Newt says the budget super committee is a "maniacally stupid" idea -- G. Edwin Lint

Newt says the budget super committee is a "maniacally stupid" idea

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R.C. Hammond, Press Secretary, Newt 2012 Yesterday in Des Moines, Iowa, Speaker Gingrich lambasted the concept of the super committee as a "maniacally stupid" idea. "We should reject any effort to blackmail us into accepting a dumb idea on the grounds that in July we accepted an even dumber idea." The current model, with the prospect of $1.2 trillion in automatic cuts if no agreement is reached, will lead to really bad and destructive decisions. It is as though someone said: "I will be forced to shoot you in the head unless you let me cut off your leg." Speaker Gingrich is in a unique position to criticize the super committee because during his tenure as Speaker, the federal government balanced the budget for four straight years, paid off more than $400 billion in publicly held debt, reformed welfare, and lowered taxes to stimulate economic growth. This fiscal discipline and government reform liberated the American people to create 11 million new jobs. Furthermore, after four years of Newt's leadership, the 10-year projected deficit of $2.7 trillion turned into a projection of $2.3 trillion in surplus! Speaker Gingrich's bold plan will tackle the budget crisis through growth and innovation and includes five substantive policies: 1 Block Granting Means-Tested Welfare Programs to the States: Block granting Medicaid and other means-tested welfare programs to the states could save up to $3.25 trillion for the federal government and $1.4 trillion for the states over the next decade. 2 New Revenue from Oil and Natural Gas Development and Opening Up Federal Lands for Development: A study released by Wood Mackenzie notes that increasing access to American oil and natural gas could bring in over $800 billion in new government revenues by 2030. 3 Save Billions by Reforming the FDA and Investing in New Research: In the 21st Century Contract with America, Speaker Gingrich outlined this plan to reform the FDA to expedite the time it takes a medical breakthrough to reach a patient, as well as giving a new emphasis to researching and understanding how the human brain works. Independent estimates find that the combined public and private cost of Alzheimer's alone will reach $20 trillion dollars over the next four decades. Making investments today that could delay the onset of the disease by only five years could save between $5 and $10 trillion in both private and public spending between now and 2050. 4 Save $5 Trillion Over Ten Years through Lean Six Sigma: Lean Six Sigma is a management technique utilized by companies like Motorola and Boeing to streamline and improve efficiency in their manufacturing processes. If applied across the entire federal government, some estimate it could save $500 billion a year or $5 trillion over a ten-year period. 5 Attack Fraud in Medicare and Medicaid: The Center for Health Transformation estimates there is between $70 and $120 billion in fraud annually in Medicare and Medicaid. By employing fraud detection techniques utilized by credit card companies, we could save between $700 billion and $1.2 trillion in the next ten years. This plan is far more thorough and sophisticated than anything proposed by any other candidate for president, and it's exactly what America needs at this very moment. With the very real problems this country faces, we need a president with the knowledge, experience, and leadership to enact a plan to restore some sanity to the government's budgetary process!
Keep Obama Off 2012 Ballot G. Edwin Lint, BS, ThB, MA, -- Editor Index of all posts Dear President Obama, Click for Powerful Video From We the People .. This blog provides conservative information on political, spiritual, economic, and social issues.
Jesus said: What you have said in the dark will be heard in the daylight, and what you have whispered in the ear in the inner rooms will be proclaimed from the roofs. Luke 12:3
If my people, who are called by my name, will humble themselves and pray and seek my face and turn from their wicked ways, then I will hear from heaven, and I will forgive their sin and will heal their land. 2 Chronicles 7:14 (NIV)
All that is necessary for the triumph of evil is for good men to do nothing. --Edmund Burke 1729-1797
The only people who don't want to disclose the truth are people with something to hide. --B. H. Obama, 8/21/2010
AntiObama Library of Must Reads Drawbridge's Posts Concerning Obama's Alleged Criminal Activities Hot AntiObama Links: Obama Congressional investigation; contact your Governor, Senators, and Representative Obama and his profligate Government Gone Wild Obama is educated beyond his intelligence Obama Error: a new book Obama Story: from Fetus to Forger Obama: how the forgery was done Obama: Is he a narcissist or merely narcissistic? Obama and forger: Google found 24 million posts Obama needs to talk to the FBI Obama was born in Kenya and here's the proof Here's our race card: Herman Cain for President