U.S. Senator Bob Corker Details The CAP Act: A Plan to Dramatically Reduce Federal Spending
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Uploaded by catoinstitutevideo on Apr 14, 2011
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U.S. Senator Bob Corker (R-Tennessee) explains his plan to balance the budget by limiting all government spending- both discretionary and mandatory- to 20.6% of GDP over 10 years. The CAP Act is one of three ways to limit government spending that was presented at a Cato Policy Conference on April 7, 2011.
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Senator Bob Corker, what a surprise! Not only are you behind this crap, but you are a well known paid lap dog for the corrupt payday lending industry, most notably the sloppy, oafish W. Allan Jones and his giant subprime lending corporation, Check Into Cash. Someone get rid of Senator Bob Corker. He really is disgusting.
@ianpatrick23 Tiny part of the budget compared to entitlements and “defense"
How about a constitutional amendment that makes Amtrak illegal?
OPT OUT OF SOCIAL SECURITY
Not ONE WORD about "Constitutional Enumerated Powers".
NOT ONE WORD!
Let me opt out of social security! I don't want to be part of this fuking ponzi scheme!
But... but... but what about all the high speed rail, internets and all the electric cars?!
@mikheii Of course. Because everyone in Congress and the White House follows the Constitution and all if its Amendments all the time.
Both acts and Constitutional Amendments are useless.
You put a cap, and spending will never go below it. Forget acts- still too much money, and hey, maybe they'll just stop passing budgets like last year as a loophole. Constitutional amendment is only way.