Scott Sipprelle Unveils Blueprint for Renewal

Princeton, January 25, 2010 – Pledging a weekly roll-out of position papers outlining fresh approaches to address the economic and political problems facing America, businessman Scott Sipprelle (R-Princeton) today unveiled the six core principles of his “Blueprint for Renewal.”

“I refuse to be a candidate who offers timid, poll-tested sound-bytes masquerading as a panacea to the serious problems we face as a nation and a world,” said Sipprelle. “That is why I am unveiling the six core principles that will form the cornerstone of my campaign’s “Blueprint for Renewal,” aimed at addressing these problems by offering bold and dynamic solutions that will make America work again.”

Scott Sipprelle’s “Blueprint for Renewal”

A Pro-Jobs Agenda Grounded in Smart Investment.
“With unemployment exceeding 10% and a so-called stimulus package that has only added to the unemployment rolls, it’s time for a new direction,” said Sipprelle. “If this last year has proven anything, it’s that soaring government spending is not the answer to our economic problems. We need to remove the chokehold of government that is preventing job-creation. We must put our trust back in the entrepreneurial spirit and work ethic of the American people and we need new ideas and new incentives to nourish and revitalize private sector employment.”

Control Government Spending and the National Debt
“Washington spending is out of control,” said Sipprelle. “Deficit spending by both parties over the last 10 years has led to an enormous increase in our national debt, much of it owned by our economic and political adversaries like the Chinese and the Russians. If we are to remain a great and independent nation, we must reform our dysfunctional federal budget process and begin to recognize the danger posed by our massive unfunded liabilities.”

Reform the Tax Code to Spur Investment and Saving.
“According to the non-partisan Tax Foundation in Washington, the average American had to work 103 days in 2009 just to cover the amount of taxes they were expected to pay last year – that’s absurd,” said Sipprelle, who noted that here in New Jersey, the figure ballooned all the way up to 119 days, second worst in the country. “Not only will my plan cut income taxes for every working American, but it will also advocate for top-to-bottom reform of the entire federal tax code to make it fairer and simpler while also creating incentives for new investment.” (Source: http://www.taxfoundation.org/taxfreedomday/)

Reform Congress to Increase Integrity and Fiscal Responsibility.
“The toxic environment within the Beltway and, especially, within the halls of Congress has been years in the making and both political parties are to blame,” said Sipprelle. “I would start with constitutional term limits for members of both the House and Senate and eliminate the scandal-plagued practice of earmarks. We need fundamental systemic reform in Congress that begins to restore the confidence of ordinary Americans in their elected leaders.”

Reform Wall Street to Serve the Needs of the Broader Economy.
“My opponents are sure to make predictable attacks against my successful career in the financial industry and spout boilerplate anecdotes less about prompting reform and more about scoring political points. Unlike them, I know intimately how Wall Street should work and also why it failed,” said Sipprelle. “Long before it became politically popular to do so, I publicly criticized the governance problems and excesses that contributed to the financial collapse. I have the experience required to repair and remake Wall Street, without destroying one of our nation’s leading industries. My plan will make Wall Street work for Main Street, not the other way around, by serving its intended purpose: to allocate capital for investments that benefit all Americans, not just a select few.”

Promote Healthcare Solutions that Enhance Access, Choice and Affordability.
“Hatched via shady backroom deals, this so-called healthcare reform package in Congress was nothing more than a desperate attempt to shove government-controlled healthcare down the throats of Americans anguished about ever-rising costs and accessibility,” said Sipprelle. “My plan, on the other hand, will focus on lowering costs through the use of enhanced health information systems to streamline medical records, disease management and patient care. My plan will also promote solutions to expand healthcare access by giving consumers more individual choice as opposed to mandating one-size-fits-all plans.”