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Interview with Representative Paul Ryan

By On the Record, On the Record - January 6, 2011

Thursday, January 06, 2011

Special Guests | Rep. Paul Ryan

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This is a rush transcript from "On the Record," January 6, 2011. This copy may not be in its final form and may be updated.adsonar_placementId=1502008;adsonar_pid=150758;adsonar_ps=-1;adsonar_zw=198;adsonar_zh=170;adsonar_jv='ads.adsonar.com';

GRETA VAN SUSTEREN, FOX NEWS HOST: The CBO -- it says one thing about the price tag on the health care law. Congressman Paul Ryan is here, saying the CBO is only telling you part of the story. Now, the White House says repealing health care would be a disaster. Then a Democrat breaks rank, comes "On the Record" and says the opposite. Believe it or not, that's only the beginning!

First, the new health care dust-up. Today, the CBO sends a letter to Speaker Boehner saying repealing the health care law would increase the deficit by $230 billion over the next 10 years. Not so fast, says Republicans! They have their own report saying the failure to repeal the health care law will increase the deficit by $701 billion. That is $471 billion dollars worse. Now, the Republican report also says the health care law could kill more than 1.5 million jobs.

So now what? The new chairman of the House Budget Committee, Republican congressman Paul Ryan, went "On the Record."

(BEGIN VIDEOTAPE)

VAN SUSTEREN: The CBO today sent a letter Speaker Boehner. You got a copy of it. And it says -- it -- actually, it warns that repealing health care would add $230 billion to the deficit over the first 10 years. Then I look at the report that has been issued by the -- by Congressman Boehner, and your name is also on it, and you have a completely different story.

REP. PAUL RYAN, R-WIS., BUDGET COMMITTEE CHAIRMAN: Right.

VAN SUSTEREN: And it says that repealing it's going to save us money.

RYAN: That's right.

VAN SUSTEREN: Who do I believe?

RYAN: OK. The results.

VAN SUSTEREN: And how do I know who to believe?

RYAN: OK, so here's what this is, just to clear this up. The CBO just scored the health care legislation, which was written to manipulate that score. What they when they wrote that bill was they double counted lots of money. They didn't count the $115 billion of new bureaucratic spending that CBO says has to occur. They double counted money from Social Security, this new Class (ph) Act, from Medicare they double count. They didn't count the doc fix. So if you take away all the budget gimmicks, and all the smoke and the mirrors, this thing has about a $701 billion deficit.

CBO can't say that. CBO has to score the legislation as it's drafted. The problem is, the Democrats drafted it in such a way, with so many spending gimmicks, that it was done to manipulate that score. Make no bones about this. This thing's a budget buster. And we're not interesting in endorsing and signing onto all those budget gimmicks that seem to suggest that this thing actually reduces the deficit when we know very well, when you peel away the smoke and the mirrors, as the CBO has agreed with us, it is a huge deficit increaser.

VAN SUSTEREN: Well, why doesn't the CBO say that in this letter that, you know, smoke and mirrors...

RYAN: Because they have to score...

(CROSSTALK)

VAN SUSTEREN: You say (INAUDIBLE) score, which I love that term, which means...

RYAN: Yes, they have to estimate what's put in front of them.

VAN SUSTEREN: I mean, how much is it going to cost us, is really what (INAUDIBLE) They call it scoring, but whatever.

RYAN: Because the rules that govern how CBO operates is they have to estimate what is put in front of them. And that's -- this bill that was put in front of them with all these budget gimmicks and smoke and mirrors. That's the problem.

VAN SUSTEREN: So why don't you put in front of them and say, OK, put in the...

RYAN: I have done that, and they...

VAN SUSTEREN: Put in the doctor fix, which is what, $250 billion?

RYAN: Yes. And that -- and CBO has given us that answer, and that answer is about a $701 billion deficit.

VAN SUSTEREN: So -- so if you add in the doctor fix...

RYAN: Add in the doctor fix, if you add in all the new bureaucracies and the IRS agents you have to hire to enforce the mandate, if you take out all the double counting, that is about a $701 billion deficit.

VAN SUSTEREN: I guess, you know, it sort of confusing, like, I can't understand -- and you know -- why the CBO would send this letter to Congressman Boehner and not put that as sort of -- you know, put an asterisk in it, like, "but for," if this is -- if this is an imperfect...

RYAN: That's not their...

VAN SUSTEREN: ... picture.

RYAN: ... procedure. That's why I before sent a letter to them saying, Well, take away all these budget gimmicks, then what is the answer? And that's the answer I just now gave you.

