Paul Ryan: 'The sky won't fall if we don't do a budget'

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With House Republicans still divided on how to move forward with plans to pass the budget, House Speaker Paul Ryan (R-Wis.) reminded lawmakers Friday that there's always the option to just skip the budget altogether. "It would be a shame, but the sky won't fall if we don't do a budget," Ryan said to members at a closed-door meeting. Because of a two-year deal struck last fall between then-Speaker John Boehner and the Obama administration, Ryan contends Congress is not "staring down a cliff" that would force them to make a final call.

However, Ryan warned members, this choice would not come without repercussions. If House Republicans decided against doing a budget, Ryan said the Republican Party would essentially be missing out on a chance to "do big things" in 2017. The GOP would not be able to present their fiscal solutions to the public ahead of the presidential election, nor would they be able to pass all 12 appropriations bills, essentially forcing Congress back into its "crisis-driven cycle of passing spending bills" that Ryan has been trying to avoid, The Hill reports.

Republicans are at an impasse over the prospect of passing a budget that sticks to the previously agreed upon $1.07 trillion spending level. Others are pushing for increased military spending, which Ryan pointed out could only increase by $40 million within current spending levels. "Are House Republicans willing to give up appropriations bills, a balanced budget, entitlement reform, and reconciliation for $40 million?" Ryan asked Friday.