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  1. #1 House GOP Lists $2.5 Trillion in Spending Cuts 
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    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/washingto...-spending-cuts
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  2. #2  
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    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).
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  3. #3  
    Senior Member Madisonian's Avatar
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    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.
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  4. #4  
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    Quote Originally Posted by Madisonian View Post
    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.
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  5. #5  
    CU's Tallest Midget! PoliCon's Avatar
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    It's a step in the right direction.
    Stand up for what is right, even if you have to stand alone.
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  6. #6  
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    Quote Originally Posted by PoliCon View Post
    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.
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  7. #7  
    CU's Tallest Midget! PoliCon's Avatar
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    Quote Originally Posted by lacarnut View Post
    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.
    Stand up for what is right, even if you have to stand alone.
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