Top House Republican rips Obama plan

WASHINGTON Wisconsin Republican Paul Ryan told Obama's budget chief Peter Orszag at a House Budget panel hearing that administration claims of deficit-cutting are mostly bogus since the deficit would fall anyway as the war in Iraq winds down.

Ryan also warned Tuesday that tax increases on small businesses earning more than $250,000 a year would stunt a possible recovery and that the plan would double the national debt in eight years.

Ryan got first licks at the Obama plan since he's the top Republican on the panel. But Obama's budget also faces a difficult path through Congress because of its numerous controversial proposals on health care, taxes and global warming.


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