GOP Lists $2.5 Trillion in Spending Cuts

[bronclvr]

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. [See a gallery of political caricatures.]


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. [See a slide show of the top Congressional travel destinations.]


More here:

http://www.usnews.com/news/washingto...-spending-cuts


Here is the full list of cuts:
Additional Program Eliminations/Spending Reforms
Corporation for Public Broadcasting Subsidy. $445 million annual savings.
Save America's Treasures Program. $25 million annual savings.
International Fund for Ireland. $17 million annual savings.
Legal Services Corporation. $420 million annual savings.
National Endowment for the Arts. $167.5 million annual savings.
National Endowment for the Humanities. $167.5 million annual savings.
Hope VI Program. $250 million annual savings.
Amtrak Subsidies. $1.565 billion annual savings.
Eliminate duplicative education programs. H.R. 2274 (in last Congress), authored by Rep. McKeon, eliminates 68 at a savings of $1.3 billion annually.
U.S. Trade Development Agency. $55 million annual savings.
Woodrow Wilson Center Subsidy. $20 million annual savings.
Cut in half funding for congressional printing and binding. $47 million annual savings.
John C. Stennis Center Subsidy. $430,000 annual savings.
Community Development Fund. $4.5 billion annual savings.
Heritage Area Grants and Statutory Aid. $24 million annual savings.
Cut Federal Travel Budget in Half. $7.5 billion annual savings.
Trim Federal Vehicle Budget by 20%. $600 million annual savings.
Essential Air Service. $150 million annual savings.
Technology Innovation Program. $70 million annual savings.
Manufacturing Extension Partnership (MEP) Program. $125 million annual savings.
Department of Energy Grants to States for Weatherization. $530 million annual savings.
Beach Replenishment. $95 million annual savings.
New Starts Transit. $2 billion annual savings.
Exchange Programs for Alaska, Natives Native Hawaiians, and Their Historical Trading Partners in Massachusetts. $9 million annual savings.
Intercity and High Speed Rail Grants. $2.5 billion annual savings.
Title X Family Planning. $318 million annual savings.
Appalachian Regional Commission. $76 million annual savings.
Economic Development Administration. $293 million annual savings.
Programs under the National and Community Services Act. $1.15 billion annual savings.
Applied Research at Department of Energy. $1.27 billion annual savings.
FreedomCAR and Fuel Partnership. $200 million annual savings.
Energy Star Program. $52 million annual savings.
Economic Assistance to Egypt. $250 million annually.
U.S. Agency for International Development. $1.39 billion annual savings.
General Assistance to District of Columbia. $210 million annual savings.
Subsidy for Washington Metropolitan Area Transit Authority. $150 million annual savings.
Presidential Campaign Fund. $775 million savings over ten years.
No funding for federal office space acquisition. $864 million annual savings.
End prohibitions on competitive sourcing of government services.
Repeal the Davis-Bacon Act. More than $1 billion annually.
IRS Direct Deposit: Require the IRS to deposit fees for some services it offers (such as processing payment plans for taxpayers) to the Treasury, instead of allowing it to remain as part of its budget. $1.8 billion savings over ten years.
Require collection of unpaid taxes by federal employees. $1 billion total savings.
Prohibit taxpayer funded union activities by federal employees. $1.2 billion savings over ten years.
Sell excess federal properties the government does not make use of. $15 billion total savings.
Eliminate death gratuity for Members of Congress.
Eliminate Mohair Subsidies. $1 million annual savings.
Eliminate taxpayer subsidies to the United Nations Intergovernmental Panel on Climate Change. $12.5 million annual savings.
Eliminate Market Access Program. $200 million annual savings.
USDA Sugar Program. $14 million annual savings.
Subsidy to Organisation for Economic Co-operation and Development (OECD). $93 million annual savings.
Eliminate the National Organic Certification Cost-Share Program. $56.2 million annual savings.
Eliminate fund for Obamacare administrative costs. $900 million savings.
Ready to Learn TV Program. $27 million savings.
HUD Ph.D. Program.
Deficit Reduction Check-Off Act.
TOTAL SAVINGS: $2.5 Trillion over Ten Years

