Friday, October 23, 2009

Phillips’ Bold Plan to Reign in Out of Control Spending




Federal spending is simply out of control. This year’s $3.5 trillion budget on top of the existing $11 trillion debt is jeopardizing our nation’s future. When in Congress, I will be proposing legislation to create a bi-partisan commission of business leaders designed to study federal spending and offer solutions for eliminating waste and inefficiency in the federal government. My plan is modeled upon President Ronald Reagan’s Grace Commission, which found that one-third of federal spending was wasteful and inefficient. It made recommendations to reduce this waste which were unfortunately never enacted upon. Imagine if a commission today had similar findings. One third of $3.5 trillion is over $1 trillion. These valuable taxpayer dollars could be put back into our communities, empowering entrepeneurs to create jobs and enabling families to build their future.

No comments:

Post a Comment