Originally posted by: dirtboy
So he's going to create a larger deficit by giving away more money we don't have. I'm sure all the anti-Bushies will be up in arms when they find out their candidate is just going to make things worse.
Uggh. Everyone on this board needs a serious education in how to look up info on a website:
(5) RESTORE FISCAL DISCIPLINE: By borrowing from future generations to give tax relief to those who need help the least, George W. Bush?s economic policies have, for the first time in history, forced the federal government to spend $1 billion more EACH DAY than it takes in. President Bush?s exploding deficits are destroying the solvency of Social Security and Medicare and he has placed the enormous burden of saving these programs on the shoulders of our children and grandchildren. John Kerry believes that we need a smaller and smarter government that wastes less money. John Kerry?s plan will:
Balance the Budget
* Cut the Deficit in Half: John Kerry is committed to balancing the budget. He has put forward a sensible plan that will at least cut the deficit in half in his first term, while investing in economic growth and investing in workers.
* A Balanced Budget Summit: The best way to get to a balanced budget is not in partisan bickering, but in bipartisan cooperation. As President, John Kerry will call a Balanced Budget Summit that will require all sides to work together to make at least temporary sacrifices -- even in their top priorities -- as part of a concerted effort to restore fiscal discipline and fight for our future.
* End Special Tax Breaks: To restore fiscal discipline and strengthen our economy, Kerry will repeal Bush?s special tax breaks for Americans who make more than $200,000.
* Cut Excesses in Government: One of the Bush Administrations well-kept secrets is that under his watch the size of government has actually gotten bigger ? not smaller. John Kerry will reduce the size of the Federal government by: bringing spending down to the level of GDP it was under Clinton, requiring federal agencies to submit annual plans to reduce energy costs by 20 percent by 2020; cut the Federal government?s administrative costs by five percent; cut the number of political appointees and ban providing bonuses for political appointees; cut fraud and abuse in government programs ? fraud and abuse is estimated to cost $12 billion in Medicare alone and end rules that prevent the Federal government from having the same purchasing authority as the private sector.
Reign in Out of Control Spending
* Restore Budget Rules to Stop Runaway Spending. John Kerry believes we need to reverse the new budget rules Republicans in Congress have established that make it easier to spend into deficits with fewer votes. He will also review and reassess all discretionary spending programs to determine their effectiveness and whether they should continue to be funded.
* Implement the McCain-Kerry Commission on Corporate Welfare. Powerful special interest groups make it hard to cut special tax loopholes and pork barrel spending projects. John Kerry supports a Commission that would recommend cuts and require Congress to vote on all recommendations, so no single special interest could fight for pet projects.
* Pass a Constitutional Line-Item Veto to Reduce Corporate Welfare and Excessive Spending. Under Kerry?s plan, the President would identify wasteful spending items in the budget and submit the list to Congress to vote on in an up-or-down fashion ? saving billions of dollars.
Took me a whopping 5 seconds to find that...
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