1. Presidential Nominee Gary JohnsonOn how to reduce spending
and bring down the deficit
2. THE U.S. IS BORROWING OR PRINTING MORE than 40 cents of every
dollar the government spends today. The math is simple: Federal
spending must be cut not by millions or billions, but by trillions.
And it must be done today. 3. Submit a Balanced Budget toCongress,
not five or ten years downthe road. End excessive spending,
bloatedstimulus programs, unnecessaryfarm subsidies, and earmarks.
Reassess the role of the federalgovernment and
identifyresponsibilities that can be metmore efficiently by the
privatesector. Recognize that you cant havelimited government at
home, butbig government abroad. 4. MOST PEOPLE IN WASHINGTON SEEM
TO THINK that we can control spending and balance the budget
without reforming Medicare, Medicaid and Social Security. This is
lunacy! 5. Identify and implementcommon-sense cost savings toplace
Medicare on a path towardlong-term solvency. Block grant Medicare
andMedicaid funds to thestates, allowing them toinnovate, find
efficiencies andprovide better service at lowercost. Fix Social
Security by changingthe escalator from being basedon wage growth to
inflation. Itstime for Social Security to reflecttodays realities
withoutbreaking trust with retirees. 6. THE FEDERAL RESERVE SHOULD
BE TRANSPARENT and its actions held to the same level of scrutiny
as any other federal department. The American people deserve to
know the extent to which the Fed has purchased private assets at
home and abroad. 7. The role and the activities of theFederal
Reserve are long overdue forexamination, reassessment,
andultimately, thoughtful reform. Can the Federal Reserve pursue
bothstable prices and full employment, ordoes its currency
manipulation causemalinvestment, inflation, andprolonged
unemployment? Conduct an audit to provide truetransparency of the
Federal Reserveslending practices. Establish clear
Congressionaloversight. Get the Federal Reserve out of thebusiness
of printing money andbuying debt through quantitativeeasing.
