Paul Ryan: US Budget Compromise With Obama Possible

“The Republicans’ point person on fiscal issues in Congress said on Sunday that compromise with President Barack Obamais possible on taxes and spending even though his soon-to-be-unveiled budget plan faces certain rejection from Obama’s Democrats.

Rep. Paul Ryan, the chairman of the House of Representatives Budget Committee, acknowledged that Democrats who control the Senate are likely to defeat his proposal to repeal Obama’s signature health-care law and other elements of his plan to balance the budget within 10 years.

But Ryan, whose ideas on taxes and spending gained national prominence when he was selected as the Republican vice presidential candidate last year, said Democrats and Republicans might be able to agree on less dramatic steps that would narrow budget deficits in coming years….”

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