[elsid13]

interesting list but

"Congressional budget analysts said the many of the savings estimates in the RSC list were overstated. For example, the RSC estimates that the government could save $45 billion by cutting off unspent funds from the 2009 economic stimulus package. A more accurate figure, analysts said, is probably closer to $4 billion."

http://www.washingtonpost.com/wp-dyn...012002878.html

[That One Guy]

I don't know what any of them do. Cut em all.

[TailgateNut]

and cut the goddamn military budget in half (That would actually make a dent).

[orinjkrush]

got no problem with any of that. as long as they also require dollar for dollar matching from the wall street/ banksters (Goldman Sachs and all Fed member banks.)

oh, and they slash congressional personal and committee staffs by 50%.

that should save the taxpayer trillions in opportunity costs. we could actually afford our Afghanistan dalliance.

[Fedaykin]

Originally Posted by That One Guy

I don't know what any of them do. Cut em all.

Decision making based on ignorance -- one of the primary reasons we're in such a mess.

[Garcia Bronco]

Originally Posted by Fedaykin

Decision making based on ignorance -- one of the primary reasons we're in such a mess.

We're in such a mess because Government got involved in the first place.

[DenverBrit]

Originally Posted by Garcia Bronco

We're in such a mess because Government got involved in the first place.

Had the regulatory agencies...SEC etc. paid attention and stopped the transparent corruption and fraud, maybe we wouldn't be having this discussion.

[baja]

Stop being an Empire that will save trillions.

[Rohirrim]

I imagine if we did a little research, we'd discover all these programs have the fewest, and least well-funded lobbyists. Not one, single military program on the list. That list is so ideologically biased that it is comical.

[baja]

Originally Posted by Rohirrim

I imagine if we did a little research, we'd discover all these programs have the fewest, and least well-funded lobbyists. Not one, single military program on the list. That list is so ideologically biased that it is comical.

You noticed that too.

[Arkie]

Even if they follow through with that plan, it would take 10 years to partially eliminate just these oversights, and that's the tip of the iceberg.

[That One Guy]

Originally Posted by Rohirrim

I imagine if we did a little research, we'd discover all these programs have the fewest, and least well-funded lobbyists. Not one, single military program on the list. That list is so ideologically biased that it is comical.

Today's military is so politically bound they're a waste anyways. At this point, it's like tying a retards legs together and still expecting him to run a race.

And as for whoever posted above... we wouldn't have the fluctuations if government wasn't trying to manipulate everything so often. A simple market maintains balance whereas when government gets involved, you get things like people buying houses they can't afford and housing bubbles.

[Garcia Bronco]

Originally Posted by DenverBrit

Had the regulatory agencies...SEC etc. paid attention and stopped the transparent corruption and fraud, maybe we wouldn't be having this discussion.

Maybe...but you are still taking about a government agency. I am not against regulation or the SEC, but man...government gets involved and everything gets real complicated.

[JJJ]

Originally Posted by Rohirrim

I imagine if we did a little research, we'd discover all these programs have the fewest, and least well-funded lobbyists. Not one, single military program on the list. That list is so ideologically biased that it is comical.

At this point it doesn't matter what we cut. Just cut something.

Random indescriminate cuts are fine by me. Get a dartboard and start throwing for all I care, including entitlements and military spending, but just get going.

[baja]

Originally Posted by JJJ

At this point it doesn't matter what we cut. Just cut something.

Random indescriminate cuts are fine by me. Get a dartboard and start throwing for all I care, including entitlements and military spending, but just get going.

Don't worry our lenders will soon do it for us. As soon as the dollar is not the only currency that is used to buy oil in the world we will have no problem cutting back everything.

The greatest area of job growth will be in the undertaking business.

