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<blockquote data-quote="wkmac" data-source="post: 1032622" data-attributes="member: 2189">I know they&#039;ve said they have a plan but what specifically do you see as the means to which they will achieve success?&nbsp; What specific changes in gov&#039;t do you see that will as they say, stop the bleeding?&nbsp; As for <a href="https://web.archive.org/web/20121025033427/http://www.mittromney.com/issues/spending" target="_blank">&quot;Mitt&#039;s Plan&quot;</a>&nbsp; I have seen and read it.&nbsp; Mitt in his plan sez the following:I&#039;d agree with spending at the historical average is good because at the same time economist Paul Craig Roberts and father of what is called Reaganomics has shown that when both spending and taxing is around the historic GDP average, the economy does very well.&nbsp; So Romney is smart to target that part of the equation.&nbsp; And as noted in item 2 above, this concurs with Roberts&#039; study on the subject.&nbsp; Now he notes this requires spending cuts of $500 billion per year so let&#039;s consider his spending cut proposals.Here&#039;s the specifics:Repeal ObamaCare&nbsp; $95 billion savedPrivatize AmTrak&nbsp;&nbsp; $1.6 billion savedReduce Subsidies to NEA, NEH, CPB, LSC&nbsp; $600 million savedEliminate Family Planning&nbsp; $300 million savedReduce Foreign Aid&nbsp; $100 million savedEmpower States to Innovate&nbsp; $100 billion savedReduce Waste and Fraud&nbsp; $60 billion savedAlign Federal Employee Pay with Private Sector&nbsp; $47 billion savedRepeal Davis Bacon Act&nbsp; $11 billion savedReduce the Federal Workforce by 10%&nbsp; $4 billion savedTotal Savings&nbsp; &nbsp; $320 billionMitt&#039;s plan is already $180 billion short of target on the spending side but more important how will all this just get us to a zero deficit budget?&nbsp;&nbsp; Or is this nothing more than another exercise in that all Romney is telling the American public is that &quot;I realize you&#039;ve driven over a cliff and are plunging at an ever greater speed to the bottom but I&#039;ll get you an umbrella!&quot;&nbsp; Ah look, the nice man is here to help!So again, what in Romney&#039;s plan is going to get us too an economic budget that balances with no deficit and requires no further borrowing to fund gov&#039;t operations?&nbsp; Looking forward to hearing your specific reply on this matter.As for Obama&#039;s budget, I never posed that question.&nbsp; We are talking about Romney.&nbsp; If I have questions about Obama&#039;s budget, I will ask an Obama supporter so let&#039;s stay on point and consider Romney instead.&nbsp; Appreciate the help on this matter.</blockquote>

[QUOTE="wkmac, post: 1032622, member: 2189"] I know they've said they have a plan but what specifically do you see as the means to which they will achieve success? What specific changes in gov't do you see that will as they say, stop the bleeding? As for [URL='https://web.archive.org/web/20121025033427/http://www.mittromney.com/issues/spending'][COLOR=#ff0000]"Mitt's Plan"[/COLOR][/URL] I have seen and read it. Mitt in his plan sez the following: I'd agree with spending at the historical average is good because at the same time economist Paul Craig Roberts and father of what is called Reaganomics has shown that when both spending and taxing is around the historic GDP average, the economy does very well. So Romney is smart to target that part of the equation. And as noted in item 2 above, this concurs with Roberts' study on the subject. Now he notes this requires spending cuts of $500 billion per year so let's consider his spending cut proposals. Here's the specifics: Repeal ObamaCare $95 billion saved Privatize AmTrak $1.6 billion saved Reduce Subsidies to NEA, NEH, CPB, LSC $600 million saved Eliminate Family Planning $300 million saved Reduce Foreign Aid $100 million saved Empower States to Innovate $100 billion saved Reduce Waste and Fraud $60 billion saved Align Federal Employee Pay with Private Sector $47 billion saved Repeal Davis Bacon Act $11 billion saved Reduce the Federal Workforce by 10% $4 billion saved Total Savings $320 billion Mitt's plan is already $180 billion short of target on the spending side but more important how will all this just get us to a zero deficit budget? Or is this nothing more than another exercise in that all Romney is telling the American public is that "I realize you've driven over a cliff and are plunging at an ever greater speed to the bottom but I'll get you an umbrella!" Ah look, the nice man is here to help! So again, what in Romney's plan is going to get us too an economic budget that balances with no deficit and requires no further borrowing to fund gov't operations? Looking forward to hearing your specific reply on this matter. As for Obama's budget, I never posed that question. We are talking about Romney. If I have questions about Obama's budget, I will ask an Obama supporter so let's stay on point and consider Romney instead. Appreciate the help on this matter. [/QUOTE]

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