Posted on 11/17/2011 9:32:38 AM PST by mdittmar
Scoffing at Washington's troubled effort to cut just $1.2 trillion in federal debt over 10 years, the Tea Party's own debt commission today unveiled a shocking plan to slash nearly $10 trillion over the next decade, in part by eliminating several federal agencies, balancing the budget by 2015, and killing foreign aid to unfriendly nations.
"Go bold or go home," says the report from the Tea Party Debt Commission. "Are you listening, Washington?"
The FreedomWorks-led effort started months ago by asking Tea Party members for ideas on what to cut from the federal budget. They ended up going much further than Congress or the president wants.
Their plan would cut spending by $9.7 trillion, and shrink the federal government from 24 percent of GDP to 17.5 percent, in line with the post-war norm.
Key initiatives include:
"Imagine a plan that cuts, caps, and balances federal spending without raising taxes; that gives future generations control over their own retirement security; and that lifts the massive debt burden from our children's shoulders so they can know the American dream of ever-higher freedom and prosperity. And on top of all that, imagine that it's a serious, credible, plan generated by the grassroots. This is that plan," said the report.
Well, it would be a good start, at least.
Freeze at current level for 5 years. Get rid of baseline budgeting. All you need.
Repealing the president’s health care reform plan.
I’m betting that before we are done, if we are stupid enough to go through with it, OHC will bankrupt us, so the rest of the list is moot.
Boy, I’ll bet federal workers seeing this will get all “wee-weed up” on this plan!
Hah!
Too bad there’s no chance, too many people and voters on the dole.
Curses.
Now that’s more like it!! Go TEA party!!
Shockingly sensible.
THAT’s what I’m talkin ‘bout.......
Good start.
Its always kind of strange when a “journolister” writes as if there is an actual organization called the TEA Party and it has its own bureaucracy.
lol
Yup. Great start!!
1) Cut the spending.
2) Cut the government.
3) Cut the taxes.
Rinse. Repeat.
But how can politicians buy votes with these cuts.
A small start
About ****ing time!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
LLS
This is exactly right, Go Bold, or Go Home.
Cut $10 trillion!!!
Love it.
FYI..press conference is scheduled to air LIVE on C-span 3..at 2PM..
All Republican candidates need to push this immediately during the next debate.
The middle class WILL VOTE Republican.
Here is a thought on earmarks. Pick a recent year and add up the total earmarks. Then reduce that total by a percentage, say 20%. Then divide that amount by the number of Congressman and allow each Congressman to designate whatever earmarks his constituents want him to designate. This gives the constituents much more say over all these earmarks. They can even instruct him to have no earmarks, or if he favors certain groups they can vote him out of office if the majority does not approve.
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