By: AIF Staff
Cambridge, MA – Yesterday, American Idea Foundation President and former Speaker of the House Paul Ryan spoke at Harvard’s Institute of Politics at an event titled: Inflation, Tax Policy, and the Way Forward. In a conversation facilitated by Professor Karen Dynan, the former Assistant Secretary of the Treasury for Economic Policy, Ryan detailed his thoughts on how America can prevent a debt crisis through a series of pro-growth policies and common-sense reforms. He also touched on the latest developments around the next Speaker of the House.
To watch the entire discussion that Speaker Ryan had with Harvard students and the broader university community, click here or on the video below.
Following the conversation, Ryan talked with the Harvard Crimson about the ongoing discussion around the next Speaker of the House:
Ryan criticized the current state of national politics in relation to the economy and the rising national debt.
“You have unserious politics that is incapable of dealing with the drivers of our debt, which basically are our entitlement programs,” Ryan said.
“It’s all populism and personality, and that’s one of the reasons why people are having a hard time getting everybody to get on the same page,” he added….
“Jim’s the next guy in the queue and he’s trying it right now,” Ryan said. “I don’t think he will go 15 rounds,” he added, referencing McCarthy’s lengthy election process.
“It’s a harder hill to climb. I think [Jordan] can do it, but he’s got to flip 17 people,” he said…..
In an interview with The Crimson following the forum, Ryan dismissed the idea of a bipartisan solution. Instead, he supported Speaker pro tempore Patrick McHenry (R-N.C.) receiving “elevated powers,” to allow the legislative body to resume its duties.
“The last, last, last resort is a coalition government because that means the majority ceding its power to be a majority, ” Ryan said. “I think they’ll go to McHenry as a souped-up Speaker pro temp as the last resort before they do that.”
To learn more about Ryan’s proposal to spur economic growth and avert a debt crisis, please visit: https://www.americanrenewalbook.com/.