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My administration will reduce the federal workforce by 10 percent, slash congressional pay and perks and curb excessive federal travel. As president, I will stand with the people by taking a salary of $39,336, approximately equal to the median income of average American workers..

Lowering the corporate tax rate to 15 percent will make America competitive globally, and I will allow American companies to repatriate capital without additional taxation, spurring trillions in new investment. I also will work to extend all of the Bush tax cuts, eliminate the death tax and end taxes on all personal savings so families can build nest eggs.

I am often asked how I expect to accomplish such goals, but I am confident that due to the bully pulpit of the presidency, the power of the veto and, most important, the united voice of the freedom-loving Americans who voted me into office, the real pressure will be on those who support the status quo to defend their reckless big-government agenda.

I am the only candidate with a serious plan to cut spending, balance the budget and promote freedom and prosperity, and I hope you will join me in working to restore America now.

Rep. Ron Paul is a Texas Republican and candidate for president.