Go big or go home? Not so fast, says a key US House lawmaker. He wants, as former Washington Redskins coach Jim Zorn once advised, to just “stay medium” in pursuit of a sequester-addressing fiscal deal.
Congressional Republicans and President Barack Obama can strike the kind of grand budget pact to void sequestration, but he wants another “medium” deal, says GOP House Budget Committee Chairman Rep. Paul Ryan of Wisconsin.
Ryan, considered by some in the GOP the ideological godfather of American conservatism, says he is abandoning pursuit of a sweeping deficit-reduction measure after five years.
“It’s clear the next presidency is going to determine this. Clearly within the next presidency,” Ryan told the Fox Business Network. “With this president I’ve tried for five years to get budget agreements. He will not take on the wholesale kind of entitlement reform you need to get our debt and deficit under control, to get our debt under control.”
On their part, White House officials and congressional Democrats pin the blame on Republicans. They say the GOP is too unwilling to talk about new tax revenues and too eager to almost exclusively cut into domestic programs.
A veteran of every major attempt at striking a federal fiscal deal during the Obama era, Ryan says new faces in key places will be needed to strike the so-called “grand bargain” that would replace sequestration with other deficit-cutting items.