A serious budget with some serious cuts. It would reduce the size of governmentk put power back into the hands of states, and balance the federal budget in five years. CNS News:
Senators Rand Paul (R-Ky.), Mike Lee (R.-Utah) and Jim DeMint (R.-S.C.) introduced a budget plan on Thursday that would balance the budget in five years and pay down $2 trillion of the national debt in 10 years.
The plan includes spending cuts, entitlement reforms and tax reforms.
Paul said that the “Platform to Revitalize America” is the only plan consistent with the balanced budget amendment Republican advanced in the U.S. Senate because that amendment requires that Congress balance the budget in five years.
The plan eliminates the Department of Commerce, the Department of Education, Department of Housing and Urban Development and the Department of Energy.
“By eliminating departments we don’t have to make as significant of cuts in other areas,” Paul said.
“So entitlement reform could be more gradual because we eliminate some departments that we think should be done by the states and the localities,” he continued.
Other comprehensive steps to scale back the size of the federal government include selling off excess federal properties and land and defunding duplicative agencies.