The United States and New York state should utilize ZERO BASED BUDGETING, a method of budgeting in which all expenses must be justified for each new period. Zero-based budgeting starts from a "zero base," and every function within an organization is analyzed for its needs and costs. This will not only serve to reduce costs but create real innovation with government agencies.
I have 15 years of experience running a business without a bank loan or investors. I have a proven track record of growing everything around me through strong fiscal responsibility, and I believe that if you can’t afford it, you shouldn’t be buying it. This means that as your congressman I will fight to ensure that our government runs a balanced budget. No business survives buried in as much debt as the United States is currently in, and the tax plan that was just passed will not help. See the video lower down on this page on why I think the tax plan is horrible for the middle class and New York residents.
1. Ease burdensome regulations on all businesses, particularly small and midsize businesses. In my business, I’ve experienced firsthand the effects of a government body needing to impose fines just to make a quota. I strongly opposes such quotas and urge government at all levels to make life easier rather than more difficult for small businesses, their consumers and their employees. If you don’t believe that the government produces onerous regulations, here is a video I produced at my company after an OSHA inspection many years ago. Judge for yourself.
2. Generous tax breaks for all small business with less than 50 employees.
3. Gradually move government employee compensation away from Defined Benefit pensions to Defined Contribution (401k style plans). While the country greatly values all its workers, the generous retirement plans they currently enjoy coupled with increasing life expediencies and increasingly strained U.S. finances all add up to a need to rethink the way we fund pensions for U.S. governmental employees. While we strongly advocate keeping our commitment to all current retirees and all current workers, I advocate a system that would see government workers enrolled in defined contribution retirement plans rather than defined benefit plans.
4. The United States should budget and put aside emergency funds for disaster relief, instead of waiting until after a disaster happens.