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He calls it the path to prosperity. but it's already meeting opposition. kelly wright has details. good morning patti ann. paul ryan the chairman of the house committee says the budget process is washington is broken. house republicans will unveil a budget plan that ryan believes will change the course. in an op ed article in today's wall street journal ryan says it will reinvigorate the economy and reignite the american dream putting people back to work and earning higher wages. the path to get there is to cut spending and the uphill battle repeal obama care. the president has us on a pat...

Year which is the path we are on which takes us away from ever balancing the budget which produces a debt crisis. that is the problem. the president has us on a path toward a debt crisis that hurts everybody. that brings us to a recession. gives us a european kind of experience we want to avoid. we want people going back to work. higher wages. more jobs. a growing economy. we get that by balancing the budget. >> chris: there are two sides to the argument. the president would say the spending cuts and sequester and cuts that you going to propose in the short-term could actually hurt this kind o...

Ever met on the streets here t8 years ago and she put my on the air. a shoutout to you. >> jamie: god bless you, father jonathan. >> eric: thank you, father. >> thank you. >> jamie: it has been more than a week since those automatic budget cuts took effect. the initial impact of the sweeping changes haven't been as catastrophic as the obama administration had predicted. that's good news. but are we any closer to balancing the federal budget? paul ryan says he has a plan to get the nation's finances back on track. steve centanni has more on that. lots of buzz about the budget this morning in wa...

Year which is the path we are on which takes us away from ever balancing the budget which produces a debt crisis. that is the problem. the president has us on a path toward a debt crisis that hurts everybody. that brings us to a recession. gives us a european kind of experience we want to avoid. we want people going back to work. higher wages. more jobs. a growing economy. we get that by balancing the budget. >> chris: there are two sides to the argument. the president would say the spending cuts and sequester and cuts that you going to propose in the short-term could actually hurt this kind o...

Would they rather put hundreds of thousands of jobs and our entire economy at risk just to protect a few special interest tax loophole that is benefit only the healthiest americans and biggest corporations? that's the choice. >> while the cuts would put the gvt government on a path towards a debt reduction, they are inkrimtat or a lot like a meat clever. it would force the f.a.a. to regularly furlough 4,000 workers a day which accounts for more than 10% of its entire staff. 125,000 families would immediately lose rental assistance putting them at risk of homelessness, and the military's health...