Heritage Releases its Extensive ‘Blueprint for Balance’
by Stuart MacPhail June, 2019
During May the Heritage Foundation released its “Blueprint for Balance” that details plans offering “250 specific, actionable proposals to rein in spending, reform taxes, and right-size the federal government.”
Justin Bogie, a senior policy analyst in Heritage’s Grover M. Hermann Center for the Federal Budget says “Following the status quo has led America deeper into debt and closer to the brink of a budget disaster.” The document says that if implemented, in total, the Heritage’s “Blueprint” would reduce spending by $10.8 trillion over 10 years and eliminate deficits by 2029. It claims to do this while also permanently extending the Tax Cuts and Jobs Act of 2017, reducing taxes by $800 billion.
A commentary on the “Blueprint”, written by Heritage President Kay Coles James was published on May 20 in Heritage’s The Daily Caller under the heading The Path to Putting Government in Its Proper Place. Read her article HERE.
Ms. James says “Despite promises to the contrary … Congress continues to pass bills that spend more than the government takes in each year, adding trillions of dollars of debt and putting our entire economy in peril. This constant financial mismanagement is bankrupting the country and robbing future generations of Americans to pay for it.”
She describes the “Blueprint” as a demonstration “to the American people and our elected leaders an approach to the federal budget that reins in out-of-control spending, ensures that the government is funding its constitutionally mandated duties, and provides an environment where our prosperity as individuals and as a country grows.”
The “Blueprint” is actually a 300+-page book that can be downloaded HERE.