Klobuchar reveals Plan to Battle Wasteful spendinhg

Klobuchar reveals plan to battle wasteful spending - MPR
Tuesday, 29 August 2006

DFL Senate candidate Amy Klobuchar rolled out a plan Tuesday which she says could save the federal government more than $400 billion a year.

Klobuchar says the savings would come from closing tax loopholes, cutting wasteful spending, instituting "pay-as-you-go" spending and negotiating medicare drug prices with pharmaceutical companies. She would also rollback tax cuts on the wealthiest 1 percent of Americans. Klobuchar says with the savings and increased tax money the deficit could be reduced. She says cutting the deficit would bring down interest rates and make life more affordable for middle class Americans.

"It is time that we put an end to this runaway spending and to stop pretending that we can keep going the way we're going when we know it is costing average people in our state - that it's making it hard for them to pay for gas and making it harder for them to send their kids to college and is making it harder for them to afford health care," she said.

http://amyklobuchar.com/media/news/page_2.html