Obama's economy problem 

What would Paul Ryan do to turn around the economy? The exact opposite of everything President Obama is doing, of course:

“I'd go in the opposite direction on spending, on taxes, on debt and deficits. Get rid of all the uncertainty in the economy. He's promising huge tax increases on successful small businesses. I wouldn't do that. Keep taxes low and get spending under control so we don't have a debt crisis. If we have a debt crisis and we have a huge interest rate increase. We have an inflation problem. That's causing uncertainty in the economy. It's making it harder for businesses to create jobs. So, I would go in a different direction than he has gone on fiscal policy. And that's exactly what we've done in the house. Is offered a different direction on fiscal policy. Keep taxes and spending low, not high.”

Ryan was answering questions at a CBS Town Hall event that aired Tuesday. Also participating were Sen. Tom Coburn, R-Okla., Rep. Allen West, R-Fla., and Gov. Nikki Haley, R-S.C.

Coburn expressed concerns about the Senate's failure to act on a budget. “We ought to be thrown in jail,” he said, citing the legal budget deadline of April 15. The Republican-controlled House has already passed a budget.

Coburn also pointed out that the Senate has taken fewer votes so far this year than any Senate in the last quarter-century. “People don’t want to take a vote, because they might have to defend it,” he said.

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Sarah Leitner

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Stephanie Wang

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