VAN SUSTEREN: All right. CBO, though, non-partisan? You agree with that?

RYAN: Yes, they're non-partisan.

VAN SUSTEREN: They're not out to get you.

RYAN: No.

VAN SUSTEREN: OK. All right. So in terms of what's -- you're the new chairman of the Budget Committee. What's going to happen? Tell us next month or two.

RYAN: The spending spree is over. We're going to stop all this spending gusher that's been happening, and we're going to start cutting spending and get back to normalcy. First of all, we started today by cutting our own budgets. We started...

continued...

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This is a rush transcript from "On the Record," January 6, 2011. This copy may not be in its final form and may be updated.

GRETA VAN SUSTEREN, FOX NEWS HOST: The CBO -- it says one thing about the price tag on the health care law. Congressman Paul Ryan is here, saying the CBO is only telling you part of the story. Now, the White House says repealing health care would be a disaster. Then a Democrat breaks rank, comes "On the Record" and says the opposite. Believe it or not, that's only the beginning!

First, the new health care dust-up. Today, the CBO sends a letter to Speaker Boehner saying repealing the health care law would increase the deficit by $230 billion over the next 10 years. Not so fast, says Republicans! They have their own report saying the failure to repeal the health care law will increase the deficit by $701 billion. That is $471 billion dollars worse. Now, the Republican report also says the health care law could kill more than 1.5 million jobs.

So now what? The new chairman of the House Budget Committee, Republican congressman Paul Ryan, went "On the Record."

(BEGIN VIDEOTAPE)

VAN SUSTEREN: The CBO today sent a letter Speaker Boehner. You got a copy of it. And it says -- it -- actually, it warns that repealing health care would add $230 billion to the deficit over the first 10 years. Then I look at the report that has been issued by the -- by Congressman Boehner, and your name is also on it, and you have a completely different story.

REP. PAUL RYAN, R-WIS., BUDGET COMMITTEE CHAIRMAN: Right.

VAN SUSTEREN: And it says that repealing it's going to save us money.

RYAN: That's right.

VAN SUSTEREN: Who do I believe?

RYAN: OK. The results.

VAN SUSTEREN: And how do I know who to believe?

RYAN: OK, so here's what this is, just to clear this up. The CBO just scored the health care legislation, which was written to manipulate that score. What they when they wrote that bill was they double counted lots of money. They didn't count the $115 billion of new bureaucratic spending that CBO says has to occur. They double counted money from Social Security, this new Class (ph) Act, from Medicare they double count. They didn't count the doc fix. So if you take away all the budget gimmicks, and all the smoke and the mirrors, this thing has about a $701 billion deficit.

CBO can't say that. CBO has to score the legislation as it's drafted. The problem is, the Democrats drafted it in such a way, with so many spending gimmicks, that it was done to manipulate that score. Make no bones about this. This thing's a budget buster. And we're not interesting in endorsing and signing onto all those budget gimmicks that seem to suggest that this thing actually reduces the deficit when we know very well, when you peel away the smoke and the mirrors, as the CBO has agreed with us, it is a huge deficit increaser.

VAN SUSTEREN: Well, why doesn't the CBO say that in this letter that, you know, smoke and mirrors...

RYAN: Because they have to score...

(CROSSTALK)

VAN SUSTEREN: You say (INAUDIBLE) score, which I love that term, which means...

RYAN: Yes, they have to estimate what's put in front of them.

VAN SUSTEREN: I mean, how much is it going to cost us, is really what (INAUDIBLE) They call it scoring, but whatever.

RYAN: Because the rules that govern how CBO operates is they have to estimate what is put in front of them. And that's -- this bill that was put in front of them with all these budget gimmicks and smoke and mirrors. That's the problem.

VAN SUSTEREN: So why don't you put in front of them and say, OK, put in the...

RYAN: I have done that, and they...

VAN SUSTEREN: Put in the doctor fix, which is what, $250 billion?

RYAN: Yes. And that -- and CBO has given us that answer, and that answer is about a $701 billion deficit.

VAN SUSTEREN: So -- so if you add in the doctor fix...

RYAN: Add in the doctor fix, if you add in all the new bureaucracies and the IRS agents you have to hire to enforce the mandate, if you take out all the double counting, that is about a $701 billion deficit.

VAN SUSTEREN: I guess, you know, it sort of confusing, like, I can't understand -- and you know -- why the CBO would send this letter to Congressman Boehner and not put that as sort of -- you know, put an asterisk in it, like, "but for," if this is -- if this is an imperfect...

RYAN: That's not their...

