EagleTribune.com, North Andover, MA

World/National News

January 26, 2013

Ryan says deep cuts in budget likely unavoidable

WASHINGTON (AP) — The chairman of the House Budget Committee says Republicans will oppose tax increases and, as a result, deep, unpopular budget cuts will likely take effect.

Republican Rep. Paul Ryan of Wisconsin told NBC’s “Meet the Press” yesterday that automatic spending cuts are scheduled to take hold because, quote, “Democrats have opposed our efforts to replace those cuts with others.”

Democrats have insisted taxes be part of the equation to dodge across-the-board spending cuts that are set to hit the Pentagon and many domestic programs. The spending cuts were set in motion in the hopes of spurring lawmakers to strike a large-scale deal to reduce the deficit.

Ryan was the 2012 vice presidential nominee. He says the country is heading toward a debt crisis if it doesn’t confront its spending.

1
Text Only | Photo Reprints
Latest News
World/National News

Latest U.S. News
Johnson: Six Arrests, No Tear Gas in Ferguson Cadavers, a Teen, and a Medical School Dream Raw: Woman Escorted From Ferguson Protests California Drought Stings Honeybees, Beekeepers Officer Who Pointed Gun at Protesters Suspended Holder Hopes to Bring Calm to Ferguson Holder Pledges Top Investigators for Ferguson US Mission to Rescue Hostages in Syria Failed Manfred, Torre and MLB Take Ice Bucket Challenge Bank of America Reaches Record $17B Settlement GlobalPost CEO Remembers Foley As a Brave Man Holder Reassures Ferguson Community With Visit Obama: World Is Appalled by Murder of Journalist Pres. George W. Bush Takes Ice Bucket Challenge Changes Coming to No-Fly List Police: Ferguson More Peaceful Fire Crews Tame Yosemite Fire Raw: Police Weapon Drawn Near Protesters, Media Arrests Witnessed in Ferguson Charter Schools Alter Post-Katrina Landscape
Latest World News
Raw: Rescue, Relief Efforts at Japan Landslide Today in History August 21 Israel, Militants Trade Fire After Talks Fail Raw: IDF Footage Said to Show Airstrikes Raw: Aftermath of Airstrike in Gaza Raw: Thousands March on Pakistani Parliament Raw: World's Oldest Man Lives in Japan Raw: Deadly Landslides in Japan Raw: Explosions in Gaza As Airstrikes Resume Today in History August 20 US Officials: Video Shows American's Beheading US Trying to Verify Video of American's Killing Rockets Fired From Gaza, in Breach of Ceasefire Raw: Japanese Military Live Fire Exercise Today in History August 19 Raw: Russian Aid Convoy Crosses Into Ukraine Raw: Building Collapse in South Africa, 9 Dead Assange Gets Cryptic About Leaving Embassy in UK Raw: Pope Francis Meets 'Comfort Women' Kurdish Peshmergas Retake Mosul Dam
Photos of the Week