April 11, 2018
April 11, 2018
As Speaker of the House, Rep. Paul Ryan pushed through the Tax Cuts and Jobs Act that will cost at least $1.5 trillion and provide around half of its benefits to the richest five percent of households. He then announced that Congress needs to cut entitlements to get the budget deficit under control. Before becoming Speaker, Ryan spent several years running the Budget Committee and the Ways and Means Committee, where he issued budget and tax plans each year to carry out his goals (lower taxes for the rich and cuts in entitlement spending), which are described in the reports below.
Ryan Tax Plan Reserves Most Tax Cuts for Top 1 percent, Costs $4 Trillion Over 10 Years – June 29, 2016
Another Ryan Budget Gives Millionaires Average Tax Cut of At Least $200,000 – April 2, 2014
Paul Ryan’s Latest Budget Plan Would Give Millionaires a Tax Cut of $200,000 or More – March 13, 2013
Top GOP Tax-Writer Proposes Fast-Track for Ryan Plan Tax Changes, Giving Millionaires Average Tax Cut of at Least $187,000 in 2014
– July 26, 2012
House Budget Chairman Paul Ryan’s Goal Is to Shrink Government, Not the Deficit
– April 8, 2011
Update on House GOP Budget Plan
– April 2, 2009
House GOP Tax and Entitlement Plan Would Raise Taxes on Four Fifths of Americans While Slashing Taxes on the Wealthy
– July 7, 2008