Senators Rand Paul, Mike Lee and Jim DeMint Introduce Five-Year Balanced Budget Plan
There are few serious players who are willing to responsibly address our country’s rapidly approaching fiscal apocalypse. Surely this doesn’t include Obama who submitted his 2012 budget with a $1.7 trillion deficit which he claims will help solve our crisis. Oh, and of course, his plan includes similar gargantuan deficits for as far as the eye can see.
The Democrats are outraged at even a $6 billion cut out of $3.65 trillion. This miniscule amount represents approximately 25 hours of federal spending out of an entire year (of 8760 total hours).
Many Republicans are seeking far more in budget cuts, $60 - $200 billion. Unfortunately, these amounts still fall far short of what is needed.
Who are these (brave) individuals who are willing to put everything on the line in order to save our nation from fiscal calamity? They are all Republicans and Conservatives and include such names as Senators Rand Paul, Mike Lee and Jim DeMint and Rep. Paul Ryan.
We need to give them our support as well.
Sen. Rand Paul introduces Five-Year Balanced Budget Plan with Senators Lee and DeMint
Senator Rand Paul unveiled his five-year path to a balanced budget, which includes cutting four federal government departments: Departments of Education, Energy, Commerce and Housing and Urban Development.
The proposal also calls for the repeal of “Obamacare,” leaves entitlements untouched, and he also said he is willing to make changes to the cuts, but there will have to be cuts elsewhere.
Rand Paul said:
“While official Washington is sitting on their hands and ignoring the ever-expanding deficit, I am offering a real plan to rein in spending and address the looming debt crisis. The only way we can balance the budget is if we have real leadership, and the President has abdicated his leadership on this issue. It’s time to take bold action to bring our country back from the brink, and I am proud to start the conversation on how we go about that.”
Via ABC’s The Note:
“There’s a lot of things in here that everybody could agree to, Republicans and Democrats, but nobody’s leading on the president’s side and on our side we felt we needed to put this forward to get the debate started, at the very least.”
“There’s an argument for every federal program up here… Nobody’s coming up here asking me for money that’s not for a good reason. But the alternative is that we get into a point of financial disaster where nobody gets any money,” he said.
Fellow Tea Party Caucus members, Senators Mike Lee and Jim DeMint were by Paul’s side when he introduced this bill. Both men supported Paul and called for Washington to get serious about the budget and to make cuts. The country is in fiscal jeaopardy.
Senator Mike Lee challenged anyone who criticizes Paul’s plan to present something better rather than verbally criticize it.
“There may be some in this town who will disagree with the manner in which we’re proposing moving toward a balanced budget over a five year period. That’s fine, that’s understandable, that’s what this town is about… but to those who may disagree with it, to those who might want to attack it. I would ask that they come up with their own five year plan.”
Senator DeMint echoed Lee and said that balancing the budget may require “letting things go” back to the state level.
“There are functions and departments at the federal level that need to be devolved to the states. Part of balancing the budget is restructuring and devolving federal functions back the states, local communities and people,” he said.
DeMint said he did not agree with “every particular thing in here,” but stressed the importance of balancing the budget.
http://cubachi.com/2011/03/18/sen-rand-paul-introduces-five-year-balanced-budget-plan-with-senators-lee-and-demint/
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