Congressman Paul Ryan, Chairman of the House Budget Committee, presented this document, "The Path to Prosperity: a Blueprint for American Renewal", on behalf of the House Budget Committee on March 20, 2012. The summary states that the proposed budget
"-Cuts government spending to protect hardworking taxpayers;
-Tackles the drivers of our debt, so our troops don't pay the price for Washington's failure to take action;
-Restores economic freedom and ensures a level playing field for all by putting an end to special-interest favoritism and corporate welfare
-Reverses the President's policies that drive up gas prices, and instead promotes an all-of the-above strategy for unlocking American energy production to help lower costs, create jobs, and reduce dependence on foreign oil.
-Strengthens health and retirement security by taking power away from government bureaucrats and empowering patients instead with control over their own care;
-Reforms our broken tax code to spur job creation and economic opportunity by lowering rates, closing loopholes, and putting hardworking taxpayers ahead of special interests.
At its core, this plan of action is about putting an end to empty promises from a bankrupt government and restoring the fundamental American promise: ensuring our children have more opportunity and inherit a stronger America than our parents gave us."