[...] Cory Booker! Whatever would g...
Did White House threaten Cory Booker for criticizing Obama’s attack ad? « Full Metal Patriot on Obama threatens to withhold Social Security checks despite sufficient funds [UPDATED] Social Security Chief Actuary exposes Obama deception
The GOP Path To Prosperity cuts $6.2 trillion in spending over 10 years
This is what happens when the adults finally take the fiscal reigns from the spendthrift Democrats.
The president’s recent budget proposal would accelerate America’s descent into a debt crisis. It doubles debt held by the public by the end of his first term and triples it by 2021. It imposes $1.5 trillion in new taxes, with spending that never falls below 23% of the economy. His budget permanently enlarges the size of government. It offers no reforms to save government health and retirement programs, and no leadership.Our budget, which we call The Path to Prosperity, is very different. For starters, it cuts $6.2 trillion in spending from the president’s budget over the next 10 years, reduces the debt as a percentage of the economy, and puts the nation on a path to actually pay off our national debt. Our proposal brings federal spending to below 20% of gross domestic product (GDP), consistent with the postwar average, and reduces deficits by $4.4 trillion.
A study just released by the Heritage Center for Data Analysis projects that The Path to Prosperity will help create nearly one million new private-sector jobs next year, bring the unemployment rate down to 4% by 2015, and result in 2.5 million additional private-sector jobs in the last year of the decade. It spurs economic growth, with $1.5 trillion in additional real GDP over the decade. According to Heritage’s analysis, it would result in $1.1 trillion in higher wages and an average of $1,000 in additional family income each year…
This budget would focus on growth by reforming the nation’s outdated tax code, consolidating brackets, lowering tax rates, and assuming top individual and corporate rates of 25%. It maintains a revenue-neutral approach by clearing out a burdensome tangle of deductions and loopholes that distort economic activity and leave some corporations paying no income taxes at all.
It’s about time someone in Washington not only realizes that our country’s financial path is unsustainable, but actually has the testicular fortitude to take action to correct it! Our government must do what every family in America has been forced to do over the past several years: sit down, take a hard look at the finances, and realize that there are many things we’d like to do that we just can’t afford!
It’s time to cut back all non-essentials and get government operating on a bare-bones minimum until we ride out this recession. News flash for Obama and the Democrats: this means STOP ALL NEW SPENDING. For instance, Obama wants to double spending to buy more federal land.
Allahpundit sums up Rep. Paul Ryan’s plan:
Everything is on the table: Medicare, Social Security, even “Defense Secretary Robert Gates’s plan to target inefficiencies at the Pentagon.” Peter Robinson calls it “the most important domestic proposal of our lifetimes” and “the first concerted, credible effort to shrink the federal government since the birth of the welfare state seven decades ago.” TPM calls it, well, you can guess.
Posted by FullMetalPatriot
12th gen. American, Constitutionalist, Harley-riding Texan, gun owner & NRA member, blogger, illustrator, Florida Gator alumnus. #TCOT
12th gen. American, Constitutionalist, Harley-riding Texan, gun owner & NRA member, blogger, illustrator, Florida Gator alumnus. #TCOT
