While "opponents will shout austerity," the Republican lawmaker says his plan would still let federal spending grow. It just wouldn't grow as quickly as now projected, he says, and would come into balance if the economy continues to expand and boosts federal revenue.
Source: http://www.npr.org/blogs/thetwo-way/2013/03/12/174087587/ryan-says-his-budget-would-balance-in-10-years?ft=1&f=1014
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