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Thursday, March 17, 2011

Sen. Paul Unveils 5-Year Budget Plan: Eliminates Four Federal Agencies

Sen. Paul Unveils 5-Year Budget Plan: Eliminates Four Federal Agencies - The Note, Mar. 17, 2011: - ABC News' Mary Bruce reports:

"Senator Rand Paul, R-Ky., unveiled today his five-year path to a balanced budget, leaving several federal agencies behind. Among the items on the cutting room floor are the Departments of Education, Energy, Commerce and Housing and Urban Development.

"The proposal also calls for the repeal of 'Obamacare,' but leaves entitlements untouched....

"According to Paul, a Tea Party conservative, the proposal will bring spending to the 'historic average since World War II' in just one year. He further claims the budget achieves a $19 billion surplus by FY2016 and will bring all non-military discretionary spending back to FY2008 levels.

"Paul’s proposal gained support from freshman Senator Mike Lee, R-Utah, who today challenged anyone who opposes the plan to come up with a better option."

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