Paul Ryan's Opposition to Tax Compromise: He Says Obama's Class Warfare Will Hurt Tax Reform

Paul Ryan

Listen to the incoming Chairman of the U.S. House of Representative's Committee on the Budget, Paul Ryan, talk about spending and taxes. Speaking with the Wall Street Journal's Jerry Seib, Congressman Paul Ryan (R, WI) insisted that the deal between Republicans and the White House on the Bush Tax Cuts was not a second stimulus and that the agreement would promote growth despite adding to the deficit. Ryan also talked about tax simplification and reform - he isn't convinced that President Obama is a convert to true tax reform and spending control.