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Ron Paul Issues Statement on Latest House GOP Budget Plan

“If Republicans really want to win in November, they will have to draw a clear distinction between themselves and Obama’s disastrous agenda”

LAKE JACKSON, Texas, Mar 20, 2012 (BUSINESS WIRE) -- Congressman and 2012 GOP Presidential candidate Ron Paul issued the following statement today regarding the latest budget proposal by the House Republican leadership. See comments below.

“Today, the House Republican leadership released a budget meant to be an alternative to President Obama's budget plan, which was filled with more debt, more deficits, and more taxing and spending. Unfortunately, the House Republican proposal doesn't go far enough to address the extreme fiscal problems we face as a nation.

“The House GOP’s budget proposal does not balance the budget until the year 2040, and it adds billions to our already exploding deficits. In fact, this budget doesn't actually 'cut' any spending. It only reduces assumed increases in spending - essentially playing the same game the Washington establishment has played for years with our hard-earned money.

“As Sen. Jim DeMint recently noted: “This idea that we have to look 30 years out to balance the budget is not only unnecessary, but it’s improbable. We cannot continue to spend at our current rate for 10 more years, much less 20 or 30 more years.”

“What is really disappointing is that the GOP budget assumes that the federal government should continue to do everything, or at least almost everything, it is currently doing. We will never have a balanced federal budget, low taxes, economic prosperity, and individual liberty unless Congress stops trying to run the world, run the economy, and run our lives.

“If Republicans really want to win in November, they will have to draw a clear distinction between themselves and Obama's disastrous agenda. And producing a budget that does not seriously address our nation's debt crisis will not distinguish them at all in the eyes of the American people.

“Americans are looking for serious solutions, not more of same. In order to reject the status quo, lawmakers in Congress must act boldly and decisively on fiscal matters by adopting measures like those found in my own 'Plan to Restore America.' My plan actually cuts $1 trillion in spending in one year, and it sets the stage for serious reforms in entitlements while preserving benefits for seniors and the dependent. My plan also eliminates five unconstitutional cabinet departments, including the departments of Education and Energy. Additionally, my plan reduces the corporate tax rate to 15 percent, makes permanent the Bush-era tax cuts, and ends taxes on individual savings and repatriated capital. And it would balance the budget in only three years.

“This is what a serious budget proposal looks like. Any proposal that doesn't cut real spending and adds to the deficit isn't one that will get us out of this mess and back on track.

“Of the five men seeking the office of President, I am the only one who has offered a serious plan with real cuts and a real path to economic prosperity.”

SOURCE: Ron Paul 2012 Presidential Campaign Committee

Ron Paul 2012 Presidential Campaign Committee
Gary Howard, 855-886-9779




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Ron Paul

THE VERY BEST

LOVE IT!

LOVE IT!

Ah

My hero continues to make me proud.

That's why I love this guy

Fearless. Doesn't matter who you are or whose "side" your on, rp will lace into you if your playing games with the people

Does Paul Ryan's plan END ALL FOREIGN AID?

I'm sorry, I didn't catch that.

I'm SURE it must END ALL FOREIGN AID.

Afterall, how could ANYONE call themself a conservative if they still GIVE OUT BILLIONS OF OUR MONEY to foreign countries.

Or am I wrong on that.

I'm scared to ask the GOP and the RNC IF I'M WRONG ON THAT.

"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul

"(...)doesn't balance the

"(...)doesn't balance the budget until the year 2040."

Come again?

The government has to enact a careful budgetary-policy. The policy of recent years strengthened economic volatility. An anti-cyclic budgetary policy, where in good years a surplus is created, prevents immediate cuts to spending in down-years. The basic assumption is that we structurally DON'T spend more money than we receive.

Guess where I got that from..? That's right: straight from the Dutch SOCIALIST Party (SP) running to the FAR RIGHT of your average Republican for some inexplicable reason. Next time they call Ron crazy, tell 'em that.

Bernanke has convinced Congress that he can print to infinity

The phrase, "the straw that broke the camel's back" is important to consider. Bernanke is still feverishly printing, now giving it to the ECB to buy up junk sovereign debt. He says he can print to infinity and not cause a Wiemar Republic like catastrophe because the USD is still the reserve currency.

Until it's not. He will print one dollar too many and commodity prices will explode. "Paper" money will probably actually continue to be useful. There won't be any FRNs in the banks or ATMs. The cash economy will rule, and all your direct deposits will become a one way deposit with no withdrawal possible.

Geez, I'm scaring myself... better go stuff my mattress with FRNs and buy some PMs.

Take back the GOP and Restore America Now.

It's only 'possible' because

It's only 'possible' because world currencies are backed by the dollar. That's something Bernanke doesn't control, but if they keep this up, countries are going to turn away from the dollar more and more. Right now they're operating on the assumption that's not gonna happen.

And I hope he's prepared to print money for Spain and Portugal too, by all accounts they're next in line.

"To infinity and beyond" - Ben Lightyear

.

in a nutshell

The paragraph beginning, "Americans are looking" sets Ron Paul apart from the other 4 candidates. It's a good model for arguing the case for his election without getting into monetary policy and explaining how the Federal Reserve works. Voters can understand this.

LOUD AND CLEAR, DR. PAUL! WE

LOUD AND CLEAR, DR. PAUL! WE HEAR YOU!

Try searching for the word "defense"

Try searching for the word "defense" in the main stream media articles about the GOP budget released today.

We all want progress, but if you're on the wrong road, progress means doing an about-turn and walking back to the right road; in that case, the man who turns back soonest is the most progressive.

-C. S. Lewis

Big bump

Thanks.
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