WATCH: Paul Ryan breaks down America’s spending problem in one simple chart

 

America’s favorite chartographer Paul Ryan stopped by ‘Meet the Press’ this morning to explain that exponentially increasing amounts of federal spending is the problem, not the amount of taxes the government is collecting from the American people.

And it wouldn’t be a Paul Ryan budget lesson if it didn’t include a chart! Against MTP host David Gregory’s wishes, Paul Ryan whipped out a chart to explain that it’s the spending, stupid.

 

Look, we’ve already done the revenue bit, and if you keep raising revenues, you’re not going to get decent tax reform. Look, I know you didn’t want me to pull out a chart, and I’m kind of a chart guy…

This green line shows you historic tax rates – how much we’ve raised in taxes. The blue line is every tax increase President Obama is calling for. He got lots of those already. The red line, it shows you where spending is going. Spending is the problem. Revenues aren’t the problem. Spending’s the problem. And if you keep chasing higher spending with higher revenues, as they’re calling for, you’re actually going to hurt economic growth, you’ll never catch up, you’ll shut down the economy and you won’t actually get the budget balanced.

- Paul Ryan, Chair House Budget Committee

Comments

Comments

  1. Robert Clements says:

    That’s gonna be easy! JUST DRAW A CHART WITH OBAMA SIGNING AWAY IN MIDDLE OF THE NIGHT, EXECUTIVE ORDERS THE NEXT 4YRS.!!!

  2. joizy says:

    Interesting that Ryan’s “historical” look at taxes starts in 2012 and goes into the future. How about looking at tax/revenue/spending prior to GW Bush? That would be historical and kind of blow his straw man apart.

    1. Melinda says:

      There’s no straw man, joizy. Look again. The chart starts in 2006. You can Google tax receipts as a percent of GDP and find many charts dating back to 1945 showing that tax revenue has continually averaged about 18% of GDP with small 1% to 3% variances the entire time. Even during high growth times, revenue has never risen above about 21% of GDP. During that same time frame, federal spending has risen from about 16% of GDP right after WWII ended to around 24% now. The estimate shows we will reach about 38% of GDP in federal spending by 2041, while revenue will remain flat at around 19% to 19.5% of GDP. Tax increases give a small “bump” of 1% to 15% in revenue. Ryan is right. When comparing revenue and spending, spending is the problem. However, even with meaningful spending cuts, we cannot hope to tackle our debt. It has to be a mixture of spending cuts and growth. With negative growth in the 4th quarter of 2012 and no meaningful spending cuts, our economic future looks pretty sad.

    2. Laura says:

      I’m really sick of hearing about Bush, four years into Obama’s “reign”! This is the weakest recovery in the history of this country, the Bush excuse is getting weak! Democrats and Obama want to call the Tea Party out as ‘terrorists’, ‘extremists’, yet, so far, they are the ONLY ones who seem to have a better plan than printing more money, handing out food stamps, and blaming everyone for this mess! The people in this country need to start paying better attention than watching the evening news on ABC & CBS, because they won’t tell you anything that Obama or Soros doesn’t approve of first! I watch ALL the news stations, and ABC & CBS don’t report anything that hasn’t been talked about on line or on Fox for 3 days previously! It’s time to face the truth and stand up for this country before you loose the Freedom we have lost a lot of Son’s and Daughters fighting for!

      1. Melinda says:

        I am weary of the blame game as well. Now that the President’s first term is complete, he can no longer blame the previous President for our economic woes. I am seeing now in the news that Jay Carney and Nancy Pelosi have both blamed the Republicans in Congress for the negative GDP growth in the fourth quarter of 2012. The blame has shifted from Bush and my guess is that whatever happens in the coming 4 years that is not positive for the current administration will be blamed on Congressional Republicans. Placing blame on others is an extremely distasteful quality and totally counterproductive. Unfortunately, it appears that placing blame rather than looking for solutions is going to continue during President Obama’s next term.

