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GOP Address: Paul Ryan Slams Democrats, Touts ‘Path to Prosperity’

ABC News(WASHINGTON) -- In this week’s Republican address, Wisconsin Congressman Paul Ryan accuses President Obama and Democratic leaders of overspending and expresses concern about the nation’s economic future.

“As I go around Southern Wisconsin and visit with Americans across the country about the debt and the economy, people often ask: is it too late to save America from a diminished future?

“It’s a difficult question,” Ryan, the chairman of the House Budget Committee, says. “[I]t’s one that makes me worry about my children’s future, and I know you’re worried too.”

Noting that this weekend will mark three years since the Democrat-controlled Senate has passed a budget, Ryan says, “This unserious approach to budgeting has dire consequences for American families. The president and his party leaders are now insisting that Washington take trillions of dollars from hardworking Americans in an effort to lock in ever-higher government spending. If we’ve learned anything over the last three years, it’s that this approach won’t work."

The House of Representatives approved Ryan’s “Path to Prosperity” budget resolution last month by a mostly party-line vote. In Saturday morning’s address, Ryan says the House-approved budget would produce economic growth and opportunities, “with bold reforms to the tax code and a credible, principled plan to prevent a debt crisis from ever happening.”

“It would support safe, responsible energy exploration here at home to address high gas prices and it would repeal the president’s health care law, which is making it harder for businesses to hire new workers,” he says.

Following last month’s House vote, the White House said the plan's passing “stands as another example of the Republican establishment grasping onto the same failed economic policies that stacked the deck against the middle class and created the worst financial crisis in decades.”

According to Ryan, the president “is hunkered down in campaign mode, and seems intent on dividing Americans for political gain instead of offering credible solutions to our most pressing fiscal and economic challenges.”

Meanwhile, Democrats in the Senate, Ryan says, are “about to go another year without a budget.”

“By contrast, the Republican-led House has passed a pro-growth budget and nearly 30 jobs bills that are waiting for action in the Senate.  This week, we passed four more bills relating to stopping cyberterrorism – which hurts our economy and costs jobs.  And we’re working to advance the Keystone XL pipeline, which would bring 20,000 jobs to the United States,” Ryan says.

“We will get back on a path to prosperity,” Ryan says. “It is not too late to get this right.  But only with the right leadership in place can we renew the American promise of leaving our children a stronger nation than the one our parents left us.”

Copyright 2012 ABC News Radio

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