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SENATOR RAND PAUL: A CLEAR VISION TO REVITALIZE AMERICA (UPDATED FY2014)

SENATOR RAND PAUL: A CLEAR VISION TO REVITALIZE AMERICA (UPDATED FY2014)

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Published by Senator Rand Paul
Sen. Paul's Budget for FY2014: A Clear Vision to Revitalize America
Sen. Paul's Budget for FY2014: A Clear Vision to Revitalize America

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Published by: Senator Rand Paul on Mar 26, 2013
Copyright:Attribution Non-commercial

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04/04/2015

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By Senator Rand Paul
Fiscal Year 2014 Budget of the United States Government
A Clear Vision to Revitalize America
 
 
 2 Fiscal Year 2014 Budget
Table of Contents
Staff Contact: John Gray
 
  A Clear Vision to Revitalize America 3
Budget Accomplishments
 
Balanced Budget Amendment Framework:
 
o
 
Balances the budget in five years, without relying on revenue increases;
 
o
 
Eliminates four departments: Departments of Commerce, Housing and UrbanDevelopment, Education, and Energy;
 
o
 
Returns discretionary spending to FY2008 levels;
 
o
 
Block grants welfare programs, e.g. Medicaid, SCHIP, food stamps, and childnutrition; and
 
o
 
Prioritizes additional funding to national defense
 
 
Repeals Obama Care and Dodd-Frank
 
Tax Reform:
 
o
 
A low flat tax for individuals and corporations;
 
o
 
Pro-growth territorial tax system; and
 
o
 
Eliminates capital gains, dividends, estates, gift and other savings taxes
 
 
Entitlement Reform:
 
o
 
Social Security reform, including increasing the age for beneficiaries, means testingbenefits, private accounts, and opt-out; and
 
o
 
Medicare reform, including Congressional Health Care for Seniors
 –
a plan identicalto that provided to Members of Congress
 
Comprehensive Regulatory Reform
 
Energy Independence

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