Ron Paul's Economic Stimulus Plan



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Topic: Politics > Politics-USA
User: "George Dance"
Date: 24 Jan 2008 01:39:42 PM
Object: Ron Paul's Economic Stimulus Plan
Ron Paul Unveils a Real Economic Stimulus Plan
Published 01/24/2008 - 1:17 p.m. GMT
(PressMediaWire) ARLINGTON, VIRGINIA -Republican presidential
candidate Ron Paul has unveiled a comprehensive economic
revitalization package. The four-pronged plan is designed to stem
the current economic slide and address the unsound governmental
policies that are harming Americans' pocketbooks.
"Real economic reform must address the underlying reasons for the
current economic malaise," said Ron Paul. "This plan is more than
just a band-aid for our economy; it fundamentally reforms four areas
where government policies are damaging our national economy. When
enacted, my plan will provide both short-term stimulus, and lay the
groundwork for long-term prosperity."
The comprehensive economic revitalization plan is available online at:
http://www.RonPaul2008.com/Prosperity
The four areas that the plan covers are:
Tax Reform - Reduce the tax burden and eliminate taxes that punish
investment and savings, including job-killing corporate taxes.
Spending Reform - Eliminate wasteful spending. Reduce overseas
commitments. Freeze all non-defense, non-entitlement spending at
current levels.
Monetary Policy Reform - Expand openness with the Federal Reserve and
require the Fed to televise its meetings. Return value to our money.
Regulatory Reform - Repeal Sarbanes/Oxley regulations that push
companies to seek capital outside of US markets. Stop restricting
community banks from fostering local economic growth. Congressman Paul
has written or co-sponsored numerous bills to enact the policies in
his plan. In Congress, he has been a champion of lower taxes and
limited government.
Congressman Paul is the ranking member on the House Financial Services
Committee's Subcommittee on Domestic and International Monetary
Policy, Trade, and Technology. In Congress, Dr. Paul has never voted
for a tax increase or for an unbalanced budget.
http://pressmediawire.com/article.cfm?articleID=4972
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