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Fred Thompson Plan to Reduce Federal Government Spending

Imagine Rudy Giuliani’s great tax plan coupled with this plan to reduce government spending by Fred Thompson. Should be music to the hearts of all fiscal conservatives: Thompson Plan to Reduce Federal Government Spending

In 2007, the federal government’s spending rose to an astounding $2.8 trillion — the equivalent of $22,000 per household. Growth in federal government spending, however, rarely translates into better services for the American people. Solutions for many public policy problems are best found in the private sector, and then at the State and local level — not in Washington, DC. Indeed, the federal government loses billions every year due to ineffective programs, poor management, waste, and fraud. And, the problem is getting worse. Within the next five years, federal spending is expected to reach more than $3.2 trillion, or about 20 percent of our economy; more than half of this amount is mandatory spending for entitlements. Increasing government spending is not the answer to our country’s problems. It is time to get it under control with better solutions and better management of our federal government.

Go to the link to read the details of Fred Thompson’s plan.

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January 10, 2008 , 9:16PM - Posted by | 2008 Presidential Election, Fred Thompson, Rudy Giuliani, Taxes

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