Despite not being their ideal candidate, Republicans became excited once Mitt Romney named Paul Ryan as his running mate. Ryan’s two budgets — the “Roadmap for America’s Future” and the “Path to Prosperity” — became rallying points for conservative activists and many in the Tea Party movement. It should be noted that FreedomWorks and the Club for Growth supported other alternatives because they didn’t feel that Ryan’s proposals didn’t balance the budget quickly enough.
While he has been able to cast himself as a budget cutter and small government advocate, Ryan’s voting record tells a different story. Back in May, I noted some of Ryan’s big government leanings, including his votes for Medicare Part D, TARP, and the auto bailout.
Earlier this month, Ben Swann, a Cininnati-based report, sat down with Ryan and went over some of the votes over his career in Congress, putting the GOP vice presidential nominee on the defensive for supporting big government.
On Medicare Part D, Ryan explains that the program came under cost projections, but Swann notes that the program has added over $9 trillion in unfunded liabilities to an already broken program.
Swann also shows video of the debate on TARP, where Ryan explains, “[T]his bill offends my principles, but I’m gonna vote for this bill in order to preserve my principles.” That’s no different than what George W. Bush said after TARP was passed, that he “abandoned free market principles to save the free market system.”
Ryan explained to Swann that “in times of crisis, sometimes sovereign credit has to backup private credit, just like TARP did.” Essentially, bailouts are still have a place in public policy, according to Ryan. That’s not something a fiscal conservative would say.
Here’s the full segment. It’s worth a watch: