Grover Norquist Outlines Recommendations to the Obama Debt Commission
From Jeremy Weltmer on Tuesday, July 27, 2010 1:21 PM
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On June 30, 2010, Grover G. Norquist testified before the National Commission on Fiscal Responsibility and Reform as the President of Americans for Tax Reform. He outlined both the reasons why the present debt crisis comes from an overspending problem, not from deficits, why tax rates should not be raised, and several ways to cut spending and foster growth.
Below is his testimony with links to ATR’s proposed solutions:
Why the Problem Is Not Deficits—It Is Spending
Reasons Not to Raise Taxes
Growth: The Only Way to Raise Tax Revenues Over Time
Ideas to Reduce Spending
1. Resurrect the “Byrd Committee.”
2. Give the public five days to read bills before a floor vote.
3. Put every federal transaction and contract online in real time.
4. Term limit appropriators.
5. Sitting Congressmen and Senators should not be able to name buildings or other monuments to themselves, and none should be named for them while they are still living.
6. Block grant education funding and welfare to the states.
7. Freeze the salary and benefit levels of federal employees.
8. Require all eligible federal employees to compete for their job with a private sector bidder.
9. Only hire one new federal employee for every two that retire from government employment.
10. Repeal the Davis-Bacon Act.
11. Reform farm subsidies along the lines of the 1996 “Freedom to Farm” Act.
12. Leave defense cuts on the table.
13. Stop using “emergency” spending loopholes to get around budget rules.
14. Freeze discretionary spending at 2007 levels.
15. Don't Bail Out the Post Office Pension Plan
Ideas to Increase Federal Revenues by Increasing Economic Growth
1. Increase legal immigration.
2. Enact worldwide free trade.
3. Replace tax “depreciation” with full business expensing.
4. Cut marginal tax rates.
5. Make all expiring tax cuts permanent.
6. Move from worldwide to territorial taxation of overseas income.
7. Congress should stay home.
8. Don’t import Europe’s labor laws.
9. Inventory and sell all non-essential government assets.
10. The Federal Communications Commission (FCC) should halt its misnamed “Net Neutrality” proceeding
Read more:
http://www.atr.org/grover-norquist-outlines-recommendations-obama-debt-a5252##ixzz0wOhbtX2mThe Obama Debt Commission had this wingnut testify and make recommendations. Jane Hamsher is a liberal blooger, Barack Obama is the President.