republicans.waysandmeans.house.gov www.americanroadmap.org http www.house.gov twitter.com www.facebook.com From today’s House Ways and Means Committee hearing of President Obama’s FY2011 Budget. Congressman Paul Ryan: I brought up page 146 in your budget which is your S-1 budget totals ((www.whitehouse.gov When you take a look at this, I just find this amazing. Youve got budget totals here, which by your own admission, from your own Budget Director, and youre a smart guy, youve got smart economists over there, all of them say, that for the medium and long-run budget deficits have to get below 3% of GDP, yet this budget plan that youre bringing to us doesnt even get close to it. Treasury Secretary Tim Geithner: Youre exactly right. Ryan: Since I have three minutes, you have this warning under here. Its like a warning on a cigarette pack. You have this little magic box underneath your budget totals that says: were going to have a commission do it. Were going to have this partisan commission, with a 2 to 1 ratio of Democrats and Republicans, that will give us a report after the election. Geithner: Its not a 2 to 1 ratio, thats not fair. And let me say it slightly differently, were going to solve our part of the mess we inherited. We inherited a structural deficit and to bring that down, were going to have to work together. Ryan: Why dont you solve this problem in your Budget? You run the government, if you are going to solve our fiscal situation, why dont you do that? Why …