Friday, November 18, 2011

The TEA Party Budget

Unlike the scuzzbuckets who populate the North Ave. bridge (and who terrorize, rape, kill, and fire-bomb in other cities), the TEA Party folks actually thought about it, and present a plan.

--Repeals ObamaCare in toto.

--Eliminates four Cabinet agencies — Energy, Education, Commerce, and HUD — and reduces or
privatizes many others, including EPA, TSA, Fannie Mae, and Freddie Mac. 

--Ends farm subsidies, government student loans, and foreign aid to countries that don’t support us
— luxuries we can no longer afford.

--Saves Social Security and greatly improves future benefits by shifting ownership and control from
government to individuals, through new SMART Accounts.

--Gives Medicare seniors the right to opt into the Congressional health care plan.

--Suspends pension contributions and COLAs for Members of Congress, whenever the budget is in
deficit.

All of which will achieve what?

This:

Balances the budget in four years, and keeps it balanced, without tax hikes.

--Closes an historically large budget gap, equal to almost one-tenth of our economy.

--Reduces federal spending by $9.7 trillion over the next 10 years, as opposed to the President’s
plan to increase spending by $2.3 trillion.

--Shrinks the federal government from 24 percent of GDP — a level exceeded only in World War II
— to about 16 percent, in line with the postwar norm.

--Stops the growth of the debt, and begins paying it down, with a goal of eliminating it within this
generation.

Which (R) candidate will have the cojones to endorse this?

Not Romney.

2 comments:

  1. Repealing PPACA will increase the deficit.

    Eliminate Commerce? So gone are the patent office, the national weather service, the national oceanic and atmospheric administration, standards?

    Eliminate Energy? So gone are radioactive waste management, management of all nuclear weapons, Lawrence Livermore Lab, Los Alamos, Oak Ridge, and more.

    Privatize EPA? What would be the point? Let industry clean up on its own? Yeah, that'll work.

    Privatize Social Security? Yeah that would be great. Good thing I didn't retire at the end of 2008. We already have control of most of our retirement funds. It's called 401(k)s and IRAs.

    Give Medicare seniors the right to opt into the Congressional health plan? The congressional health plan is basically PPACA. I'm sure seniors would be OK with it, but 75% or more of Medicare patients are extremely happy with Medicare. So why change?

    The quickest and easiest way to end the deficit is to do nothing. Do nothing and let the Bush era tax cuts expire at the end of next year. Raises $7 trillion over 10 years.

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  2. RON F_____ PAUL.

    Seriously, this is our chance. He isn't bullshit (like the rest of the candidates).

    ReplyDelete