GOP hopeful Kasich to detail balanced-budget plan

Republican John Kasich says he will balance the federal budget within eight years if he’s elected president. When Bill Clinton signed the act in 1997, the act went on to help create the first federal surplus in USA history since the 60’s.

A centerpiece of the roadmap Kasich laid out would involve balancing the federal budget within eight years of his assuming the presidency and his pushing for a constitutional amendment that would require a balanced budget annually.

While Republican and Democratic lawmakers, business and labor leaders, and a majority of governors and state officials are clamoring for passage of major new highway and mass transit construction legislation, Kasich proposes dismantling the federal Department of Transportation and returning federal gas tax revenues to the states. “If we don’t do well, it’s all going to end here”, Kasich told supporters.

Kasich is also claiming that his tax cuts will spark economic growth, yet there’s very little evidence that lower income taxes spur growth and the economic has expanded faster under higher rates. He will then travel to New Hampshire, according to his campaign, where he is scheduled to attend a “No Labels Problem Solver Convention” in Manchester where other candidates have been speaking.

GOP 2016 hopeful John Kasich released his tax plan Thursday.

“As president, I will immediately … put us on a path to a balanced budget, and I will get it done in eight years”, he said.

What Kasich’s people said: It sounds like Trump’s people weren’t the only ones upset on the call. “But the federal government shouldn’t set them or control them”.

Kasich’s comments today seemed to indicate that he wants to go to Washington to take it apart, program by program, department by department, and ship it back to states, so 50 different ways to do something standard becomes the norm.

A policeman has been convicted of lying about the arrest of a New York Times photographer he said took flash photos of him.

Among Republicans, Carson, a retired neurosurgeon, reported raising more than $20 million in the quarter that ended September 30.

“The philosophy is … we bring down the lower rate to provide incentives for more investment, more risk taking and more hard work and more job creation”, he said. “No more rules and regulations from Washington for one year”.

“This is a dynamic plan that in fact can be achieved, and I think we’re seeing a lot of voices around the country that are saying, look, if there’s anybody that knows how to pass these things it’s Kasich”, he said after rolling out an ambitious outline Thursday at Nashua Community College. And you need to, somehow, make sense of it all.