But this morning the new House Republican majority will introduce a budget that moves the debate from billions in spending cuts to trillions. America is facing a defining moment. The threat posed by our monumental debt will damage our country in profound ways, unless we act.

Not sure about the defining moment rhetoric, but the spending is a threat. Here.

Michael Cannon on the importance of health care reform to fiscal sanity:

On Tuesday, House Budget Committee Chairman Paul Ryan, R-Wis., released a budget blueprint that tackles the three big health care challenges facing the federal budget — ObamaCare, Medicare and Medicaid – with a strategy of repeal, vouchers and block grants. Done properly, those steps would simultaneously improve health care and help balance the budget within a decade.

Here.

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