Paul Ryan Budget Deal Keeps America on Path to $25 Trillion Debt
This isn’t what conservative want, but we have to give Ryan more conservatives in office in order to get what we want.
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The budget deal that House Budget Committee chairman Rep. Paul Ryan (R-WI) negotiated with Senate Budget Committee chairwoman Sen. Patty Murray (D-WA) will still add $8 trillion to the already-oversized national debt according to data included in statements made by Ryan and Murray, Breitbart News has learned.
Current law, which includes the Budget Control Act (BCA) known colloquially as the sequester, would push the national debt to $25.228 trillion in 2023, according to the Congressional Budget Office (CBO). The original BCA passed in 2011 had a goal of $2.1 trillion in deficit reduction over a 10-year window that ended in 2021.
The budget deal Ryan negotiated with Murray would include, at most, only $23 billion in deficit reduction. In comparison to current law, that means the national debt would reach $25.205 trillion by 2023.