Ryan: Spending caps not enough

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The Hill:

The administration must agree to actual spending cuts to win GOP support for raising the debt ceiling, a key Republican said Thursday.

Speaking before the first round of deficit talks between Vice President Joe Biden and lawmakers, House Budget Committee Chairman Paul Ryan (R-Wis.) said spending caps will not be enough to get a deal.

“Caps in and of themselves alone, I don't think our conference would accept that,” Ryan said. He said the GOP wants a “downpayment” on spending cuts.

Ryan said Republicans are “under no delusions” they will get everything they want in negotiations with Biden, but will begin the talks using the House-approved 2012 budget as a starting point. He reiterated what he has said for weeks that getting a “single or a doubt” instead of a home run is the goal of the talks.
The House budget, prepared by Ryan, cuts $5.8 trillion over ten years and turns Medicare into a type of voucher system.

Democrats have blasted Ryan's budget for its proposals on Medicare and Medicaid, and Republicans have said for weeks that fundamental entitlement reform is unlikely to come out of the Biden talks.