This article in New York Magazine [1] discusses Ryan’s fiscal vision:
In 2001, Ryan led a coterie of conservatives who complained that George W. Bush’s $1.2 trillion tax cut was too small, and too focused on the middle class. In 2003, he lobbied Republicans to pass Bush’s deficit-financed prescription-drug benefit, which bestowed huge profits on the pharmaceutical and insurance industries. In 2005, when Bush campaigned to introduce private accounts into Social Security, Ryan fervently crusaded for the concept. He was the sponsor in the House of a bill to create new private accounts funded entirely by borrowing, with no benefit cuts. Ryan’s plan was so staggeringly profligate, entailing more than $2 trillion in new debt over the first decade alone, that even the Bush administration opposed it as “irresponsible.”
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