by: Brent Smith at the Common Constitutionalist
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This upsets me, but if we are to remain true to conservative ideals, we must be prepared to call those who appear to have
abandoned them.
In early July, 2011, U.S. Representative for Florida’s 14th congressional district, Cornelius Harvey McGillicuddy (cool name), better known as Connie Mack IV, introduced a government spending plan called the Mack Penny Plan.
Mack served in Congress from 2004-2013.
More precisely, Mack Penny was a plan to cut government spending. Unlike virtually all things in government, his plan was quite simple. For every dollar of proposed spending, the plan would take away one penny of spending. So instead of the government spending that dollar, they would receive 99 cents to spend. See – simple.
In August of that year, FreedomWorks wrote that, “The Penny Plan would require Congress to cut just one penny out of each dollar it spends every year for six years. These gradual cuts over the next six years will balance the federal budget.”
If it were enacted it would have, “capped Overall Spending at 18 Percent of Gross Domestic Product (GDP) Starting in Fiscal Year 2018, Reduce Overall Federal Spending by $7.5 trillion over the Next Ten Years, Would Balance the Federal Budget by 2019 and End Washington’s Unprecedented Spending Spree.” read more
Republican Congress Authorizes Trillion-Dollar Deficit
