08/16/2012 08:31 am ET Updated Oct 16, 2012

Simon Johnson: Here's The Big Difference Between Romney And Ryan

As the presumptive Republican vice-presidential candidate, Representative Paul D. Ryan of Wisconsin and his plans for the federal budget are drawing increasing interest. Mr. Ryan has been chairman of the House Budget Committee since the Republicans took control of the House of Representatives in the 2010 midterm elections and has articulated a vision for federal public finances that is quite different from what other prominent Republicans have been advocating - including Mitt Romney.

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