PDA

View Full Version : House GOP Lists $2.5 Trillion in Spending Cuts



megimoo
01-20-2011, 11:19 PM
Moving aggressively to make good on election promises to slash the federal budget, the House GOP today unveiled an eye-popping plan to eliminate $2.5 trillion in spending over the next 10 years. Gone would be Amtrak subsidies, fat checks to the Legal Services Corporation and National Endowment for the Arts, and some $900 million to run President Obama's healthcare reform program. snip

What's more, the "Spending Reduction Act of 2011" proposed by members of the conservative Republican Study Committee, chaired by Ohio Rep. Jim Jordan, would reduce current spending for non-defense, non-homeland security and non-veterans programs to 2008 levels, eliminate federal control of Fannie Mae and Freddie Mac, cut the federal workforce by 15 percent through attrition, and cut some $80 billion by blocking implementation of Obamacare.



http://www.usnews.com/news/washington-whispers/articles/2011/01/20/house-gop-lists-25-trillion-in-spending-cuts

m00
01-21-2011, 12:00 AM
Best part:


Federal Workforce Reforms: Eliminate automatic pay increases for civilian federal workers for five years. Additionally, cut the civilian workforce by a total of 15 percent through attrition. Allow the hiring of only one new worker for every two workers who leave federal employment until the reduction target has been met. (Savings included in above discretionary savings figure).

Madisonian
01-21-2011, 05:34 PM
So bottom line is that they want to trim $250 billion a year off of an annual deficit in excess of 1.5 trillion.
At that rate they will get to a balanced budget...
Well, never actually.

Same sinking ship, new deck chair locations.

lacarnut
01-21-2011, 06:07 PM
So bottom line is that they want to trim $250 billion a year off of an annual deficit in excess of 1.5 trillion.
At that rate they will get to a balanced budget...
Well, never actually.

Same sinking ship, new deck chair locations.

Boehner is backing down on a pledge of 100 billion. I doubt this turkey will allow this bill to come to the floor for a vote. Until we get a Tea Party President along with a Tea Party Congress, we will see trimming around the edges but no deep cuts.

PoliCon
01-21-2011, 10:01 PM
It's a step in the right direction.

lacarnut
01-21-2011, 10:28 PM
It's a step in the right direction.

We will see if they get bigger than tiny baby steps. Just wait till the lobbyist start flashing the cash for their re-election campaign. House members will have to start a war chest at the end of this year for a run in 012.

PoliCon
01-21-2011, 10:30 PM
We will see if they get bigger than tiny baby steps. Just wait till the lobbyist start flashing the cash for their re-election campaign. House members will have to start a war chest at the end of this year for a run in 012.

which is why we have to be extra vigilant and make sure they know they will not be invited back if they do not deliver.