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Ryan Faults GOP Budget for Lack of Public Investments
WASHINGTON -- U.S. Rep. Tim Ryan yesterday criticized the budget plan introduced earlier this week by U.S. Rep. Paul Ryan, chairman of the House Budget Committee, in particular for its lack of strategic public investments like the kind that led Siemens Corp. to contribute $440 million in software an in-kind services to Youngstown State University.
Ryan, D-13 Howland, during remarks delivered at a House budget hearing and posted online, refernced America Makes in Youngstown, the first of 15 proposed manufacturing innovation institutes. The National Additive Manufacturing Innovation Institute employs the same philosophy the United States has used in the post-World War II period “up until the recent Tea Party approach to governing,” he said.
“We see corporations coming into Youngstown, the heart of the old steel belt, making investments because of the strategy of public investments -- strategic public investments, whether it’s the [National Institutes of Health], National Science Foundation or Defense, Commerce and Energy coming together,” he said. “These are the kind of strategic things that are going to lead to making it in America again and leadi to the next generation of economic growth, and these are not included in this budget at all.”
Paul Ryan, R-1 Wis., the GOP’s vice-presidential nominee in 2012 and considered among the party’s top prospects for the 2016 presidential election, outlined a budget this week that would cut $5 trillion in spending over the next decade. Features include deep cuts to Medicaid and food stamp programs among other reductions in domestic programs, increased defense spending and repeal of the Affordable Care Act.
The Mahoning Valley’s Ryan offered that Republicans should be asking the wealthiest to pay a little bit more in taxes rather than shifting the burden to the middle and lower class.
“This Republican budget doesn’t make any sense,” Ryan, a Niles native, said, in a statement issued by his office. “We must make investments in our nation’s aging infrastructure. The city of Akron needs a sewer overflow system. Let’s build it now. These types of problem are not going away and waiting only makes these projects more expensive. We need to invest in advanced manufacturing, 3D printing, natural gas exploration and the training necessary to employ our workforce for those jobs. House Republicans have simply presented more of the same failed policies that the American people have time and again rejected.”
During the hearing, Ryan also introduced an amendment that would have restored the $90 billion the GOP proposes to cut in Pell grant funding for college students. The amendment was defeated.
Published by The Business Journal, Youngstown, Ohio.
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