We all have heard the conservative tag line….”Cut spending NOW!”……..it has been a popular conserv tag line for decades……and today it is more important than ever to the GOP…..it will win them elections and more clout in Washington…..
The whiz kid of the GOP, Rep. Paul Ryan of Wisconsin, is leading the charge on this issue….I have said many times that I believe that he is sharp and knowledgeable. And like the dutiful son he echoes the tag lines, slogans and stands of the elders of the Party………
The starting point for tackling this challenge is the federal budget. For families, organizations, and businesses alike, a budget sets priorities and forces tough decisions.Our proposal would create a legally binding federal budget, with enforceable limits on spending and deficits, force Congress to address our entitlement crisis and budget for our long-term liabilities, and allows for budgetary oversight by moving from the frenetic annual calendar to a biennial budget and appropriation process.
Budget process reforms can help limit the excesses of spendthrift lawmakers — but real restraint requires a commitment to get spending and deficits under control.
Among the proposals:- Cancel unused bailout funds. The financial rescue package has morphed into a Washington slush fund for special interests. To prevent its continued abuses, we should terminate the Troubled Asset Relief Program.
- Cancel unspent “stimulus” funds. We need more jobs, not more debt.
- Reduce government employment and freeze government pay. We need to grow the economy, not government.
- Cut and cap discretionary spending. After an 84 percent increase in discretionary spending, Washington has added trillions of dollars to our debt, yet failed to produce the jobs promised. We should return spending to pre-Obama levels and establish discretionary spending caps.
- Reform Fannie Mae and Freddie Mac. We need to phase out the federal control of these mortgage giants, limit taxpayer exposure and combat crony capitalism.Read more at the Washington Examiner: http://www.washingtonexaminer.com/opinion/columns/We-need-to-cut-spending-now-96923989.html#ixzz0rgy06B9M