Now up, Rep. Paul Ryan. The crowd wants him to run for higher office (I agree), he says first, kill earmarks.
The reason America is great is because we have freedom and liberty. They are, however, under assault.
Ryan has brought back the spirit of the late Sen. Bill Proxmire’s Golden Fleece award with the Budget Boondoggle award. The first winner is Sen. Ted Stevens, who replaced the “Bridge to Nowhere” with the “Ferry to Nowhere” (still serves 40 people).
If you can’t clean up spending like this, how are you going to tackle entitlements.
When Ryan’s kids are his age (about 30 years from now), if they want a federal government that is exactly like today’s, they’re going to face a level of taxation that is double that is today’s (40% of GDP versus 20% now). The bad news is no new bills need to be passed. The worse is all the Dems have to do is stalemate.
The Bush tax cuts were permanent when they left the House; the Senate’s filibustering made them sunset.
The Alternative Minimum Tax is a big scourge, and the Dems, including Clinton and Obama, want to replace it in kind with a tax that has a top rate of 45%.
It can’t be an American Century if the biggest bill you pay is to government. Other countries that have gone into the hole the Dems want to go into are actually reducing taxes to get out of it.
The way to fight the Dems’ plans is to join the fight. We are at risk of severing the American legacy if we don’t take this country back. Thank you, AFP, thank you crowd.
This is a generational time; these are transformational times.
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