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.
**SNIP**
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 ...
“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?
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