Budget

Indicate which proposals you support (if any) for balancing the federal budget.

In order to balance the budget,

There are 2 ways to balance the budget; by spending less or increasing federal revenues. Revenues can be greatly increased by reducing the trade deficit.

The Trade Deficit can be offset by increasing our sales around the world, or increasing tariffs on imported goods.

From 2007 to 2010, our trade deficit with China, alone, was $1.26 trillion, almost enough to balance the federal budget! Since most of our budgetary deficit can be offset through tax revenues, we can balance the budget by eliminating the trade deficit between the U.S. and China, all within the next 4 years!

Spending

Indicate what federal spending levels (#1-6) you support for the following general categories. Select one number per category; you can use a number more than once.

About 6.2 million Americans, 45.1 percent of all unemployed workers in this country, have been jobless for more than six months - at its highest since the Great Depression.

In the next decade, emerging industries such as rapid rail and bio-fuel production are expected to be a significant source of new jobs.

Thus, colleges and universities will need funding to develop new programs of education and training to prepare new workers and retrain those who wish to re-enter the labor force.

Taxes

Indicate what federal tax levels (#1-6) you support for the following general categories. Select one number per category; you can use a number more than once.

It is estimated that the top 1% of the US population, or 3,105,000 people, have an average
income of $1.1 million dollars a year.

If we multiply $1.1 million ( $1,100,000 ) by 3,105,000, we come out with $3.4 trillion.

An adjusted tax rate of 25% would yield $1.7 trillion in revenues within 2 years and $3.4 trillion within the next 4 years, from just the wealthiest 1% of the US population.

Our national debt is now around $1.4 trillion. This will give us a surplus of $2 trillion over the four year period, without a tax increase.

I believe it is better for 100 guilty men to go free than for one innocent man to go to jail.
Hence, I believe in careful judicial review, especially in cases involving the death penalty.

Statistically, more than 85% of our nation's wealth is controlled by a mere 20% of the US population. The United States currently has 412 billionaires, over 3 times that of China, it closest competitor. Yet, our deficit is out of control, at more than 1.4 trillion dollars!

Clearly, the infrastructure projects we need to create new jobs will be funded by private investors. Tax incentives will play a key role in attracting investors to projects essential to the growth of our economy.

Under conditions of chronic unemployment, colleges and universities will be expected to offer more than the standard menu of academic programs. To prepare themselves for a job market geared toward healthcare, rapid transit and renewable energy, students will need targeted training. Federal grants should be offered to institutions that are willing and able to keep pace with changing requirements.

I will not declare war without the approval of Congress; for, in the words of our first President:

"The Constitution vests the power of declaring war in Congress; therefore, no offensive expedition of importance can be undertaken until after they have deliberated upon the subject and authorized such a measure". (George Washington)

I support the Constitutional right of all Americans to bear arms, though controls are needed to prevent the abuse of that right.

In no event should families be separated as a result of deportation.

Marriage is, by definition, a union between a man and a woman.

This concept runs counter to the system on which Social Security is based. The Social Security taxes we pay go directly into the accounts of future recipients. The benefits we receive upon retirement were paid by those who preceded us. Hence, no one pays into his or her own account.

Jobs, a Balanced Budget, Free Enterprise

As President, my first concern will be the economy. Millions of people are out of work. Moreover, about 6.2 million Americans, 45.1 percent of all unemployed workers in this country, have been jobless for more than six months - at its highest since the Great Depression.

A Balanced Budget will encourage Free Enterprise and set the stage for private investment in the infrastructures that will provide millions of new jobs.