Skip to comments.Ron Paulís Economic Plan: Cut 5 Cabinet Agencies, Cut Taxes, Cut Presidentís Pay
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.
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
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 Pauls 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. PAULS PRESIDENCY:
Ron Paul is the ONLY candidate who doesnt just
talk about balancing the budget, but who has a full plan
to get it done.
Cuts $1 trillion in spending during the first year
of Ron Pauls 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.
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.
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.
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.
Conducts a full audit of the Federal Reserve
and implements competing currency legislation to
strengthen the dollar and stabilize inflation.
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.
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.
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.
Republican Libertarian worthy of the name REPUBLICAN!
THANK YOU RON PAUL!
It's symbolic. He doesn't get a raise until the rest of us do. I think that it's politically brilliant!
He’s a Nut
The question nobody is asking is: what good will a balanced budget do if our enemies sneak in a nuke and detonate it in downtown New York? (Because Mr. Paul wants to leave Iran alone....)
Yeah, real symbolic. Deep, man.
I hear what you're saying but I'm not sure the expensive protracted wars we are now fighting are doing much to keep us safe either. When 911 happened I wanted to just bomb the heck out of a few choice pro-terror countries, like Iraq and Syria, and set the tone that justice will be swift and forceful whenever anyone attacks the USA. I am not a fan of exporting Democracy. I do not agree with much of Paul's foreign policy but I agree with him at least 75% of the time when he votes. I am also a big fan of marijuana legalization but I'm not sure most Freepers are down with that. I think all the candidates have their flaws but I am going to actively support whoever wins the primary.
I’m fine with the president’s pay where it is. It’s probably the hardest, most important job in the world. It’s not like Ron Paul is going to win the nomination. I think he is good to have in the debates, and could have some type of fiscal position in the next president’s cabinet. I was just pointing out that it obviously wasn’t the point of him saying that.
He told this same story about the two babies in his book, Liberty Defined, and I cried when I read it.
The thing of it is if we really believe in limited government and believe the government need to stay under budget than its going to take some real cutting and slashing.
A lot of toes need stepping on. I mean either we are going to FIX the problems or we are going to allow them to continue.
Personally, I am willing to suffer a little, if thats what it take, if it means we honestly fixing the mess once and for all.
Anyone who talks cutting rather than spending has my ear..even a half a nutterbutter.
“While promising to cut $1 trillion in spending during his first year, Mr. Paul would eliminate the Departments of Education, Commerce, Energy, Interior and Housing and Urban Development.”
I’m pretty much in the Cain camp, but he talks about ‘fixing things’ not gutting government. Ron Paul is saying what needs to be said AND DONE!
Inside Ronald Reagan Reason Magazine:
REASON: Governor Reagan, you have been quoted in the press as saying that youre doing a lot of speaking now on behalf of the philosophy of conservatism and libertarianism.
Is there a difference between the two?
REAGAN: If you analyze it I believe the very heart and soul of conservatism is libertarianism. I think conservatism is really a misnomer just as liberalism is a misnomer for the liberalsif we were back in the days of the Revolution, so-called conservatives today would be the Liberals and the liberals would be the Tories.
The basis of conservatism is a desire for less government interference or less centralized authority or more individual freedom and this is a pretty general description also of what libertarianism is
Are you kidding?
These people should be paid minimum wage for the privilege of serving the people. This goes for *all* the governors, senators, congress, city councils, mayors, etc. If they don't like it don't run for election. Cut their pension by 80 percent, and eliminated most of their tax paid health care benefits...We're broke and can no longer afford them.
Abolish all government employee unions...Did ya know there are more unionize government employees than those in the private sector in today's America?
Millions of these government bureaucrats are gang raping and choking the life out of America.
I’m for cutting all the uncessary and dangerous agencies. The sooner the better.
It's a bigger, more specific start than anyone else has offered so far!
When I was a kid I worked on one of Dr. Paul’s early campaigns for Congress. I went around with him to various campaign events. He was saying the exact same things when I was driving around with him and when he was at those events as he says today.
“Are you kidding?
These people should be paid minimum wage for the privilege of serving the people.”
(BTW I stole some of your post for new tagline...Thanks!)
I will never have to vote for Ron Paul, so there is no further point in attacking him. I like a lot of his domestic policy ideas.
I’ll leave it at that.
Why do you find that interesting? Americans have been beat down and gang raped by ever expanding government at all levels. To the point where America is broke, and much of the3 middle class private sector has lost their asses.
Feel free to make your own comments in support of bigger, more bloated, more corrupt country killing government. Tell us how many more taxes, government agencies, regulations, and government employees are needed.
Why does Ron Paul wear fake eyebrows?
I searched before I posted it.
Unfortunately, sometimes it seems the quickest way to find an article is to post and be told it’s a duplicate.
Why do you wear panties on your head?
What the hell kind of question is that supposed to be on an article about an economic plan?
Perhaps because it's the Wall Street Journal?
Cut the government. Cut all public service workers, but particularly reduce the police force nationally, state-wide, and locally.
A desperation move from a nutcase candidate.
Lots of the time Ron Paul sounds nuts but then sometimes he comes across as eminently sane. This is a moment of sanity and brilliance.
I don’t necessarily like cutting politician wages to the bone because it makes it so people who aren’t of independent means can’t afford to take the job. Of course, pay should be watched, and the President’s salary is probably too high, but he is supposed to pay for his and his families meals, clothing, school, medical insurance etc. out of that. They are supposed to have to pay for meals unless it’s business.
“Boner and the rinos just crap in his bloomers.”
Yep, the big government Republican establishment boys are not going to like this.
A huge start towards returning to the Republic would be cutting Cabinet departments back to the original four. Then don’t keep the other agencies around as less-than-Cabiner-level. Eliminate them. Fire everybody in them.
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