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News Link • Politics: Republican Campaigns

Cutting the Federal Budget to "Restore America"

• Free Patriot Press
Republican Presidential hopeful Ron Paul recently unveiled his “Plan To Restore America.” The 11 page plan includes his proposed budget that among other things; cuts $1 trillion in spending during the first year, eliminates five cabinet departments (Energy, HUD, Commerce, Interior, and Education), abolishes the Transportation Security Administration and returns responsibility for security to private property owners, abolishes corporate subsidies, stops foreign aid, ends foreign wars, and returns most other spending to 2006 levels ($2.7 trillion). Paul's proposed spending cuts also include a “10% reduction in the federal workforce, slashes Congressional pay and perks, and curbs excessive federal travel.” If elected, “President Paul will take a salary of $39,336, approximately equal to the median personal income of the American worker.” Paul's plan also, “[l]owers the corporate tax rate to 15%, making America competitive in the global market. Allows American companies to repatriate

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