Cutting Government Spending in Half

Reducing federal spending will require a combination of privatizing industries like Fannie Mae, Freddie Mac and the US Postal Service, returning unconstitutional functions to the States like Education, Labor, EPA, HUD, Federal Lands and Transportation, capital investments to automate and modernize government systems and returning Healthcare to the private sector. Government employee pension plans need to be terminated and balances transferred to 401k Plans, so that employees can direct the investment of their retirement funds. 

The federal government also needs to eliminate subsidies, and grants. This includes Grants to States that include education, transportation non-profits and all other giveaways.

Healthcare and Education need to be returned to the private sector so that consumers can control the prices. This could take several years of 10% reductions in government subsidies to these industries to give these industries a chance to transition to become less costly.

Eliminating all welfare and public school rights to all immigrants will save $384 billion a year and should be done immediately to reverse the importation of poverty to the US. All immigrants need to be self-supporting.

All government surpluses need to be used to pay down debt, so that government at all levels eliminates their need to borrow. The federal government needs to pay down its debt from $21 trillion to $5 trillion. Then it can use surpluses to pay out remaining Social Security recipients and transform social security from a Ponzi scheme to individually owned and directed retirement accounts.

States need to reduce their subsidies to education and healthcare and Health and Human Services transferred to the States. States also need to stop selling Bonds to save in interest expense.

Norb Leahy, Dunwoody GA Tea Party Leader