O-Trap;1049693 wrote:No, they need balanced as if they were a non-profit organization.
And just what has Romney proposed to do about balancing this budget? What plan has he offered?
That's a fair criticism, but a huge part of the budget balancing equation is raising government revenue via growing the economy. Romney wins hands down in that regard. One of the first steps would be getting Americans back to work, so the government wins by not only income tax revenue but not having to pay unemployment.
From Romney's website:
Cut Federal Spending
While getting the federal debt under control will be a long and arduous task, the first step toward recovery is admitting we have a problem and refusing to allow any more irresponsible borrowing. The good news is that many Americans have awoken to the problem. The rise of the Tea Party is a classic instance of the self-correcting forces of American democracy in action. One way or another, Washington will get the message that we must live within our means, spend only what we take in, and pay down our debt.
- Immediately cut non-security discretionary spending by 5 percent
- Reform and restructure Medicaid as block grant to states
- Align wages and benefits of government workers with market rates
- Reduce federal workforce by 10 percent via attrition
- Undertake fundamental restructuring of government programs and services
Cap and Balance the Federal Budget
We also must put controls in place to ensure that we never see a repeat of the explosive spending and borrowing of the past few years. As president, Mitt Romney will immediately move to cut spending and cap it at 20 percent of GDP. As spending comes under control, he will pursue further cuts that would allow caps to be set even lower so as to guarantee future fiscal stability. A Balanced Budget Amendment to the Constitution is also necessary to ensure that our nation embarks on a path of long-term fiscal discipline, and as president, Romney will introduce one in Congress and fight for its passage.
- Cap federal spending at 20 percent of GDP
- Pursue a Balanced Budget Amendment
Personally, I don't care if he has the greatest plan in the world, the assclowns in Congress need to change their ways. I trust that with the GOP controlling Congress and the Presidency, we can actually hold their feet to the fire and get some stuff done. I think I would wait for his VP nominee, which is fair in my opinion, to see if it's a budget expert or not. He needs his VP to be a foreign policy or federal budget expert, that much is obvious. Or, it'll be Marco Rubio.
Americans shouldn't get complacent with Romney's being elected, we all need to continue to clamor for reforms. For the record, I think Ron Paul would have an even tougher time (or maybe as tough of a time, but certainly no easier) balancing the budget because Congress simply won't go for what he stands for. They really won't.
On his increase in defense spending...part of me wonders if that's just to win primary votes. Sure, he could be in the pocket of defense contractors, but I really think he's smarter than that. Correct me if I'm wrong, but I don't think Romney has a history of being really pro-military in terms of spending. Hell, he looked rather silly talking about foreign policy in 2008's primaries.
But I would to see the Department of Defense seriously audited as much as anyone and I hope to see it happen.