Secure America’s Future Economy
June 3, 2013
MEMBERS OF THE UNITED STATES CONGRESS
[Individually addressed, e.g., Senator Tom Carper, Delaware]
SAFE is an all-volunteer, grassroots organization, with members in Delaware and over 20 other states, which has been advocating smaller, more focused, less costly government since 1996.
We are appalled by the relentless rise in government spending and debt, and can see little indication that Congress is trying to set things right. Even the House budget plan projects deficits until 2023; the Senate budget plan (and likewise the president’s plan) is not designed to achieve budget balance at all.
SAFE has proposed an 8-step strategy to address the fiscal problem. Blog page of our website, 5/6/13 entry. What we would stress in this letter, however, is not the points in our plan as such but rather the goal the plan is aimed at – balancing the budget within say three years and keeping it that way.
Some may advocate reducing the deficit to a “sustainable” 3% of Gross Domestic Product, but a balanced budget policy would offer three advantages: (1) Reserve government borrowing capacity for true emergencies, e.g., a major war. (2) Control borrowing costs, which over time threaten to crowd out desired programs. Net interest expense, is currently running over $200 billion per year; it is projected to more than triple over the next 10 years. (3) Minimize the temptation for government leaders to make spending commitments now that will not be affordable later.
SAFE would welcome the opportunity to provide further input. Please let us know how we can help.
Options for balancing the budget
#Promote economic growth
#Restructure entitlement programs
#End Federal Reserve responsibility for promoting full employment
Current state - Taxes have been hiked substantially in recent years, but government spending is growing even faster and gross debt is nearing $20 trillion. Government oversight and regulations are proliferating, with corresponding erosion of personal liberties. Cherished social programs face an uncertain future due to rising costs. Partisan gridlock reigns in DC, and our political leaders spend more time playing the blame game than solving problems.
About 2/3 of Americans believe the country is on the wrong track, according to polls, but that doesn’t mean there is a consensus as to what course adjustments should be made. Many changes are being proposed that would actually make things worse. Unless better thinking is brought to bear, the future doesn’t look bright.
Our agenda - SAFE is a non-profit, all-volunteer organization, which has been advocating smaller, more focused, less costly government since 1996. We have developed a detailed, logical approach for getting the nation’s economy back on track.
The basic changes would be to curb wasteful spending (via targeted cuts), streamline the tax system (our SimpleTax plan is revenue neutral), restructure “entitlements” (Social Security, Medicare, etc.) so they will be affordable over the long term, and rationalize regulations (300+ administrative agencies have been running amok, and it’s time for Congress to rein them in).
Path forward - Perhaps our ideas will seem overly “conservative,” but we urge you to consider them. The logic and specifics are spelled out on SAFE’s website. You might start with the policy statement pages (Political System, Spending & budget discipline, Taxes, Social Security, Healthcare, Education, Energy policy & other regulations). Or go to the Blog page and sample some of the recent entries.
We would appreciate your feedback, whether pro or con. Questions, comments or suggestions may be directed to firstname.lastname@example.org. Here’s to a better tomorrow - for all of us!