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" Mitt Romney and I know the difference between protecting a program, and raiding it. Ladies and gentlemen, our nation needs this debate. We want this debate. We will win this debate. "

Paul Ryan

Debate

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" Borrowing and spending is not the way to prosperity. "

" The rate of return on Social Security for people nearing retirement is about 1.5 percent. By the time young children like mine are ready to retire, that rate of return will be a negative percentage. "

" This debt crisis coming to our country. The wall and tidal wave of debt that is befalling our nation. Medicare and Social Security go bankrupt within ten years, we have a debt that is looming so high that in the last year of President Obama's budget just the interest payments on our debt is $916 billion dollars. "

" America is more than just a country. It's more than Chicago or Wisconsin. It's more than our borders. America is an idea. It's a very precious idea. "

" Look, of course people are scared of entitlement reform because every time you put entitlement reform out there, the other party uses it as a political weapon against you. "

" Obama is trying to paint us as a caricature, as if we're some bizarre individualists who are hardcore libertarians. It's a false dichotomy and intellectually lazy. Of course we believe in government. We think government should do what it does really well, but that it has limits. "

" Our founders got it right when they wrote in the Declaration of Independence that our rights come from nature and nature's God, not from government. "

" President Obama's reckless defense cuts that are hanging over our cloud, hanging over the horizon could put almost 44,000 jobs at stake right here in Pennsylvania. we are not going to let that happen. You know why? Because No. 1, national defense is the first priority of the federal government. "

" What did the taxpayers get out of the Obama stimulus? More debt. That money wasn't just spent and wasted - it was borrowed, spent, and wasted. "

Paul Ryan

Debt

Just

" Everyone is equal. Everyone has a place. No one is written off, because there is worth and goodness in every life... That is the Republican ideal. And if we won't defend it, who will? "

" In Pennsylvania, 38 percent of Pennsylvania seniors chose to get their Medicare from a plan called Medicare Advantage. It's their choice. Forty-seven percent of them are going to lose it under 'Obamacare' according to Medicare by 2017. "

" The perfection of our union, especially our commitment to equality of opportunity, has been a story of constant striving to live up to our Founding principles. This is what Abraham Lincoln meant when he said, 'In giving freedom to the slave, we assure freedom to the free - honorable alike in what we give, and what we preserve.' "

" And if small businesspeople say they made it on their own, all they are saying is that nobody else worked seven days a week in their place. Nobody showed up in their place to open the door at five in the morning. Nobody did their thinking, and worrying, and sweating for them. "

" If borrowing and spending all this money led to more jobs than we would be at full employment already. "

Paul Ryan

Borrowing

Money

" The moral case for individual initiative in a free economy holds that people have a God-given right to use their creativity to produce things that improve our lives. "

" And to this day, my Mom is my role model. "

" Mr. Chairman, delegates, and fellow citizens: I am honored by the support of this convention for vice president of the United States. I accept the duty to help lead our nation out of a jobs crisis and back to prosperity - and I know we can do this. "

" There are a lot of regulations that are really just crushing jobs. Look at the coal miners in the Rust Belt that are getting out of work. Look at the - look at the loggers and the timber workers and the paper mills in the West Coast. Look at the ranchers or farmers in the Midwest with regulations. "

" Class is not a fixed designation in this country. We are an upwardly mobile society with a lot of movement between income groups. "

" This is what life is like with the Clintons. It is one scandal after another, and you never know what's coming next. They use the system to enrich themselves. "

" Exploiting people's emotions of fear, envy and anxiety is not hope, it's not change, it's partisanship. We don't need partisanship. We don't need demagoguery, we need solutions. "

" Everyone who feels stuck in the Obama economy is right to focus on the here and now. And I hope you understand this too, if you're feeling left out or passed by: You have not failed, your leaders have failed you. "

" We will not try to replace our founding principles, we will reapply our founding principles. "

" Conventional wisdom on government's role in inequality often has it backwards. Tax reforms have resulted in a more progressive federal income tax; government transfer payments have become less progressive. "

" Republicans have offered dozens of comprehensive healthcare plans many of which achieve comprehensive healthcare reform without breaking what's working in healthcare. We want to fix what's broken in healthcare. "

" We are in a global economy whether we like it or not. And we believe - I believe - that America should be at the table writing the rules of the global economy instead of China. "

" And the biggest, coldest power play of all in Obamacare came at the expense of the elderly. "

" I accept the calling of my generation to give our children the America that was given to us, with opportunity for the young and security for the old - and I know that we are ready. "

" If we didn't propose these reforms, we would not have proposed a budget that got the debt under control. "

" I don't want to get into the 'who's a hostage-taker' discussion here, but what is the estate tax? It's a double tax on death. Economists will tell you that it's really not a tax that soaks the rich, but it's a tax on capital that deprives business investment and therefore job creation. "