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.
I saw an even better suggestion: - "No member of Congress shall be eligible for re-election when the budget is running a deficit."
An excellent start.
If we do NOT do this....there WILL be cuts....and worse...
If I were some poor guy on his umpteenth deployment to Afghanistan I might be "wee-weed up" as well.
Still this makes a whole lot more sense and is a whole lot closer to what we need than any of the joke proposals floating around Washington currently. Which, of course, is why it'll never go anywhere in Congress.
“A trillion” (or so) over ten years sounds dramatic.
It ain’t spit.
BTTT and bookmarking for further reading and distribution!!!
sfl
* No more money to PBS or NPR
* Priviatize AMTRAK within 90 to 365 days.
* Stop all Funding to the National Endowment to the Arts.
* Spin off the new Funding of all Student Loans Under Obamacare
* Consolidate all Student loan/grant Programs into one cut staff's to the bare bones and use one form or website.
* All 170 "Job Training" programs need to block granted back to the States and individuals can use them @ the Community College Level for Job Retraining if layed off, downsized etc.
“shocking”
“Shockingly sensible.”
I think it’s going to take a “go big or go home” attitude this election.
By the way, I’ll bet if Fed support to student loans is eliminated, magically, the costs of a higher education will be cut in half in a few years.
The first candidate to endorse this plan as their own, will win the nomination and the Presidency.
Four? That's one more than Perry's plan. And twice as many as he can tell you.
Four? That's one more than Perry's plan. And twice as many as he can tell you.
As long as they don't have to give up the stuff... like mortgage deductions, child deductions, copious unemployment, student loan loot.... but they'll be in favor of cutting OTHER people's rice bowls.
Repeal the NFA, repeal the MG ban, eliminate the ATF and you’ve just saved 1 billion a year at a minimum. The elimination of stupid technically based criminal suits would likely increase the savings to triple that easily. You’ve also stimulated the economy and opened up a large sector for new jobs in manufacturing which translates into more jobs in transportation and metals and plastics.
But of course, no one in Washington has the balls to touch the Unconstitutional MG ban or the NFA. After all, they can’t stomach not having control. That’s why the Tea Party will win and that’s why big Government is doomed.
And twice as many as the times I posted.
Tea Party Would Cut $9 Trillion and within 10 minutes the left along with their useful idiots in the media would label this plan as:
1) mean
2) unfair
3) RACIST
4) backed by greedy corporate America
5) balancing the financial burdens of government on the back of the poor,elderly and disenfranchised.
Cut,gut,and eliminate!!!
This budget is an excellent benchmark to frame the future debates and judge the conservative credentials of the GOP campaign positions. All of our GOP candidates should be asked to go on record if they support or oppose the budget and explain their reasons.
Congratulations to the Tea Party Debt Commission and FreedomWorks for a very significant contribution to the national dialogue in the 2012 election.
This is common sense. And it isn’t a “cut” of $9 trillion. Its NOT SPENDING $9 trillion. Its simply going back to spending levels from a couple years ago and then holding firm. Nothing more? What is that radical?!?!? Why is that “extreme”?!??!?
This would be common sense to any family sitting around the dinner table planning a budget.
“Dad had planned on buying a new $70,000 BMW in two years. Well, he lost his job and now works for $10 per hour at Home Depot. He can’t afford the BMW anymore so it comes out of the budget.”
That is not a $70,000 CUT!!!!!!!!!!!!! Its living within your freakin means. Its why we may need a revolution to set things right. Dems and Republicans both see a $9 trillion cut as “extreme”; they are all like heroin junkies looking for another spending fix.
Suspend the sale of Treasury Notes
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