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Gingrich Position on the Deficit
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• Gingrich says that the government should look at how the private sector manages its finances and imitate it.
• He supports replacing bureaucratic attitudes with entrepreneurial management.
• He thinks that our government is too big, spends too much and is too intrusive.
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Declared 2012
Libertarian Presidential Candidate
3-Tour Combat Vet, Philosopher and Law Student
RJ Harris
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Harris Position on the Deficit
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Eliminate all unconstitutional spending and federal agencies. Begin a rapid deficit repayment program with the savings created by this action and the elimination of unconstitutional socialism at the federal level.
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Declared 2012
Libertarian Presidential Candidate
Former Governor of New Mexico
Gary Johnson
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Johnson Position on the Deficit
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Johnson contends that the government undisciplined and indiscriminate spending across all sectors of the economy, especially with the various coffer-bleeding overseas military undertakings, will cripple and eventually bankrupt the country.
The fact that the government is financing up to 40% of its expenditure by borrowing or printing fiat money is irresponsible, and unless massive levels of spending cuts are initiated immediately, in the region of trillions of dollars, the specter of an economic meltdown in the near future is a very real possibility.
Apart from military spending, Johnson has identified Social Security and Obamacare as the other major issues that need to be addressed in any serious effort at reducing the national deficit. Transparency and accountability must also be practiced and observed at all levels of the government, and this includes the popular libertarian target, the Federal Reserve.
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Miller Position on the Deficit
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• Miller understands that the National debt is a threat to our National security and the status of the U.S. dollar as the world reserve currency.
• He will not authorize an increase to the National debt limit (ceiling).
• He will amoritize the National debt into a 30 year loan and assign the repayment of this obligation as a mandatory fixture of the Federal budget.
• He will order a complete audit of the Federal government.
• He will stop paying off debt with debt (quantitative easing).
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Paul Position on the Deficit
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• Ron Paul believes that our deficit will be our downfall.
• He believes that we must start paying off our debt with drastic reductions in spending.
• He has said that reducing the size of government will help reduce our deficit.
• Paul thinks that borrowing from foreign countries gives them power over us and it should be stopped.
• We would not have to borrow money and run a deficit if we spent within or below our means.
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Snyder Position on the Deficit
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Snyder understands that “deficit” is a function of economy and budget. Fix the economy and the budget; there is no deficit.
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