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National Tax Payer's Union Study Says Ron Paul Only Candidate
Who Would Cut Spending
Every other candidate would increase federal budget
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One of the largest tax payer's unions in the country has produced
a detailed report concluding that only one remaining presidential
candidate would actually cut government spending - Ron Paul.
The
NTU report finds that all other candidates would
in fact INCREASE the federal budget by billions.
The NTU is renowned for its work to enact constitutional
limits on government taxes, spending and debt. The union has helped
to establish "Taxpayer
Bill of Rights" laws in order to safeguard against
IRS abuses.
The NTU, like Ron Paul, is against the national income tax and
proposes either a flat tax or the FairTax (a national sales tax
with rebate) in its place.
Taking the most conservative cost estimates of federal
outlays from a variety of sources, including over 450 of the candidates'
own proposals, the NTU finds:
"The four respective frontrunners in the two
parties (John McCain, Mitt Romney, Hillary Clinton, and Barack
Obama), proposed overall fiscal policy agendas whose net effect
would raise annual federal outlays between $6.9 billion and $287.0
billion."
(Article continues below)
Meanwhile, Ron Paul has proposed spending cuts that
more than offset new spending plans. The most conservative figures
show that the Congressman would cut spending by a whopping $150.1
billion.
“It should come as no surprise that when you
crunch the numbers Ron Paul is the only Republican who would actually
shrink the size and cost of the federal government,” commented
Ron Paul campaign economic advisor Don Luskin. “Romney,
McCain and Huckabee don’t hold a candle to Ron Paul –
the only true fiscal conservative running for President.”
Ron Paul voted against the "economic stimulus
package" that passed the House 385-35 Tuesday.
The Congressman stressed that he is in favor of
taxpayers getting some of their money back, but added “temporary
tax cuts and one-time rebates will not ‘fix’ the economy....
Sending out checks and cutting interest rates yet again is merely
a shot in the arm when in actuality, the economy needs major surgery.”
Paul has pointed out that a weak dollar cannot be
fixed by printing more dollars and a credit crunch will not be
fixed by creating more credit. He has unveiled
his own stimulus plan based on reforming taxes, cutting
spending, improving monetary policy and eliminating burdensome
regulations.
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