REALITY PARTY 2016 - Fiscal Responsibility
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REALITY PARTY 2016 - Fiscal Responsibility

Fiscal Responsibility -The Reality Party supports smaller Federal Government under 18% of GDP, supports eliminating Deficit Spending by Federal Government, supports reducing the National Debt each year until it’s eliminated, supports Lower Taxes to lighten the burden on Americans, and supports a Strong Dollar policy to protect Wealth and Value in America First. The Reality supports a Balanced Budget Amendment for America.
 
·         Promote and Pass a Balanced Budget in Year One using 95% of Prior Years Spending as Target
·         Repeat this Process for Four Years, until Government Spending is maximum 18% of GDP
·         Promote and Pass a Balanced-Budget Amendment for Years moving forward
·         Downsize the Spending & Scope of Federal Government critical in attaining 18% maximum of GDP Goal
·         Consolidate the Number of Departments/Cabinet Offices from 16 to 8:
             o    Combine Labor, Commerce, HUD, Transportation-       Dept of Domestic Commerce
             o    Combine Defense, Veteran Affairs-                                  Dept of Defense & Military Affairs
             o    Combine Interior, Agriculture, Energy                             Dept of National Land & Resource
             o    Reduce Dept of Education to Advisory Panel                 (Block Grants to States)
             o    Reduce EPA to Advisory Panel                                          States Empowered to choose/decide
             o    State, DOJ, Treasury, Health & Human Services, Homeland Security remain
·         Use any & all Surplus from Pro-Growth Tax Revenues to Pay Down National Debt
·         Audit the Fed, Create and Publicize the Exit Strategy/Timeframe to Reduce their $4 Trillion Balance Sheet
·         Regain Triple A Rating for US internationally, and maintain
·         Promote and Protect a Stable/Strong Dollar Program to Protect American Wealth
            o    Helps Foreign Nations who use US Dollar as Reserve Currency
·         Revisit Simpson/Bowles, Use it as Framework for National Debt Reform Package Dialogue
·         All Mergers will be treated as “mutual acquisitions” to eliminate the Tax Benefit of this category
·         All Foreign Corporations will pay a 10% Purchase Tax for any Takeover of an American based Company
·         Eliminate Pensions for ALL Federal Government & Agency Positions
            o    Replace with a 401K & 5% Government match
·         Enact “Right to Work” Freedoms for all Federal Employees
·         Reduce Taxes to Stimulate GDP Growth
           o    Higher Tax base & Reduced Scope of Federal Government creates Surplus for Debt Reduction
·         Raise the National Debt ceiling one-time to an agreed-upon level(account for monies already spent
           o    Fix the revenue/spending ratio to prevent any breach of that
           o    Establish hard cuts (austerity plan) if that “real ceiling” is breached
·         Mandate PAY-GO(Pay As You GO) for All Legislation & Executive Orders
·         Reform Entitlements to make and keep them Financially-viable in a long term “Fair & Disciplined” way
·         Social Security- Tiered program, Uncap SS contribution, Asset Screen Qualifier, “Need” based- not “Want”
·         SS Disability- Independently review all SS Disability claims post-2000
           o    Mandate Independent Yearly Doctor Evaluation (Independently Certified and Rotated Randomly)
·         Combine Medicare & Medicaid to eliminate waste of redundancy, revamp Patient care & cost burden
·         Welfare-to-Workfare reinstituted
·         Re-evaluate the Current Status of ALL Entitlements, Costs, and ability to Self-Finance
           o    Post Publicly for Transparency, Reduce & Reform all for cost efficiency- critical needs
 
 

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