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Rick Santorum: Here's My Alternative to 'Obamanomics'

Unveils 'Economic Freedom Agenda'

By Evann Gastaldo,  Newser Staff

Posted Feb 27, 2012 1:01 PM CST | Updated Feb 27, 2012 1:50 PM CST

(Newser) – Rick Santorum unveils his "Economic Freedom Agenda" in the Wall Street Journal today, arguing that "Obamanomics has left one in six Americans in poverty, and one in four children on food stamps" and opponent Mitt Romney's economic plan doesn't go far enough. He lists 10 key points of the plan he says he would submit in his first 100 days as president:

  • More energy production: States would be allowed to make their own decisions about where to look for oil and whether to use hydrofracking. Additionally, Santorum would approve the Keystone Pipeline.
  • Simpler tax rates: He proposes just two income tax rates, 10% and 28%.

  • Lower corporate taxes: He'll halve the rate to a flat 17.5% and take other actions to "restore America's competitiveness."
  • No more Obamacare: He plans to repeal it starting on day one, and work with Congress to replace it with "competitive insurance choices to improve quality and limit the costs of health care."
  • A balanced budget: In addition to balancing the budget within four years, his plan would call for a Constitutional balanced budget amendment.
Click for all 10 points.

Republican presidential candidate, former Pennsylvania Sen. Rick Santorum speaks during a campaign rally, Sunday, Feb. 26, 2012, in Traverse City, Mich.
Republican presidential candidate, former Pennsylvania Sen. Rick Santorum speaks during a campaign rally, Sunday, Feb. 26, 2012, in Traverse City, Mich.   (AP Photo/Eric Gay)
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COMMENTS
Showing 3 of 137 comments
LReyes
Mar 6, 2012 4:06 PM CST
It's similar to Ron Paul's economic plan for America, it's called "F*** The Poor"...
trailmix
Feb 28, 2012 9:54 AM CST
Say it right Dumbass, It was Bushonomics that put 25% of Americans on food stamps. And its the Sellout Republican Congress that has done nothing to help the Economy. 
saucier111
Feb 27, 2012 11:58 PM CST
The tar sand oil in Canada, is the dirtyest oil their is. But where I think i'm going wrong , the last time I checked Canada was a foreign country. Enbridge is a foreign company that would be building a foreign pipeline threw the heartland of America. It would be going threw front lawns, back lawns,fields, woods of thousands of individuals for the profit of a single foreign oil company.

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