By Dell Hill
Dr. Ron Paul (R-Tx) is the perennial Libertarian Party candidate for President and, because much of his political ideology comes down on the far-right wing of the Republican Party, he runs as a Republican too.
Here’s Dr. Paul’s “Plan To Restore America”, as found at his campaign web site.
SYNOPSIS:
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
drifted far from our founding principles, and America is in crisis. Ron
Paul’s “Restore America” plan slams on the brakes and puts America on a
return to constitutional government. It is bold but achievable. Through
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. PAUL’S PRESIDENCY:
Ron Paul is the ONLY candidate who doesn’t just talk about balancing the budget, but who has a full plan to get it done.
SPENDING:
Cuts
$1 trillion in spending during the first year of Ron Paul’s 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.
ENTITLEMENTS:
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.
TAXES:
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.
REGULATION:
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.
MONETARY POLICY:
Conducts
a full audit of the Federal Reserve and implements competing currency
legislation to strengthen the dollar and stabilize inflation.
CONCLUSION:
Dr.
Paul is the only candidate with a plan to cut spending and truly
balance the budget. This 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.
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