Daily Archives: May 25, 2011

What Happens Now: Senate Defeats Ryan’s $6.2 Trillion Deficit Cut by Gregory Hilton

Rep. Paul Ryan (R-WI), Chairman of the House Budget Committee, holds a copy of his “Path to Prosperity” budget proposal. The $6.2 trillion reduction was defeated in the Senate earlier today.


The Senate today defeated the Ryan budget on a 57 to 40 vote. The “Path to Prosperity” deficit reduction plan had earlier passed the House and it would have reduced the deficit by $6.2 trillion over a decade. The most controversial part of the Ryan plan involved Medicare. Continue reading