Sen. Rand Paul (R-KY) on Thursday outlined the basics of a budget plan he will release this month to balance the budget in five years. Rep. Paul Ryan’s (R-WI) budget released this week attempts to acomplish that goal in 10 years.
“My budget eliminates the Department of Education,” Paul said at Conservative Political Action Conference to much applause.
He continued: “My five-year budget will create millions of jobs by cutting the corporate income tax in half by creating a flat personal income tax of 17 percent and cutting the regulations that are strangling American business. The only stimulus ever proven to work is leaving more money in the hands of those who earned it.”
