Ron Paul to propose $1T in specific budget cuts

Ron Paul to propose $1T in specific budget cuts:

... he’ll propose immediately freezing spending by numerous government agencies at 2006 levels, ..., and drastically reducing spending elsewhere. The EPA would see a 30 percent cut, the Food and Drug Administration would see one of 40 percent and foreign aid would be zeroed out immediately. He’d also take an ax to Pentagon funding for wars....

plan “honors our promise to our seniors and veterans, while allowing young workers to opt out...

The federal workforce would be reduced by 10 percent, and the president’s pay would be cut to $39,336 ...
changes to federal tax policy, reducing the top corporate income tax rate to 15 percent, eliminating capital gains and dividends taxes, and allowing for repatriation of overseas capital without tax penalties

(Excerpt) Read more at politico.com ...