Friday, August 05, 2011

Please Sign "The One Cent Solution" Petition

One of the more meaningful and sensible and practical approaches to limiting the debt, which is even better than the Cut, Cap and Balance Plan rejected without discussion or consideration by Harry Reid's Democrat controlled Senate is Representative Connie Mack's Penny Plan. In the Senate Sen. Rand Paul and others have sponsored the bill in the Senate. It is too simple straightforward and meaningful for the establishment to deal with apparently. They chose the worthless, meaningless and pitiful Obama-Boehner-Reid-Mitchell Debt Increase Bill instead.

The Once Cent Solution

We are calling on Congress to adopt the One Percent Spending Reduction Act of 2011 (H.R. 1848/S. 1316) and reduce overall federal spending by 1% per year — one cent for every dollar it spends — for the next six years. By enacting this legislation, Congress can:
  • Balance the budget by 2019
  • Reduce federal spending by $7.5 trillion over 10 years
  • Reduce the debt by $3.4 trillion over 10 years
You can sign this petition and learn more about it here.

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