Skip to comments.Take A Chainsaw To The Budget (Stossel Gets It)
Posted on 07/31/2011 12:46:05 PM PDT by truthkeeper
On my show tonight at 10pm, I lay out a way to completely get rid of the deficit.
I don't claim to be a budget expert. But others, such as Chris Edwards at Cato and Stuart Butler at Heritage, are. They found lots of serious cuts. My staff found a few more, and put together a list that would completely balance the budget:
Defense cut by 2/3: $475 billion (Federal Budget, pg. 58)
Medicare/Medicaid*: $441 billion (Cato Institute)
Social Security Means Testing: $170 billion (Heritage Foundation)
Eliminate Dept. of Education (includes Pell Grants): $106.9 billion (Cato Institute)
Social Security*: $85.7 billion (Cato Institute)
Eliminate Dept. of Transportation: $84.8 billion (Cato Institute)
Tax Amnesty: $80 billion (Rep. Jared Polis D-Co.) Eliminate Dept. of Labor*: $78.6 billion (Department of Labor and White House)
Eliminate HUD: $60.8 billion (Cato Institute)
Eliminate Dept. of Agriculture*: $33 billion (Cato Institute)
Cut civilian employee compensation: $30 billion (Cato Institute)
Stop maintaining vacant federal property: $25 billion (Heritage Foundation)
Eliminate Foreign Aid: $21.2 billion (Cato Institute)...
Read more: http://www.foxbusiness.com/on-air/stossel/blog/2011/07/29/take-chainsaw-budget-2#ixzz1TiFM9jWd
(Excerpt) Read more at foxbusiness.com ...
Ohhhh, if only, if only...
“Defense cut by 2/3: $475 billion”
I support it!
And just to show that I am not being crazy partisan, the Defense dept cuts hurt as do SS Means Testing
But it is a shared sacrifice
Stossel cuts the defense budget more than anything else and is he really proposing that we cut the defense budget by 2/3. If so, that’s crazy talk.
I am forced by law to pay into SS. But, if I was wise enough to plan for my retirement, I can't collect?
I don't think so!!!
Only those who pay into SS should be permitted to collect.
Medicare/Medicaid*: $441 billion (Cato Institute)
Social Security Means Testing: $170 billion (Heritage Foundation)
Social Security*: $85.7 billion (Cato Institute)
Will NEVER happen. If even folks on FR are against losing out on the above govt gravy its pretty much a dead letter. Sad but true.
I know, I was scratching my head over that too. ??
We spend about $400 billion on public welfare. That is insane. How much of that reaches the “poor”?
My proposal would merge all welfare bureaucracies into a single entity. No more free phones, no more section 8, no more food stamps etc. Just a monthly cash payment you have to show up to recieve (and be subject to background checks and surprise home “audits” to see if you are actually poor)
When obama stops including the USA in wars, then they can talk about cutting defense.
As the world gets smaller, the area covered by the Monroe Doctrine gets bigger. And thankfully so.
Cut EPA, NPR, PPP and other pork before even THINKING of cutting defense!
I agree too as long as it is everyone taking a hit not just a few. We all live in families and we know how to sacrifice for the better cause, to work together to make tough things less painful.
We need major surgery, not a band aid! This overspending is like a tumor and if we don’t cut it out it will kill us.
We’re screwed and I can tell you why with one question: What would the people that currently get the money we would be saving do if we really cut as he suggested?
The other strategy is a combination of sturdy geographic boundaries (sea); strategic deterrent (ICBM with nukes); and a citizenry that will be armed and restive against insurgents. Most of what our armed forces are doing overseas is "nationbuilding," (more like plantation building for the elites) and that of other people's nations.
As for war on our soil, I dare an invader to bring it on. The way things are going, the enemy is within, and our resources are without.
I can’t accept that much of a cut in defense. I could if other countries were pulling their weight (Canada, UK, Frants, Germany, et al.), and thus the USA didn’t have to do so much, but they aren’t.
