of the top republicans on capitol hill house budget committee chairman paul ryan. congressman, thank you for joining us. you just released a budget. let's take a quick look at it. you call for $5.3 trillion in spending cuts. $2 trillion in tax cuts. and you would reduce the top bracket to 25%. are you asking everyone to sacrifice in this budget? >> first. we're putting the budget on a path to balance and pay the debt off. the president's budget brings us closer to a debt crisis. we're not proposing tax cuts. we're propose to go keep revenues where they are but to clear out all the special interest loopholes which are uniquely enjoyed in exchange for lower rates for everyone. a simply flatter more competitive tax system to bring at least as much revenue into the government as we are bringing now but in a fairer way so everybody pays the same tax rate when they make the same amount of money which is the kind of tax code that the president supported. >> the tax rate, you would reduce to...

debt off. the president's budget brings us closer to a debt crisis. we're not proposing tax cuts. we're propose to go keep revenues where they are but to clear out all the special interest loopholes which are uniquely enjoyed in exchange