Posted on 10/17/2011 12:09:28 PM PDT by Bokababe
GOP presidential candidate Rep. Ron Paul will unveil his economic plan Monday afternoon, calling for a lower corporate tax rate, cutting spending by $1 trillion during his first year in office and eliminating five cabinet-level agencies, including the Education Department, according to excerpts released to Washington Wire.......
(Excerpt) Read more at blogs.wsj.com ...
Ron Paul, as president, would only accept $39K a year, instead of the usual $400K, because that is the average salary of the American worker.
I like it...it’s a start.
FINALLY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
A Republican worthy of the name REPUBLICAN!
THANK YOU RON PAUL!
I read this article earlier today online. What is interesting is the very pro-Paul sentiments that make up the 278 comments associated with the article.
Paul also started running ads on the radio in Upstate SC emphasizing his pro-life beliefs. I’m not the biggest Paul fan, but the commercials are quite effective.
Boner and the rinos just crap in his bloomers.
I like the sound of that. They need to get rid of the czars too.
Congress & President’s pay should be linked to certain economic success or failure.
Too bad we can’t trust him to defend our country.
Yeah cutting the President’s pay is gonna have a big effect on the country’s economic woes. lol.
Too bad he’s insane, and a senile old man. /s
RON PAUL “PLAN TO RESTORE AMERICA”
EXECUTIVE SUMMARY RONPAUL2012.COM
SYNOPSIS:
America is the greatest nation in human history.
Our respect for individual liberty, free markets, and
limited constitutional government produced the
strongest, most prosperous country in the world. But,
we have dri!ed far from our founding principles, and
America is in crisis.
Ron Paul’s “Restore America” plan slams on the
brakes and puts America on a return to constitutional
government. It is bold but achievable. “rough the bully
pulpit of the presidency, the power of the Veto, and,
most importantly, the united voice of freedom-loving
Americans, we can implement fundamental reforms.
DELIVERS A TRUE BALANCED BUDGET
IN YEAR THREE OF DR. PAUL’S PRESIDENCY:
Ron Paul is the ONLY candidate who doesn’t just
talk about balancing the budget, but who has a full plan
to get it done.
SPENDING:
Cuts $1 trillion in spending during the first year
of Ron Paul’s presidency, eliminating five cabinet
departments (Energy, HUD, Commerce, Interior, and
Education), abolishing the Transportation Security
Administration and returning responsibility for security
to private property owners, abolishing corporate
subsidies, stopping foreign aid, ending foreign wars, and
returning most other spending to 2006 levels.
ENTITLEMENTS:
Honors our promise to our seniors and veterans,
while allowing young workers to opt out. Block grants
Medicaid and other welfare programs to allow States
the flexibility and ingenuity they need to solve their
own unique problems without harming those currently
relying on the programs.
CUTTING GOVERNMENT WASTE:
Makes a 10% reduction in the federal workforce,
slashes Congressional pay and perks, and curbs
excessive federal travel. To stand with the American
People, President Paul will take a salary of $39,336,
approximately equal to the median personal income of
the American worker.
TAXES:
Lowers the corporate tax rate to 15%, making
America competitive in the global market. Allows
American companies to repatriate capital without
additional taxation, spurring trillions in new
investment. Extends all Bush tax cuts. Abolishes the
Death Tax. Ends taxes on personal savings, allowing
families to build a nest egg.
REGULATION:
Repeals ObamaCare, Dodd-Frank, and Sarbanes-
Oxley. Mandates REINS-style requirements for
thorough congressional review and authorization
before implementing any new regulations issued by
bureaucrats. President Paul will also cancel all onerous
regulations previously issued by Executive Order.
MONETARY POLICY:
Conducts a full audit of the Federal Reserve
and implements competing currency legislation to
strengthen the dollar and stabilize inflation.
CONCLUSION:
Dr. Paul is the only candidate with a plan to cut
spending and truly balance the budget. “is is the only
plan that will deliver what America needs in these
difficult times: Major regulatory relief, large spending
cuts, sound monetary policy, and a balanced budget.
Freedom Ping!
I don’t think that’s the point, do you?
I was going to ask if one of the 5 agencies was the department of defense.
For every 1 economic thing about Paul I like, there’s 3 non-economic ideas that scare the hell out of me.
Bottom line: I’m a conservative, not a libertarian.
Paul though, has bought the Libertarian platform whole hog.
LRon Paul, as president, would appoint Kucinich and Nader to his Cabinet. FAIL.
Ron Paul is, I believe, a man of his word!
Ron Paul for President of The United States!
You can trust Ron Paul to defend the country. You can't trust him to protect the globalist's foreign investments, which they've successfully convinced you are your problem - -they aren't!
There is no point to cutting the President’s pay.
Thank you for the link.
The cabinet agencies he proposes to cut are:
Dept. of Energy
Dept. of Housing and Urban Development
Dept. of Commerce
Dept. of Interior
Dept. of Education
I can support those cuts. We need to pressure the other GOP candidates to either support these cuts, or offer their own cuts.
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