10 Point Plan to Reduce Federal Debt

Topics: Tax, Taxation in the United States, Public finance Pages: 3 (1050 words) Published: March 16, 2013
The TenOC 10 Point Plan to Reduce the Federal Debt:

Are you interested in a plan to stop the growth of the Federal Debt? If so please review the 10 point TenOC plan below. If you like it (or even if you do not like it) forward it with your comments to your email buddies, facebook friends, your talk show host, your congressman, tweet about it, bog about it, post it on your websites, and you are free to send or copy it to anyone else you can think of. We need to start an ACTIVE conversation about this (or some other) plan to reduce the federal debt. What politician is willing to “step out in front” and LEAD with a plan?

Since we do not have any politician who are willing to “step out in front” and LEAD with a plan, the 10 point TenOC plan is a place to start from the “grassroots” of America. Many people are talking about the need to reduce the federal debt, but no one has a good plan to do so because they all want "someone else" to feel the "pain" of the actions necessary to reduce the federal debt. To miss-quote JFK, do not ask what handout or benefit you can take from the government, but ask how much you are willing to contribute to the government to continue to live in the BEST country in the world. For years, we all have been "milking" the government for all we could get. Now is the time we ALL need to feel the pain of reducing the debt. The 10 point TenOC debt reduction plan is designed to affect everyone. It should be a bold "take it all" plan – do not pick one point and reject a different point. One must NOT say I like this point (because it does not affect me too much) but I do not like a different point (because if affect me too much).

In our hearts, we all know that the ONLY way to stop the growth in the federal debt is to stop spending more money than the government receives. Thus, me must reduce government spending AND increase taxes. The plan is as simple as that.

One of the primarily reasons to reduce the federal debt is to simply reduce...
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