Rick Perry or Newt Gingrich could use a simple, tried and true tactic to reignite their respective campaigns heading into South Carolina and Florida. Herman Cain rocketed to the top of the GOP field in part because his 9-9-9 plan struck a chord with mainstream Americans. Yes, there were other reasons, too, but the 9-9-9 plan certainly helped. It was bold, it was simple and it resonated with voters.
Another equally bold and very simple plan either Perry or Gingrich could adopt is Connie Mack’s Penny Plan (H.R. 1848). In a nutshell, the Penny Plan cuts one penny from every dollar of government spending per year for the next five years. How can anyone argue with the simplicity of a 1% cut?
The Penny Plan also incorporates the premises of Cut, Cap and Balance:
- It cuts one penny of every dollar of federal government spending from 2012-2017
- It caps spending at 18% of GDP beginning in 2018
- It balances the budget by 2019
- It saves taxpayers $7.5 trillion over the next decade.
With more than 60 co-sponsors and support from FreedomWorks and the National Taxpayers Union, the plan makes sense. If either Gingrich or Perry adopted the Penny Plan, it would be a win-win. The high profile support could help actually turn the tide and help rein in spending. And the candidate adopting this plan would win. Like Cain’s 9-9-9, the Connie Mack’s Penny Plan is a bold, clear and simple plan that voters would love.