[W*GS]

Until spending on the military and Medicare/Medicaid/SS is brought into fiscal sanity, all the other stuff is chump change. Repubs are just being ideological.

[Spider]

well since the military and other big $$ programs wont be cut , need to find away to get some $$$ infused into the economy , maybe we can have a global bake sale or something

[Garcia Bronco]

Originally Posted by W*GS

Until spending on the military and Medicare/Medicaid/SS is brought into fiscal sanity, all the other stuff is chump change. Repubs are just being ideological.

this. this right here.

[Fedaykin]

Originally Posted by JJJ

At this point it doesn't matter what we cut. Just cut something.

Random indescriminate cuts are fine by me. Get a dartboard and start throwing for all I care, including entitlements and military spending, but just get going.

This is the type of idiocy I would expect, but come on -- do you really think randomly cutting funding is a sane thing to do? If you were in financial trouble personally, would you randomly cut your expenses? Would you be ok with the potential "random cutting" of your food budget, mortgage payment, etc.? Or would you do the sane thing, and first cut those things which were most expendable, like entertainment, vacation, etc.

Trying to dig out of a hole by mortgaging our future would put us in a worse position.

[lostknight]

Honestly, cut the entire budget, every program, across the board by 5% each of the next three years. The reason we are in this mess is because Democrats bribe republicans, and republicans bribe Democrats, and neither of them have a wit of sense about them, and partisans who will always be quick to heap hate and vitriol on their ideological opponent on command.

[Garcia Bronco]

Originally Posted by Fedaykin

This is the type of idiocy I would expect, but come on -- do you really think randomly cutting funding is a sane thing to do? If you were in financial trouble personally, would you randomly cut your expenses? Would you be ok with the potential "random cutting" of your food budget, mortgage payment, etc.? Or would you do the sane thing, and first cut those things which were most expendable, like entertainment, vacation, etc.

Trying to dig out of a hole by mortgaging our future would put us in a worse position.

We're already in a worse position. So start cutting; the aftermath is going to be ****ed either way.

[elsid13]

Originally Posted by Garcia Bronco

We're already in a worse position. So start cutting; the aftermath is going to be ****ed either way.

Cutting spending alone ain't going to do it. If we are serious about this, then it time to talk about reforming tax code, removing all tax breaks, removing subsides to all agriculture (like ethanol), increasing land/mineral/water rights to market value and place surcharges on certain luxury goods.

[Garcia Bronco]

Originally Posted by elsid13

Cutting spending alone ain't going to do it. If we are serious about this, then it time to talk about reforming tax code, removing all tax breaks, removing subsides to all agriculture (like ethanol), increasing land/mineral/water rights to market value and place surcharges on certain luxury goods.

The problem with that is if you give an inch; Congress will take a mile and those taxes will never disappear.

[Rohirrim]

Nothing will change. Give it up. We're ****ed. As long as our government is locked in a symbiotic death dance with the uncontrolled greed of corporations it will be literally impossible to change anything. And now that death dance has been codified into law by the SCOTUS. Money is free speech. The U.S. government is a commodity. This is the downfall of the whole concept of allowing everything to be decided by competing forces looking out only for their own self-interests. This is the destruction wrought when a society decides that only profit should determine its outcomes. This is where the "invisible hand" slaps you upside the head. Will the military/industrial complex, and all the politicians they own, allow government to cut its programs? How about Big Pharma? Telecommunications? Oil? Agriculture? Banks? Finance? How about more taxation? Ending loopholes? Campaign finance reform? Subsidies? We all know that all of that **** is untouchable. What we are left with is trimming the fat from the National Endowment for the Arts. One of the few programs that separate us from the monkeys.

We're the ****ing Mayans, but we just haven't reached the point yet where we walk away and let the jungle take over our monuments and temples. I wonder who was the first Visigoth to take a dump on the floor of the temple of Jupiter in Rome?

Nothing smells quite so liberating as the end of an empire.