(Article) Which Presidential Candidates Will Actually Reduce The National Debt?

Taking into account several scenarios of varying risk, Paul repeatedly comes out as the true fiscal conservative in the group’s report. Estimating the debt impact of each candidate in an “intermediate-debt scenario,” the group says Congressman Paul would be the only candidate to decrease that statistic. Under a Paul plan, America could expect to see the debt impact in relation to the country’s gross domestic product decrease by 9 percent, while on the other side of the spectrum, a Gingrich White House would increase that impact by 30 percent.

Estimating a low-debt scenario and a high-debt scenario, Paul emerges in all contests as the candidate that would create the least damaging climate, economically speaking, under each politician’s current proposed tax plans. Through eliminating taxes on capital gains and dividends, repealing the estate tax, cutting the federal work force and ending overseas military operations, a Paul presidency is predicted to be the one with the best impact for America’s skyrocketing debt. By ending wars alone, the group estimates that Congressman Paul could cut nearly $900 billion in a best-case scenario. Other initiatives, like privatizing the FAA and TSA, could save America $70 billion during and immediately after his administration. -RT News

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