• Home
  • News
    • Politics / Govt
    • Legislature
    • Crime / Courts
    • Health / Medicine
    • Archives
  • Sports
    • Badgers
    • Packers
      • Titletown Report
    • Brewers
  • Contact Us
    • Reporters
  • Affiliates
    • Affiliate Support

Wisconsin Radio Network

Wisconsin News and Sports

You are here: Home / News / Warnings of dire fiscal conditions

Warnings of dire fiscal conditions

June 10, 2010 By Andrew Beckett

A Wisconsin Congressman is raising concerns about the direction of government spending.

Congressman Paul Ryan (R-WI) says the US should pay close attention to the lessons being learned from other countries economic problems. He says it’s a real time lesson of marketplace justice, and the economic turmoil that can be inflicted on countries mired in debt.

The Janesville Republican says Congress should be working to reign in entitlement programs and other government spending to prevent this from happening in the U.S. So far though, Ryan says that’s not happening.

If spending is not brought under control, Ryan warns that the U.S. could easily face a European-style economic crisis. Ryan says we should shore up budget deficits before the market demands action.

Ryan’s comments were made as the House Budget Committee opened a hearing Wednesday with Federal Reserve Chairman Ben Bernanke.

AUDIO: Andrew Beckett reports (1:02)

Share this:

  • Facebook
  • Twitter

Filed Under: News



Featured Stories

Bucks hold off Pelicans for 4th straight win

WIAA Girls State Basketball Champions Underway

Wisconsin Volleyball Pauses Team Activities

Big Ten Changes Men’s Ice Hockey Tournament Dates

Marquette earns non-conference win at North Carolina (AUDIO)

TwitterFacebook

Sports Headlines

Bucks hold off Pelicans for 4th straight win

WIAA Girls State Basketball Champions Underway

Wisconsin Volleyball Pauses Team Activities

Big Ten Changes Men’s Ice Hockey Tournament Dates

Marquette earns non-conference win at North Carolina (AUDIO)

More Sports

Tweets by @WRN

Get our news delivered to your inbox:

Enter your email address:

Delivered by FeedBurner

Copyright © 2021 · Learfield News & Ag, LLC