Romney/Ryan Republican Federal Budget Plan Boosts Tax Collections 88%, Hikes Federal Spending 35%, and ADDS $4 Trillion to the National Debt
Here are Paul Ryan’s own hard numbers on his budget plan (S1)
Paul Ryan’s “Path to Prosperity” Budget Plan:
1) Increases Federal Government Tax Collections from $2.444 Trillion to $4.601 Trillion. A $2.157 Federal Tax Collection Increase. An 88% TaxCollection Increase.
2) Increases Federal Government Spending from $3.624 Trillion to $4.888 Trillion. A $1.264 Trillion Increase in Federal Government Spending. A 35% Increase.
3) ADDS $4 Trillion to the National Debt.
Libertarian Presidential Candidate, 2-Term Governor Gary Johnson, has pledged to cut spending 43% to balance the federal budget his first year in office.