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Business/Financial

Ryan’s Spot On GOP Ticket Could Sway Defense Spending

Julie Samuel

Tuesday, August 14th, 2012

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Rep. Paul Ryan’s addition to the Republican presidential ticket could sway Pentagon funding depending on the results of the November election, experts said. Ryan, the Wisconsin Republican whom presidential candidate Mitt Romney tapped as his running mate over the weekend, has advocated for more-robust defense spending than Democratic President Barack Obama has proposed. Yet Ryan, as the Chairman of the House Budget Committee, also wants to cut entitlement programs popular with voters such as Medicare. Analysts already are mapping out scenarios…

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