Newt Gingrich: How We Balanced the Budget, and How We Can Do It Again
It's a lot easier than you think.
The following is adapted from Newt Gingrich's January 17th speech
at the Heritage Foundation.
by Newt Gingrich
January 18, 2017
As a candidate, Donald Trump repeatedly stated that balancing the budget would be a goal of his administration.
Many so-called experts have dismissed the idea that he can actually achieve this goal as president.
As usual, the experts have it wrong.
In fact, President Trump’s focus on the fundamentals of the economy and the government will shrink the deficit and balance the budget.
To use a sports analogy, Bill Walsh, the former head coach of the San Francisco 49ers, never focused on the score of the game. His focus was always on getting his players to perfectly execute their plays. If every play was perfectly executed, he believed the score would reflect the team’s actions.
This same principle holds true for balancing the budget. If Trump’s policies are implemented, the result will be a balanced federal budget.
I say this with some authority. As Speaker of the House, w…