A Conservative Alternative To The Proposed Stimulus Package

Now that the election is behind us, and we have “only one President,” it is time for government to get back to business of governing (or some version of it). The American taxpayers are looking at a stimulus package approaching 1 trillion dollars, but most experts agree that the stimulus could approach 2 trillion before all is said and done. If you started counting right now it would take you 3, 179 years to reach 1 trillion, but it will take our representatives less than a few hours to commit this country to a financial burden too heavy for us to carry at this time.

Adding insult to injury, the inappropriately named stimulus package (American Recovery and Reinvestment Plan) is filled with pork:

A pork barrel stimulus package

But there is a valid alternative to this boondoggle called the American Recovery and Reinvestment Plan. Americans should encourage Congress to should consider the Republican Study Committee’s (RSC) plan with its emphasis on reducing America’s debt, lowering the tax burden on American families and businesses, and creating an incentive for businesses to grow and invest in the economy. The RSC’s plan does this by offering:

• Across-the-board reduction in marginal tax rates
• Repeal of the Alternative Minimum Tax
• A reduction in the corporate tax rate
• Ending the capital gains tax on inflation
• Full and immediate expensing of business equipment
• A one percent reduction in government spending

Throwing more taxpayer money is not the solution. It will only lead to further fraud and waste. We would be better served reducing speeding, reducing taxes, and establish policies that encourage private industry to thrive. That is what will get American back on track.