Otherwise, I’m probably in agreement.
I prefer that hostiles not even contemplate invading America and the best way to do that is to keep our troops close by to those who might consider doing America harm.
Ummm, things have changed substantially from that time. I hope you are able to stragegize from current circumstances. -- Since then, the Monroe Doctrine has served us well ... --
The Monroe Doctine involved a geographic limitation. We have NOT been following it.
-- I prefer that hostiles not even contemplate invading America ... --
Me too, but they are here. My strategy involved massive destructive deterrant (nukes), and a "FU" attitude among a fighting populace.
-- the best way to do that is to keep our troops [away from the country] --
I disagree, moneyspender.
Cut THIS sh*t!!!!
BILLIONS FOR JIHAD!
Obamas 2009 Supplemental Appropriations for Iraq, Afghanistan, Pakistan, and Pandemic Flu was revised and passed by the full committee.
It gives billions http://creepingsharia.wordpress.com/2009/05/1...
of U.S. taxpayer dollars to countries and entities that support Sharia law and/or harbor, hide and support those who want to destroy the U.S. and our allies.
Read the summary from David Obeys office that was quietly released last week with nary a word from any media.
$3.6 billion, matching the request, to expand and improve capabilities of the Afghan security forces
$400 million, as requested, to build the counterinsurgency capabilities of the Pakistani security forces
Afghanistan:$1.52 billion,$86 million above the request
West Bank and Gaza:$665 million in bilateral economic, humanitarian, and security assistance for the West Bank and Gaza
Jordan:$250 million,$250 million above the request, including $100 million for economic and $150 million for security assistance
Egypt:$360 million,$310 million above the request, including $50 million for economic assistance,$50 million for border security, and $260 million for security assistance
Pakistan:$1.9 billion,$591 million above the request
Iraq:$968 million,$336 million above the request
Oversight:$20 million,$13 million above the request, to expand oversight capacity of the State Department, USAID, and the Special Inspector General for Afghanistan to review programs in Afghanistan, Pakistan and Iraq
International Food Assistance:$500 million,$200 million above the request, for PL 480 international food assistance to alleviate suffering during the global economic crisis
Refugee Assistance:$343 million,$50 million above the request, including humanitarian assistance for Gaza. Funding for the UN Relief and Works Agency programs in the West Bank and Gaza is limited to $119 million (Note: Gaza = Hamas)
Disaster Assistance:$200 million to avert famines and provide life-saving assistance during natural disasters and for internally displaced people around the world, including Somalia, Zimbabwe, Ethiopia, the Middle East and South Asia
Peacekeeping:$837 million for United Nations
peacekeeping operations, including an expanded mission in the Democratic Republic of the Congo and a new mission in Chad and the Central African Republic
Department of Justice:$17 million, matching the request, for counter-terrorism activities and to provide training and assistance for the Iraqi criminal justice system
Obama gives your tax dollars to rebuild Muslim mosques around the world
ACCORDING TO THE ASSOCIATED PRESS, THE OBAMA ADMINISTRATION WILL GIVE AWAY NEARLY $6 MILLION OF AMERICAN TAX DOLLARS TO RESTORE 63 HISTORIC AND CULTURAL SITES, INCLUDING ISLAMIC MOSQUES AND MINARETS, IN 55 NATIONS. See the State Department document here.
What we need is a “Taxes” Chainsaw Massacre....
We have been following the Monroe Doctrine since its inception. In the 1800s, the threat to us was from foreign powers using South and North America as a base to attack us from. Since then, we have made it progressively harder for foreign powers to do that by first winning the Mexican-American War, then purchasing Alaska and ultimately at the end of the 19th century by annexing Hawaii.
However, technology has made the world smaller and the Atlantic and Pacific oceans are not the barriers they used to be - as was perhaps best demonstrated when the Japanese attacked Pearl Harbor.
As a result, because technology has made the world smaller, the geography covered by the thinking behind the Monroe Doctrine has progressively gotten bigger.