VAN SUSTEREN: ... picture.

RYAN: ... procedure. That's why I before sent a letter to them saying, Well, take away all these budget gimmicks, then what is the answer? And that's the answer I just now gave you.

VAN SUSTEREN: All right. CBO, though, non-partisan? You agree with that?

RYAN: Yes, they're non-partisan.

VAN SUSTEREN: They're not out to get you.

RYAN: No.

VAN SUSTEREN: OK. All right. So in terms of what's -- you're the new chairman of the Budget Committee. What's going to happen? Tell us next month or two.

RYAN: The spending spree is over. We're going to stop all this spending gusher that's been happening, and we're going to start cutting spending and get back to normalcy. First of all, we started today by cutting our own budgets. We started...

continued...

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Choose a category

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Latest Transcript

January 06, 2011

Guests: Rep. Paul Ryan

Please click on a date for previous transcripts:

Loading Datepicker Tonight on 'On the Record'

• New Ariz. Rep. Ben Quayle outlines his agenda!

• Rep. Steve King on proposals to end the 'anchor baby' provision

GretaWire Poll Take Our Poll(survey software) Connect With Greta MyspaceFacebookTwitterEmail Record Mobile Alerts

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GRETA VAN SUSTEREN, FOX NEWS HOST: The CBO -- it says one thing about the price tag on the health care law. Congressman Paul Ryan is here, saying the CBO is only telling you part of the story. Now, the White House says repealing health care would be a disaster. Then a Democrat breaks rank, comes "On the Record" and says the opposite. Believe it or not, that's only the beginning!

First, the new health care dust-up. Today, the CBO sends a letter to Speaker Boehner saying repealing the health care law would increase the deficit by $230 billion over the next 10 years. Not so fast, says Republicans! They have their own report saying the failure to repeal the health care law will increase the deficit by $701 billion. That is $471 billion dollars worse. Now, the Republican report also says the health care law could kill more than 1.5 million jobs.

So now what? The new chairman of the House Budget Committee, Republican congressman Paul Ryan, went "On the Record."

(BEGIN VIDEOTAPE)

VAN SUSTEREN: The CBO today sent a letter Speaker Boehner. You got a copy of it. And it says -- it -- actually, it warns that repealing health care would add $230 billion to the deficit over the first 10 years. Then I look at the report that has been issued by the -- by Congressman Boehner, and your name is also on it, and you have a completely different story.

REP. PAUL RYAN, R-WIS., BUDGET COMMITTEE CHAIRMAN: Right.

VAN SUSTEREN: And it says that repealing it's going to save us money.

RYAN: That's right.

VAN SUSTEREN: Who do I believe?

RYAN: OK. The results.

VAN SUSTEREN: And how do I know who to believe?

RYAN: OK, so here's what this is, just to clear this up. The CBO just scored the health care legislation, which was written to manipulate that score. What they when they wrote that bill was they double counted lots of money. They didn't count the $115 billion of new bureaucratic spending that CBO says has to occur. They double counted money from Social Security, this new Class (ph) Act, from Medicare they double count. They didn't count the doc fix. So if you take away all the budget gimmicks, and all the smoke and the mirrors, this thing has about a $701 billion deficit.

CBO can't say that. CBO has to score the legislation as it's drafted. The problem is, the Democrats drafted it in such a way, with so many spending gimmicks, that it was done to manipulate that score. Make no bones about this. This thing's a budget buster. And we're not interesting in endorsing and signing onto all those budget gimmicks that seem to suggest that this thing actually reduces the deficit when we know very well, when you peel away the smoke and the mirrors, as the CBO has agreed with us, it is a huge deficit increaser.

VAN SUSTEREN: Well, why doesn't the CBO say that in this letter that, you know, smoke and mirrors...

RYAN: Because they have to score...

(CROSSTALK)

VAN SUSTEREN: You say (INAUDIBLE) score, which I love that term, which means...

RYAN: Yes, they have to estimate what's put in front of them.

VAN SUSTEREN: I mean, how much is it going to cost us, is really what (INAUDIBLE) They call it scoring, but whatever.

RYAN: Because the rules that govern how CBO operates is they have to estimate what is put in front of them. And that's -- this bill that was put in front of them with all these budget gimmicks and smoke and mirrors. That's the problem.

VAN SUSTEREN: So why don't you put in front of them and say, OK, put in the...

RYAN: I have done that, and they...

VAN SUSTEREN: Put in the doctor fix, which is what, $250 billion?

RYAN: Yes. And that -- and CBO has given us that answer, and that answer is about a $701 billion deficit.

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