platform — was soundly rejected by voters in the 2012 election.

“The election didn’t go our way. Believe me, I know what that feels like,” Ryan said. “That means we surrender our principles? That means we stop believing what we believe in? Look, whether the country intended it or not, we have divided government. We have the second largest House majority we’ve had since World War II. And what we believe in this divided government era, we need to put up our vision.”

Senate Majority Leader Harry Reid immediately blasted Ryan’s plan as “an extreme budget that is anything but balanced.”

“The Paul Ryan budget 3.0 uses the same fuzzy math as his previous two budgets,” Reid said on the Senate floor. “It relies on accounting that is creative at best and fraudulent at worst to inflate its claims of deficit reduction.”

Similarly, White House Press Secretary Jay Carney released a statement saying that Ryan’s “math just doesn’t add up,” noting that “by choosing to give the wealthiest Americans a new tax cut, this budget as written will either fail to achieve any meaningful deficit reduction, raise taxes on middle-class families by more than $2,000 – or both.”

“The Path To Prosperity: A Responsible, Balanced Budget” can be read in its entirety here

Ryan’s full press conference can be viewed here

Photo: AP/Carolyn Kaster

Allison Brito contributed to this post

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