Taking a bite out Hawaii is a far cry from taking the continental US.
And as history demonstrated, America's power in retribution is formidable. That, without more (as long as it is recalled and credible), is a deterrent.
Which countries, in your mind, are credible threats to the 50 US states?
Mind you, I am all for a strong defense. And, as you appear to be a student of military, infantry is what it takes to hold a country. Not that I want a war on US soil, but what country in its right mind would mount a war against heavily armed and angry citizens?
I can't predict the future, but 10 years ago a group of people in Afghanistan planned and carried out an attack that resulted in the death of 2,900 Americans on American soil. After that happened, we didn't fight the attackers here in the United States. Instead, we took the fight to them in Afghanistan. And ultimately, we killed their leader in Pakistan earlier this year. If we didn't have troops overseas, it would have been pretty hard to do that stuff.
I would cut 1/2 of all senators. One per state only.
I would cut 1/2 of all congresscritters.
I would cut all CAFE standards.
I would eliminate all state and federal taxes on gasoline and oil.
I would eliminate all non-congressional passed “laws”, i.e. regulations that eminated from non-elected government hacks.
I would eliminate all income tax - federal and state. I know how to spend my money !
FEMA - Gone !
EPA - Gone !
HUD - Gone !
DOE - Gone !
ETC. - Gone !
Happy mood again in my fantasy world, thank you !!
Eliminate Dept. Education and Dept. of Energy.
Pull out of NATO and UN
Pull out of Korea\Iraq\Afghanistan
Stop foreign aid to Mideast and Asia.
Only if we bring all our troops back from everywhere and put those remaining after cuts on the border and at seaports. Highly accurate MIRVed nukes would stay, 'cause if it ain't worth nukes, it ain't worth fightin' over!
Excising the cancer may mean having to water the Tree of Liberty.
That's got to be a typo or goof. The referenced article talks about pg. 58 of a Federal Budget document. When I pull the document up it runs to all of 5 pages.
Not Obama's America; that is why he is desperate to disarm us!
Eliminate foreign aid? How is the Palestinian Authority gonna make it without $600,000,000 of our taxes? How is that great friend of America, Egypt, gonna make it without a few billion dollars of our cash? or China, or Cuba? or Nigeria?
I was just at a government site and the typical laziness is there just like every other fed operation. The fed. manager was saying how he was in on a meeting of a crew of workers, and the boss was pleading with them to “at least give me 4 hours of work a day and we can get this back on schedule.” But they are all union so impossible to fire, and the boss could get charged for harrassment if he does any more than plead. Although layoffs are coming.
Oh - they “work” 10-hour days with Friday off. So out of a 10 hour day, perhaps 1 to 3 hours of actual work gets done.
As a start, firing 50% of the workers next week should be done. Give the rest of them a month’s notice half of the remaining folks will also be canned. That would go a long way at shrinking the debt.
Oh, by the way. My work was being done near a huge facility that is being torn down. Out in the desert, but somehow affects the indians religous practices. Millions and millons being spent to tear down old buildings that no one ever sees. Heck - just leave it there and let it decay - turn it into a museum of what greatness was once like in America. But no - have to bring it back to it’s natural state of sand and sage brush.
After all, if grandma has to give up more of her Social Security check surely others can “share the sacrifice” too.
1. Cap all federal employees, elected and appointed, to $100K/year.
2.No pension, except what you put into a 401k, with a 6% match.
3. Limit staffers to 3, including one in district/state.
4. All unspent campaign funds are turned over to the Treasury.
I am OK with giving up tax deductions on mortgages and charitable giving if that means a flatter and lower tax rate.
Let us say 15% flat tax rate with a $10K per person deduction. That is it.
This way a family of four that makes $40k pays zero tax. So it is still pretty “progressive” for our progressive friends.
However, an upper middle class family of four that makes $250K, now pays $250-40 = $210K x 0.15 = $31,500 in Federal Taxes.
