Dreamplan software project raised ranch3/18/2023 It eliminates government-mandated health care and fully funds our national defense. It reduces the debt and cuts government in half. It balances the nation’s budget within a decade-and keeps it balanced. Saving the American Dream is our plan to fix the debt, cut spending and, above all, restore prosperity. We can turn the tide and change our nation’s course. We can limit the size of government and set free once again the unlimited genius of Americans to create wealth and jobs. We can get spending under control, balance the budget, and shrink our debt. If our elected leaders keep it up, we are certain to face financial crises like Greece or Portugal.Īmerica is on the verge of becoming a country in decline-economically stagnant and permanently debt-bound, heavily regulated and bureaucratic, less self-governing and less free.īut this fate does not have to be our future. The day it was announced that Standard & Poor’s had lowered the outlook on our economy, a collective gasp went through the international community. By robbing the future of opportunity and freedom, it will destroy the American Dream for future generations.Īlready, we are living through the shame of being publicly lectured by our Communist Chinese creditors, who have contempt for our profligacy. Unchecked, the course we are on now will cripple our economy, undermine our prosperity, and lead to fiscal insolvency. Over time, our national government has become bloated, overextended and unrestrained, oblivious of its core functions, operating far beyond its means and vastly outside of its proper constitutional bounds. Our nation is going broke, and we are passing the costs of these misguided policies to our children and their children. For far too long, Congress has been on an unsustainable binge of spending, taxing, and borrowing. Peterson Foundation, aims to preserve America’s promise bequeathed to us by past generations. Our proposal, which was funded by a grant initiative set up by the Peter G. If entitlements are not reformed, the next generation and future ones will have to pay punitive tax rates that will end liberty as we have known it. This is a structure that will promote savings, therefore benefiting individual Americans, our body politic, and the economy.Īt the end of the day our plan, while economic in nature, has a higher moral purpose. To encourage Americans to become more fiscally responsible, the Heritage plan redesigns our entire tax system into an expenditure tax that will have a single, flat rate. It squarely confronts Social Security, Medicare, and Medicaid, the three so-called entitlement programs, which together account for 43 percent of federal spending today. Saving the American Dream is The Heritage Foundation’s plan to fix the debt, cut spending and, above all, restore prosperity.
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