Paul Ryan economics: 5 things to know

New York (CNNMoney) - In picking Paul Ryan as his running mate, Mitt Romney has made clear what this year's presidential election will be about: Taxes, spending and the future of government programs in people's lives.

Ryan is the leading Republican thinker on budget issues in the House and his 2013 budget proposal - released in March and called "Path to Prosperity" - takes aim at many of President Obama's policies and proposals.

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