The past praise for Ryan and his budget plan is a stark contrast to his recent criticism of Republican presidential hopeful Mitt Romney's tax plan. Bowles also criticized Obama's plan at the time, saying nobody "took that budget very seriously":
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“Have any of you all met Paul Ryan? We should get him to come to the university. I’m telling you this guy is amazing. ... He is honest, he is straightforward, he is sincere. And the budget that he came forward with is just like Paul Ryan. It is a sensible, straightforward, serious budget and it cut the budget deficit just like we did, by $4 trillion. … The president as you remember, came out with a budget and I don’t think anybody took that budget very seriously. The Senate voted against it 97 to nothing."