Polititainment

Biden congratulates 'Veep' on Emmy win
From one Vice President to another… Vice President Joe Biden took to Twitter Tuesday to congratulate actress Julia Louis-Dreyfus on her Emmy win. Louis-Dreyfus snagged her third consecutive Outstanding Actress in a Comedy series win Monday for her portrayal of a fictional vice president on HBO’s “Veep.” Last year, the VP picked up the phone […]
Emmys snub political TV shows
Most of the 66th  annual Primetime Emmy Awards on Monday felt like a repeat of 2013′s awards show. “Modern Family,” “Breaking Bad” and “The Big Bang Theory’s” Jim Parsons all dominated the night, leaving most of the politically-themed and Washington D.C.-set shows out in the cold. Though “House of Cards”, “Scandal”, “Homeland”, “The Good Wife”, “The […]
Let's Play Emmy Bingo!

Play Emmy Bingo (specially created for lovers of political entertainment!) along with us as the winners are awarded during NBC's live broadcast Monday night.

Rick Perry's mugshot, marketing asset

Lesson: No matter how hard you try to make Rick Perry look bad, it just ain't gonna work.

Mitt's awesome ice bucket challenge reax

"Mitt does the most Mitt thing ever."

White House

White House: Checked-out Obama is a media myth
THE HILL – The White House is bristling at suggestions President Obama is disconnected, checked out or out of touch. White House allies maintain that the storyline of a checked-out president is a myth drummed up by the media during the summer doldrums. “It’s bull—t,” said one former senior administration official. “This is a guy who […]
Obama’s summer vacation by the numbers
After two weeks away from the White House, President Barack Obama’s vacation on Martha’s Vineyard, Massachusetts, ends late Sunday. A look, by the numbers, at how Obama spent the time while juggling his responsibilities as president, including monitoring the situations in Iraq and in Ferguson, Missouri: — 15: days, all or part, spent on the […]
Obama is halfway to becoming an EGOT winner after ‘Between Two Ferns’ appearance snags Emmy award
President of the United States might not be the most exclusive title Barack Obama holds soon. Obama is now halfway to becoming an “EGOT” winner, an elite title that only 12 other individuals including the likes of Audrey Hepburn and Helen Hayes can claim. “EGOT”  stands for the four major annual American entertainment awards: the Emmy, Grammy, Oscar, and Tony. Winning […]
David Axelrod: Democrats ‘were wrong’ to criticize George W. Bush for going on vacation, should ‘want’ POTUS vacation time
Now that the shoe is on the other foot, some Democrats are changing their tune about the optics of presidential vacations. Former president George W. Bush was attacked harshly by Democrats throughout his eight year presidency for taking vacations on the family ranch. Even now, Bush’s 381 vacation days are given as a reason that […]

Congress

UNEARTHED: Archival footage of Harry Reid smiling

From appearances, Senate Majority Leader Harry Reid derives little pleasure from his job, perhaps a deputy to the paragon of joylessness. But Red Alert Politics has dug into the archives to demonstrate that it wasn't always like this.

Rubio: Obama action would kill immigration reform
Sen. Marco Rubio (R-Fla.) is urging President Barack Obama to forego taking executive action on immigration, warning that would kill any chance for comprehensive immigration reform. “If indeed you move forward on such a decision, I believe it will close the door to any chance of making progress on immigration reform for the foreseeable future,” […]
House GOP hires legal representation to sue Obama
THE HILL – House Republicans have hired D.C. law firm BakerHostetler to provide legal representation to sue President Obama. House Administration Committee Chairwoman Candice Miller (R-Mich.) signed a contract on Monday for BakerHostetler to represent the House in the civil action lawsuit in a U.S. district court against the president. “The president must be held accountable, and the […]
McCain: Let's send ISIL 'straight to hell'

Sen. John McCain (R-Ariz.) contributed to the escalating rhetoric of American officials against the Islamic State of Iraq and the Levant Friday night.

McConnell’s plan to shut down Obama
POLITICO – Mitch McConnell has a game plan to confront President Barack Obama with a stark choice next year: Accept bills reining in the administration’s policies or veto them and risk a government shutdown. In an extensive interview here, the typically reserved McConnell laid out his clearest thinking yet of how he would lead the Senate […]