The video clip and the following come from PowerLine:

Immediately following today’s release of the FY 2013 House GOP budget plan, Congressman Paul Ryan, chairman of the House Budget Committee, spoke at AEI [American Enterprise Institute] about some of the major policy proposals in the new plan and their implications for the American people.  In particular, he highlighted Medicare, arguing that … the system must undergo drastic reform to survive beyond the coming decade without compromising America’s future economic growth. He contended that the Obama administration’s recently released budget does not adequately address the future consequences of current health care legislation … and ultimately increases potential loopholes in the system. Congressman Ryan also voiced his concerns over the budget cuts facing the defense industry and, to that end, noted that his “Path to Prosperity” plan moves to ameliorate the nearly $55 billion in FY 2013 cuts to the defense budget mandated under sequestration.

Congressman Ryan asserted that by focusing on limited government regulation, maximizing free enterprise and leaving personal choices to the individual, this [his] House GOP budget puts America back on the path toward growth. He reiterated his belief that the coming budgetary crisis is as avoidable as it is recognizable and emphasized the responsibility of the president, Senate and Congress to act according to their legal and moral obligations in the best interests of the American people.