Requires the process of entitlement reform, including Social Security and Medicare, with final implementation by FY2016 - Does not change Social Security or Medicare benefits - Block-grants Medicaid, SCHIP, foods stamps, and child nutrition
Cannot possibly achieve this:
Achieves a $19 billion surplus in FY2016
The guy's full of it. It looks like Washington Math has already claimed him as a victim.
The fact of the matter is, 60% of the federal budget consists of social entitlement programs (social security, medicare, medicaid, schip, welfare, etc), and interest payments on the national debt.
It's also simple math to observe that our government is borrowing $0.40 of every dollar it spends - which means that revenues cover 60% of the budget.
Now connect the dots: Every penny of revenue our government takes in goes to social entitlement spending and interest payments on the debt. Everything else is on borrowed fiat money. This means we could completely eliminate every other department in the government - Education, Homeland Security, Health and Human Services, Veterans Affairs, the Treasury, Labor, Interior, State, etc., including the complete elimination of the Dept. of Defense and 100% of ALL military spending, and might just barely be able to break even covering the entitlement programs with revenues (assuming interest rates on the debt payments never go up).
It is IMPOSSIBLE to not touch social entitlement spending and balance the budget, let alone achieve a surplus.