President Obama and Nancy Pelosi have led us down a path that is simply unsustainable. As a Mayor and State Legislator, I've made the tough decisions that prioritized spending and balanced budgets. It's time for Washington to exercise the same responsibility. Congress must:
*Ban all earmarks.
*Pass "No Budget / No Pay" legislation. If Congress doesn't do their work and pass a budget, they shouldn't get paid.
*Pass a Balanced Budget Amendment that includes a line item veto.
*Cut the annual budget deficit by at least $150 Billion each year for the next 10 years or until we have a balanced budget.
*Adopt a Taxpayer Bill of Rights that limits spending to 19.9% of GDP.
*Prohibit new spending until the annual deficit is eliminated.
*Audit the Federal Reserve Bank.