Duffy outlines fiscal responsibility plan - WAOW - Newsline 9, Wausau News, Weather, Sports

Duffy outlines fiscal responsibility plan

Sean Duffy surrounded by children from the Wausau area Sean Duffy surrounded by children from the Wausau area

by Bryon Graff

WAUSAU (WAOW) - 7th Congressional candidate Sean Duffy lays out his plan for government spending basing it on his own family.

In tribute to his six children, he outlines a plan that calls for six steps to a Fiscally Responsible Future.

To illustrate a point, he says children are already born into the national debt at $23,000.

Duffy: "It's really these kids' future that we're sacrificing with this $13.3 trillion dollar debt. And a lot of people don't understand these massive numbers but when you break it down and say each one of these kids has $43,000 in national debt, that's powerful. And it's got to stop."

Other points in Duffy's plan call for a freeze on government spending.. canceling unspent stimulus money and ending all bailouts.

Duffy will tour the 7th district in the next few days to outline his plan.

He faces Dan Mielke in the Republican primary for the 7th congressional seat.

Online Reporter: Bryon Graff

Duffy's six step plan provided by Duffy for Congress.

SEAN'S INITIAL SIX STEPS INCLUDE:

 Step 1: Freeze government spending at the 2008 levels.
*** Since 2008, non-defense discretionary spending has risen 84 percent. Returning non-defense discretionary spending to 2008 levels would save up to $925 billion.
 

Step 2: Cancel unspent stimulus and TARP funds and use them to help reduce the deficit.
*** The nonpartisan Congressional Budget Office estimates canceling TARP funds would save $16 billion. Rescinding all unobligated stimulus funds would save up to $266 billion.

Step 3: Commit to passing a budget every year.
*** We can't successfully get our government house in order if a budget isn't created as a starting point.

Step 4: End all bailouts.
*** Bailouts are only providing more uncertainty, not the stability we need. Furthermore, like the stimulus funds, bailout money is primarily going to government jobs. Less than 1 percent of stimulus funds went to small businesses.
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Step 5: Put a DNR (do not resuscitate) designation on the Cap-and-Trade Bill.
***The Obama Administration already admitted that this bill could cost American
families up to $1,700 a year with higher electric bills and more expensive products.

Step 6: Stop the Democrats tax increases coming in January 2011 to encourage job growth.
*** Democrats are planning to increase taxes by $3.8 trillion in 2011 by charging higher rates, bringing back the marriage penalty, cutting the child tax credit in half, increasing the Alternative Minimum Tax and increasing the Death Tax to 55 percent. The Congressional Budget Office reports that a full repeal of the Death Tax could create 1.5 million jobs and increase small business investment capital by more than $1.6 trillion each year.

Sean is bringing his Six Reasons for a Fiscally Responsible Future tour to cities throughout northern and central Wisconsin over the coming days.

 

 
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