Now, they dont get a mortgage deduction but then their overall tax bill is relatively low
This way seniors and fixed income people will end up paying little to no tax and still the top 10% of americans will pay over 90% of the tax
I have to agree. That can't be right, can it?
I would cut 1/2 of all congresscritters.
Err, you are familiar with the United States having a Constitution, are you not? If not, you truly do live in a fantasy world.
Just my wish list possum.
“This way a family of four that makes $40k pays zero tax.
This way seniors and fixed income people will end up paying little to no tax and still the top 10% of americans will pay over 90% of the tax.”
What part of that seems like a good idea ?? EVERYBODY needs to pay painful tax rates to get EVERYBODY to care about how wasteful government is. You’ve just turned a majority of the populace into freeloaders who couldn’t care less what government does because they only benefit from additional government and don’t actually pay for it.
We already have a system that punishes success and rewards failure, and you want to make it worse.
$475B in cuts presumably comes from eliminating all the Overseas Discretionary Operations (Iraq&Afghan) of $160B and reduces the $388B (Procurement of $112B, R&D of $76B, Operation and Maintenance of $200B) to only $73B.
The $250B remaining after cuts still pays for all Military Personnel $138B, plus the $73B above, plus another $40B miscellaneous. Probably that $138B on personnel would drop considerably without Iraq & Afghan. The FY2000 Defense budget was only $267B including all the foreign bases. Inflation to 2011 would make that $267B into $349B today, yet we are over double that.
So really, closing foreign bases and the concomitant personnel reduction only has to produce a $100B decrease compared to our inflation adjusted FY2000 $349B budget.
It doesn’t sound all that impossible if we assume closure of all foreign bases and an end to policing the world with ground forces.
2011 Defense Spending (in millions$)
Discretionary Base budget authority:
Military Personnel ..................................................................................... 138,541
Operation and Maintenance ...................................................................... 200,248
Procurement ............................................................................................. 112,873
Research, Development, Test and Evaluation .......................................... 76,131
Military Construction ................................................................................. 16,924
Family Housing ......................................................................................... 1,822
Revolving and Management Funds .......................................................... 2,380
Subtotal, Discretionary Base budget authority ................................................ 548,919
Discretionary Overseas Contingency Operations (OCO) budget authority:
Requested (2011 includes $254 million in U.S. Coast Guard funding) ..... 159,336
Subtotal, Discretionary OCO budget authority ................................................ 159,336
Total, Discretionary budget authority (Base and OCO) ................................... 708,255
Total, Discretionary Outlays (Base and OCO) ................................................ 714,428
Memorandum: Outlays from American Recovery and Reinvestment Act ...................... 2,491
Existing law .................................................................................................. 3,959
Legislative proposal .....................................................................................408
Total, Mandatory outlays ................................................................................ 4,367
Total, Outlays ................................................................................................. 718,795
Cut: 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.
Freedom CAR 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. (1931 US Federal Law which established the requirement for paying prevailing wages on public works projects. All federal government construction contracts, and most contracts for federally assisted construction over $2,000, must include provisions for paying workers on-site no less than the locally prevailing wages and benefits paid on similar projects.)
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. WHAT!!!
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. Lord help us!!!
Eliminate Mohair Subsidies. $1 million annual savings. MOHAIR??
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.
Eliminate 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 My question is, what THE HELL is all this doing in the budget in the first place?
“However, technology has made the world smaller and the Atlantic and Pacific oceans are not the barriers they used to be - as was perhaps best demonstrated when the Japanese attacked Pearl Harbor.”
This cuts both ways. We don’t need to maintain foreign bases manned with hundreds of thousands of personnel to strike anywhere in the world. Carrier groups can keep us in range of any of our potential enemies. ICBMs and B2s give us striking range from our own territories to anywhere on the planet. Drones piloted from Edwards can hunt down terrorists anywhere, and can be logistically supported from very small Naval ships.
