Facts and Summary
The President and his party’s leaders refuse to take action in the face of the most predictable economic crisis in our nation’s history. The President’s budget calls for more spending and more debt, while Senate Democrats – for over 1,000 days – have refused to pass a budget. This unserious approach to budgeting has serious consequences for American families, seniors, and the next generation.
House Republicans refuse to ignore our generation’s greatest domestic challenge: reforming and modernizing government to prevent an explosion of debt from crippling our nation and robbing our children of their future. We’re advancing a budget that builds upon a bipartisan consensus for principled solutions: real spending discipline and restored economic freedom; patient-centered health care reform; and pro-growth tax reform. The House Republican budget – The Path to Prosperity – offers a clear choice of two futures. We’re putting our trust in the American people to choose a brighter future for generations to come.
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For years, both political parties have made empty promises to the American people. Unfortunately, the President refuses to take responsibility for avoiding the debt-fueled crisis before us. Instead, his policies have put us on the path to debt and decline.
We reject the broken politics of the past. The American people deserve real solutions and honest leadership. That’s what we’re delivering with our budget, The Path to Prosperity. House Republicans are advancing a plan of action for American renewal.
Our budget:
Cuts government spending to protect hardworking taxpayers;
Tackles the drivers of our debt, so our troops don’t pay the price for Washington’s failure to take action;
Restores economic freedom and ensures a level playing field for all by putting an end to special-interest favoritism and corporate welfare;
Reverses the President’s policies that drive up gas prices, and instead promotes an all-of the-above strategy for unlocking American energy production to help lower costs, create jobs, and reduce dependence on foreign oil.
Strengthens health and retirement security by taking power away from government bureaucrats and empowering patients instead with control over their own care;
Reforms our broken tax code to spur job creation and economic opportunity by lowering rates, closing loopholes, and putting hardworking taxpayers ahead of special interests.
At its core, this plan of action is about putting an end to empty promises from a bankrupt government and restoring the fundamental American promise: ensuring our children have more opportunity and inherit a stronger America than our parents gave us.
Link to the Full Document “The Path to Prosperity
http://budget.house.gov/uploadedfiles/pathtoprosperity2013.pdf
http://www.theatlantic.com/business/archive/2012/08/mitt-romney-would-pay-082-percent-in-taxes-under-paul-ryans-plan/261027/
Interesting analysis. One must point out that the .82% still amounted to $177k which is $177k more than all of the combined income taxes paid than half of the entire population of the United States. So just to play the devil’s advocate in the name of fairness I will pose the following question.
“Is it FAIR for any one person of any income level to pay more in income and payroll taxes than the combined total of these taxes paid by 155 Million people”?
Of course full adoption of the plan will need to pass both houses of congress which I doubt would happen.
If there were one provision that either President Obama or Romney could assure it should be that EVERYONE HAS TO PAY SOME TAXES. If we are all in this together then we should all invest together.
Im still gonna vote HELL NO to the quite possibly illegal and rigged city/county merger
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