Ron Paul's Budget Plan

							E X EC U TI V E SUMMARY                                                                      RONPAUL2012.COM



                 RON PAUL “PLAN TO RESTORE AMERICA”

SYNOPSIS:                                                    CUTTING GOVERNMENT WASTE:
    America is the greatest nation in human history.             Makes a 10% reduction in the federal workforce,
Our respect for individual liberty, free markets, and        slashes Congressional pay and perks, and curbs
limited constitutional government produced the               excessive federal travel. To stand with the American
strongest, most prosperous country in the world. But,        People, President Paul will take a salary of $39,336,
we have dri ed far from our founding principles, and         approximately equal to the median personal income of
America is in crisis.                                        the American worker.
     Ron Paul’s “Restore America” plan slams on the
brakes and puts America on a return to constitutional        TAXES:
government. It is bold but achievable. rough the bully           Lowers the corporate tax rate to 15%, making
pulpit of the presidency, the power of the Veto, and,        America competitive in the global market. Allows
most importantly, the united voice of freedom-loving         American companies to repatriate capital without
Americans, we can implement fundamental reforms.             additional taxation, spurring trillions in new
                                                             investment. Extends all Bush tax cuts. Abolishes the
DELIVERS A TRUE BALANCED BUDGET
                                                             Death Tax. Ends taxes on personal savings, allowing
IN YEAR THREE OF DR. PAUL’S PRESIDENCY:                      families to build a nest egg.
     Ron Paul is the ONLY candidate who doesn’t just
talk about balancing the budget, but who has a full plan     REGULATION:
to get it done.                                                  Repeals ObamaCare, Dodd-Frank, and Sarbanes-
                                                             Oxley. Mandates REINS-style requirements for
SPENDING:
    Cuts $1 trillion in spending during the rst year         thorough congressional review and authorization
of Ron Paul’s presidency, eliminating ve cabinet             before implementing any new regulations issued by
departments (Energy, HUD, Commerce, Interior, and            bureaucrats. President Paul will also cancel all onerous
Education), abolishing the Transportation Security           regulations previously issued by Executive Order.
Administration and returning responsibility for security
to private property owners, abolishing corporate
                                                             MONETARY POLICY:
subsidies, stopping foreign aid, ending foreign wars, and        Conducts a full audit of the Federal Reserve
returning most other spending to 2006 levels.                and implements competing currency legislation to
                                                             strengthen the dollar and stabilize in ation.
ENTITLEMENTS:
     Honors our promise to our seniors and veterans,         CONCLUSION:
while allowing young workers to opt out. Block grants            Dr. Paul is the only candidate with a plan to cut
Medicaid and other welfare programs to allow States          spending and truly balance the budget. is is the only
the exibility and ingenuity they need to solve their         plan that will deliver what America needs in these
own unique problems without harming those currently          di cult times: Major regulatory relief, large spending
relying on the programs.                                     cuts, sound monetary policy, and a balanced budget.




                            PAID FOR BY RON PAUL 2012 PRESIDENTIAL CAMPAIGN COMMITTEE INC.
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