2. THE U.S. IS BORROWING OR PRINTING MORE
than 40 cents of every dollar the government
spends today.
The math is simple: Federal spending must be cut
not by millions or billions, but by trillions. And it
must be done today.
3. Submit a Balanced Budget to
Congress, not five or ten years down
the road.
End excessive spending, bloated
stimulus programs, unnecessary
farm subsidies, and earmarks.
Reassess the role of the federal
government and identify
responsibilities that can be met
more efficiently by the private
sector.
Recognize that you can't have
limited government at home, but
big government abroad.
4. MOST PEOPLE IN WASHINGTON SEEM TO
THINK that we can control spending and balance
the budget without reforming Medicare, Medicaid
and Social Security.
This is lunacy!
5. Identify and implement
common-sense cost savings to
place Medicare on a path toward
long-term solvency.
Block grant Medicare and
Medicaid funds to the
states, allowing them to
innovate, find efficiencies and
provide better service at lower
cost.
Fix Social Security by changing
the escalator from being based
on wage growth to inflation. It's
time for Social Security to reflect
today's realities without
breaking trust with retirees.
6. THE FEDERAL RESERVE SHOULD BE
TRANSPARENT and its actions held to the same
level of scrutiny as any other federal department.
The American people deserve to know the extent
to which the Fed has purchased private assets at
home and abroad.
7. The role and the activities of the
Federal Reserve are long overdue for
examination, reassessment, and
ultimately, thoughtful reform.
Can the Federal Reserve pursue both
stable prices and full employment, or
does its currency manipulation cause
malinvestment, inflation, and
prolonged unemployment?
Conduct an audit to provide true
transparency of the Federal Reserve's
lending practices.
Establish clear Congressional
oversight.
Get the Federal Reserve out of the
business of printing money and
buying debt through quantitative
easing.
