NFL
Live Super Bowl updates: Follow the action and reaction with Times staffers
Topics

U.S. House Committee on the Budget

Paul Ryan budget cuts deeply -- but will it balance as promised?

Paul Ryan budget cuts deeply -- but will it balance as promised?

WASHINGTON -- The austere Republican budget proposal from Rep. Paul D. Ryan would slash federal spending to pre-Eisenhower levels, but the "turbo cuts" on every aspect of government -- except the military -- are still not enough to reach his promise of balancing in a decade.

Ryan, the House Budget Committee chairman, relies on a combination of previously approved Obamacare savings and tax hikes, along with a new way of measuring economic growth, to reach the 10-year goal of ridding the budget of red ink.

That approach does not sit well with hard-line budget hawks, and could make Ryan's job even more difficult as the House prepares to vote on the budget next...

Loading
67°