Texas Congressman Ron Paul criticizes Obama, Ryan budget plans

Reuters News
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Posted: Apr 11, 2011 2:29 PM

DES MOINES, Iowa (Reuters) - Texas Congressman and possible Republican presidential candidate Ron Paul criticized both President Barack Obama's budget and a proposal by Wisconsin Republican Congressman Paul Ryan in a speech at an Iowa college on Monday.

"Neither of those budgets will solve our problems, won't even come close," said Paul, speaking at the Dordt College Campus Center in Sioux Center Monday morning.

Paul said both Obama and Ryan plans accept the idea the government will want to run the welfare system.

"Ryan's, even though he makes an attempt at it, doesn't reject that notion. I do," Paul said.

Ryan is the new chairman of the House of Representatives Budget Committee and has offered a detailed proposal for holding down federal spending over the long term.

Congressman Paul also criticized spending on "maintaining our empire" and "being the policeman of the world."

"All great societies ... have ended for foreign policy reasons," Paul said. "That's what brought the Soviets down."

Paul said he also opposes raising the nation's federal debt limit.

Another possible Republican presidential hopeful, Minnesota Congressman Michele Bachmann, also plans to speak on Monday in Iowa, whose party caucuses are the first test of presidential contenders.

(Reporting by Kay Henderson; Writing by Mary Wisniewski; Editing by Jerry Norton)