Boots on the ground is expensive knee-jerk political correctness, pretending populations that support terrorists will “like” us if we meet them on a level playing field mano a mano rather than bomb them into the stone age from a distance. We need to treat terrorists as representing their native countries, give their governments a chance to deal with their “criminals” themselves or face our full wrath as though the country itself had attacked us.
That's what means testing means.
Only those who pay into SS should be permitted to collect.
Only those who pay net taxes should be able to vote.
Why..they would go on government assistance of course! That is why there is a need for cutting it all gradually..so the system can absorb the shock without the entire economic house collapsing.
It's easy to dismiss individual programs that benefit non-citizens until they're put together and this picture emerges. Someone did a lot of research to put together all of this data. [the CNN links don't seem to be working at this time; sorry; I'm sure they can be verified]
Often these programs are buried within other programs making them difficult to find.
You think the war in Iraq is costing us too much? Boy, was I confused. I have been hammered with the propaganda that it is the Iraq war and the war on terror that is bankrupting us. I now find that to be ridiculous.
I hope the following 14 reasons are forwarded over and over again until they are read so many times that the reader gets sick of reading them. I also have included the URL's for verification of all the following facts...
1. $11 Billion to $22 billion is spent on welfare to illegal aliens each year by state governments. Verify at: http://www.fairus.org/site/PageServer?pagename=iic_immigrationissuecenters7fd8
2. $2.2 Billion dollars a year is spent on food assistance programs such as food stamps, WIC, and free school lunches for illegal aliens. Verify at: http://www.cis.org/articles/2004/fiscalexec.HTML
3. $2.5 Billion dollars a year is spent on Medicaid for illegal aliens. Verify at: http://www.cis.org/articles/2004/fiscalexec.HTML
4. $12 Billion dollars a year is spent on primary and secondary school education for children here illegally and they cannot speak a word of English!
5. $17 Billion dollars a year is spent for education for the American-born children of illegal aliens, known as anchor babies. Verify at http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.HTML
6. $3 Million Dollars a DAY is spent to incarcerate illegal aliens. Verify at: http://transcripts.cnn.com/%20TRANscriptS/0604/01/ldt.01.HTML
7. 30% percent of all Federal Prison inmates are illegal aliens. Verify at: http://transcripts.CNN.com/TRANscriptS/0604/01/ldt.01.HTML <http://transcripts ..
9. $200 Billion dollars a year in suppressed American wages are caused by the illegal aliens. Verify at: http://transcripts.cnn.com/TRANSC%20RI%20PTS/0604/01/ldt.01.HTML
10. The illegal aliens in the United States have a crime rate that's two and a half times that of white non-illegal aliens. In particular, their children, are going to make a huge additional crime problem in the U.S. Verify at: http://transcripts.cnn..com/TRANscriptS/0606/12/ldt..01.HTML <;
11. During the year of 2005 there were 4 to 10 million illegal aliens that crossed our Southern Border also, as many as 19,500 illegal aliens from terrorist countries. Millions of pounds of drugs, cocaine, meth, heroin and marijuana, crossed into the U.S. from the Southern border. Verify at: Homeland Security Report:
12. The National Policy Institute estimated that the total cost of mass deportation would be between $206 and $230 billion or an average cost of between $41 and $46 billion annually over a five year period. Verify at: http://www.nationalpolicyinstitute..org/PDF/deportation.PDF
14. 'The Dark Side of Illegal Immigration: Nearly One million sex crimes Committed by Illegal Immigrants In The United States. Verify at: http: // www.drdsk.com/articleshtml <; http://ww/ % 20w.drdsk.com/articleshtml <;
The total cost is a whopping $338.3 billion dollars a year and if you're like me having trouble understanding this amount of money; it is $338,300,000,000.00 which would be enough to stimulate the economy for the citizens of this country.
Good post. Thanks
A lot of those on government assistance would be the ones losing their money, I think. And we all know what a sense of entitlement, and a loss of your check, can mean to your “riot/looting” tendency. ;-)