rssNewt’s Big Ideas
Monday, February 23, 2009 at 3:52 pm
- 5 Comments
As long as Republicans are citing (and regularly talking to) former GOP House Speaker Newt Gingrich as the role model for their comeback, it’s worth scanning the endless river of proposals and “American Solutions” that come out of his office. The latest batch:
• Abolishing the capital gains tax and the estate tax.
• Cutting the corporate income tax from 35 percent to 12.5 percent.
• A temporary, 50 percent payroll tax cut.
• A tax credit for “responsible home buyers,” as opposed to the reckless ones aided by Barack Obama’s plans.
In addition, Gingrich proposes new energy exploration, a “new, expanded electric power grid and a 21st century air traffic control system.” The only spending cut I see is “eliminating Congressional earmarks,” and without doing the math I can already say that this package would absolutely explode the deficit.
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5 Comments
Comment posted February 23, 2009 @ 2:36 pm
What is it about the words “DOES NOT WORk” do these republican (small r = small brain) supply-side dummies don't understand?? heeeee heeeee talk about beatin a dead horse………or worse………a dead D actor ! !
Pingback posted February 23, 2009 @ 4:44 pm
[...] David Weigel var varsarray=[]; varsarray[0]=’10649′; if(!token) {var token=’0′} else {var [...]
Comment posted February 24, 2009 @ 1:35 pm
Mr. Weigel,
Having passed welfare reform and balanced the budget for four years and paid off $405 billion in federal debt, Speaker Gingrich's credentials on fiscal discipline are matched by very few.
A key part of balancing the budget in the 90s was maintaining vigorous economic growth. The 12 American Solutions for Jobs and Prosperity are essential to that end. Still, more must be done.
At American Solutions and the Center for Health Transformation, we are confident we can find big ways to balance the federal budget. For instance, the Center is working on anti-fraud efforts worth at least $100 billion a year. American Solutions will release a path to a balanced budget later on this summer.
Joseph DeSantis
Communications Director
Gingrich Communications
Comment posted February 24, 2009 @ 9:35 pm
Mr. Weigel,
Having passed welfare reform and balanced the budget for four years and paid off $405 billion in federal debt, Speaker Gingrich's credentials on fiscal discipline are matched by very few.
A key part of balancing the budget in the 90s was maintaining vigorous economic growth. The 12 American Solutions for Jobs and Prosperity are essential to that end. Still, more must be done.
At American Solutions and the Center for Health Transformation, we are confident we can find big ways to balance the federal budget. For instance, the Center is working on anti-fraud efforts worth at least $100 billion a year. American Solutions will release a path to a balanced budget later on this summer.
Joseph DeSantis
Communications Director
Gingrich Communications
Pingback posted April 2, 2011 @ 9:00 pm
[...] a flip-flopper (he changes his views politically, not pragmatically). Speaker Gingrich makes policy suggestions that surpass audacity onto borderline-stupidity. Bachmann and Palin should not bother running. [...]
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