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We're back with our senator seat segment former new -- -- governor Gary Johnson governor opt in the debate in Orlando you.
We're talking about -- economic plan and submitting a balanced budget and -- us.
Contained in the notion of submitting a balanced budgets to congress in the year 2013.
Is actually submitting a budget it will cut 43%.
Of the spending from federal government.
And that means Medicaid and that means Medicare.
And that means military spending for starters.
I was actually in New Hampshire this week cannot let the debate He said something similar at the debate Charles.
Well that is a major -- that's nearly -- so are you saying -- you first year in office.
You would cut the check that Social Security recipients get today -- then.
By almost have -- would cut the benefits that the people who -- on Medicare would get by almost half and you would cut the defense budget by almost half in your first here.
Well for starters it's not about cutting Social Security Social Security is really a problem that is.
Small in comparison to Medicare.
-- security very simply is a system that needs to take in more money than what it pays out to -- sort of fix Social Security.
Raise the retirement made -- means testing.
The change via escalator built -- Social Security from the wage index the inflation rate and then have a option for self directing those funds that's the fix for Social Security so not cutting Social Security.
Medicaid and Medicare.
I reformed Medicaid in the state of New Mexico.
We changed it from a fee for service model to a managed care model we seen a bunch of money.
Had better health care delivery.
I believe that if the federal government would have block granted the state of New Mexico 43%.
Less money and let me be in charge of the delivery of health care.
To the -- with 43% less money done away with the strings in the mandates.
That I could have done that.
I suggest that we do the same with Medicare.
-- grant the State's fifty laboratories of innovation fifty laboratories of best practice.
If we don't fix this.
I'm in the camp that believes were on the verge of a monetary collapse and unless we fix this we're gonna find ourselves -- nothing.
So it's not promising to cut this the promise is to submit a balanced budget to congress.
To submit a document that has 43%.
Less spending in it.
My promise is also to veto.
Expenditures that exceed revenue and I suggest to you that under that scenario there will be less spending than any other scenario that you.
That we could be presented with some discovers she's saying that in the first -- you submit a budget with a Medicare.
Budget would be split given to all the states but would be cut almost in half by 43%.
In that one year.
-- that first yes in that first year.
-- and -- folks well and back to fifty laboratories of innovation and best practice the states.
I'm gonna I'm gonna suggest to you that we will have best practice and on military budgets we just heard this week the Defense Secretary saying that anything above 450 billion would be devastating to national security.
Well I'm not operating in a vacuum here either I mean -- a lot of people that believe first of all with the premise that.
So let's ask the question can you cut military spending my 43% and still provide for a strong national defense for this country.
The operative word here is defense and the answer is yes as opposed to offense and as opposed to nation building.
And when you start talking about a 43% reduction in military spending really is -- about.
The military in uniform you're -- about the support the civilian support staff to those in uniform you're talking about.
Nuclear warheads do we really need to block the planet ten times -- my four times do it I've lived my entire life believing that maybe four times and that.
Getting out of the conflicts that -- currently involved in closing bases that.
With other countries the responsibility.
Of a genuine war on terror the jet that genuine threats that may exist.
For right now we're picking up that tab for the world.
We're spending more than all the other countries in the world combined and -- 5% of the world's poppy.
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