Paul Ryan On The Fiscal Cliff Deal Heading For Obama's Signature

House Budget Committee Chairman Paul Ryan:

“The American people chose divided government. As elected officials, we have a duty to apply our principles to the realities of governing. And we must exercise prudence. We must weigh the benefits and the costs of action—and of inaction. In H.R. 8, there are clearly provisions that I oppose. But the question remains: Will the American people be better off if this law passes relative to the alternative? In the final analysis, the answer is undoubtedly yes. I came to Congress to make tough decisions—not to run away from them.  Now, we must return our attention to the real problem: out-of-control spending. Washington’s reckless spending drives the debt. And this debt is hurting the economy today. Unless we get at the heart of the problem, Americans will face a debt crisis—one that will threaten our most vulnerable in particular. It is our responsibility to prevent such a crisis.”

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