Skip to comments.Congressional Fiscal Hawks Eye $2.5 Trillion in Spending Cuts (partial list provided)
Posted on 01/21/2011 4:52:28 AM PST by Libloather
Congressional Fiscal Hawks Eye $2.5 Trillion in Spending Cuts
by Trish Turner | January 20, 2011
You read that number right - $2.5 trillion.
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.
(Excerpt) Read more at politics.blogs.foxnews.com ...
I’m down. Let’s stop talking about it and do it.
A good start..
I hope they succeed.
I didn’t read the whole list, but what was posted above... I won’t miss any of those things. As the ad saying goes “Just Do It!”
A hawk would cut now. why wait ten years?
I’m with you. Cut all of the useless programs immediately. Those with some residual value, phase out over three years and the worthwhile programs — assuming there are any — get their budgets halved and either consolidated or eliminated in five years.
And are these numbers actual CUTS or just denials of INCREASES? That’s another cute little subterfuge the hired help like to use ...
I know a DumBO voter that was so proud his son was studying historic preservation in college. His attitude, that, this is a useful occupation shows the extent that feeding at the public trough for useless things is acceptable. Personally, I could do better with a gallon of gas and a match.
Legal Services Corporation. $420 million annual savings.
Not to mention the savings resulting from these people suing the government.
If the Congressional Republicans don’t actually cut the budget in the next two year, and merely slow it’s growth, they risk losing tea party support, and they can kiss their majority goodbye forever.
Sorry, but the more important list is “who are these ‘hawks’ and what are they really really going to do about it?”
That's half the budget!?!?!
We hope they know that. They do have to start somewhere, I agree.
But notoriously missing are EPA and Dept. of Energy.
EPA ops should be delegated to State-level if continued at all.
- Require collection of unpaid taxes by federal employees. $1 billion total savings.
This is a starting point. They've already said there'll be further cutting.
Thanks very much for posting. Defund ALL collectives, including foreign states. Let them live or die on their own. It’s 2011. Wake up.
CUT THEIR FUNDING...a little or a lot at a time...
Pretty soon they will VANISH!>..
I don’t see any Department of Education cuts in there. No reason for the feds to be involved in any K-12 program.
Factor in tax cuts for 75% of the savings and use the rest to reduce the debt.
Needs to be 5 times that.
2.5 trillion would barely cover one year’s deficit.
“Politicians just like to state the 10-year total because it sounds more impressive.”
2.5 trillion over ten years is a drop in the bucket.
They make it ten years because they know they won’t be held accountable in 10 years. If they made the promise to cut now, they know we’re watching. Politicians will be politicians.
Agreed, but this is just a start. More cutting is on the way.
“Agreed, but this is just a start. More cutting is on the way. “
Fact, or wishful thinking?