Liberals complain that the budget can’t be balanced but if you cut just one penny from each dollar we currently spend, the budget would balance within six or seven years.
The Penny Plan has been crafted into a bill that millions of conservatives across the country support.
It is often said that there is not enough bipartisanship up here.
That is not true.
In fact, there is plenty.
Both parties have been guilty of spending too much, of protecting their sacred cows, of backroom deals in which everyone up here wins, but every taxpayer loses.
It is time for a new bipartisan consensus.
It is time Democrats admit that not every dollar spent on domestic programs is sacred. And it is time Republicans realize that military spending is not immune to waste and fraud.
Where would we cut spending; well, we could start with ending all foreign aid to countries that are burning our flag and chanting death to America.
The President could begin by stopping the F-16s and Abrams tanks being given to the radical Islamic government of Egypt.
Not only should the sequester stand, many pundits say the sequester really needs to be at least $4 trillion to avoid another downgrade of America’s credit rating.
Both parties will have to agree to cut, or we will never fix our fiscal mess.
Bipartisanship is not what is missing in Washington. Common sense is.
Trillion-dollar deficits hurt us all.
Printing more money to feed the never-ending appetite for spending hurts us all.
We pay higher prices every time we go to the supermarket or the gas pump. The value of the dollar shrinks with each new day.
Contrary to what the President claims, big government and debt are not a friend to the poor and the elderly. Big-government debt keeps the poor poor and saps the savings of the elderly.
This massive expansion of the debt destroys savings and steals the value of your wages.
Big government makes it more expensive to put food on the table. Big government is not your friend. The President offers you free stuff but his policies keep you poor.
Under President Obama, the ranks of America’s poor swelled to almost 1 in 6 people last year, reaching a new high as long-term unemployment left millions of Americans struggling and out of work.
The cycle must be broken.
The willpower to do this will not come from Congress. It must come from the American people.
Next month, I will propose a five-year balanced budget, a budget that last year was endorsed by taxpayer groups across the country for its boldness, and for actually solving the problem.
I will work with anyone on either side of the aisle who wants to cut spending.
But in recent years, there has been no one to work with.
The President’s massive tax hikes and spending increases have caused his budgets to get ZERO votes in both houses of Congress. Not a single Democrat voted for the President’s budget!
But at least he tried.
Senate Democrats have not even produced a budget in the time I have been in office, a shameful display of incompetence that illustrates their lack of seriousness.
This year, they say they will have a budget, but after just recently imposing hundreds of billions in new taxes, they now say they will include more tax hikes in their budget.
We must stand firm. We must say NO to any MORE tax hikes!
Only through lower taxes, less regulation and more freedom will the economy begin to grow again.
Our party is the party of growth, jobs and prosperity, and we will boldly lead on these issues.
Under the Obama economy, 12 million people are out of work. During the President’s first term 800,000 construction workers lost their jobs and another 800,000 simply gave up on looking for work.
With my five-year budget, millions of jobs would be created by cutting the corporate income tax in half, by creating a flat personal income tax of 17%, and by cutting the regulations that are strangling American businesses.