Here's one thing President Obama and Republican presidential candidate Mitt Romney could agree on during their first debate this week: Something has to be done about the enormous gap between what the federal government collects in taxes and what it spends.
But the two men fundamentally disagree on what to do about that budget deficit.
Paul Ryan waves as he takes the stage at the Republican National Convention in Tampa, Fla., on Aug. 29. Ryan has been celebrated as a deficit hawk with bold vision, but some critics have called his record on deficit-reduction "dismal."
Paul Ryan has a reputation as a deficit hawk. Mitt Romney's running mate has proposed budgets that cut non-defense spending significantly, and advocated controlling Medicare costs by making it a voucher program. But critics argue there's a lot in the Wisconsin congressman's record that undermines his deficit-hawk reputation.
When Ryan gave the GOP response to President Obama's State of the Union address last year, he restated his commitment to debt and deficit reduction.
This is WEEKEND EDITION, from NPR News. I'm Linda Wertheimer. It is no coincidence that Mitt Romney makes his vice presidential announcement aboard the U.S.S. Wisconsin, since Congressman Paul Ryan is from the Badger State. The U.S.S. Wisconsin is one of the largest battleships ever built by the U.S. Navy.