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01-22-2011, 02:43 AM | #1 |
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http://dailycaller.com/2011/01/20/ho...spending-cuts/
House GOP conservatives set to unveil $2.5 trillion in deep spending cuts By Jon Ward - The Daily Caller | Published: 1:11 AM 01/20/2011 | Updated: 2:57 AM 01/21/2011 By Jon Ward - The Daily Caller A number of the House GOP’s leading conservative members on Thursday will announce legislation that would cut $2.5 trillion over 10 years, which will be by far the most ambitious and far-reaching proposal by the new majority to cut federal government spending. Rep. Jim Jordan of Ohio, the chairman of the Republican Study Committee, will unveil the bill in a speech at the Heritage Foundation on Thursday morning. Jordan’s bill, which will have a companion bill introduced in the Senate by Sen. Jim DeMint, South Carolina Republican, would impose deep and broad cuts across the federal government. It includes both budget-wide cuts on non-defense discretionary spending back to 2006 levels and proposes the elimination or drastic reduction of more than 50 government programs. Jordan’s “Spending Reduction Act” would eliminate such things as the U.S. Agency for International Development and its $1.39 billion annual budget, the $445 million annual subsidy for the Corporation for Public Broadcasting, the $1.5 billion annual subsidy for Amtrak, $2.5 billion in high speed rail grants, the $150 million subsidy for the Washington Metropolitan Area Transit Authority, and it would cut in half to $7.5 billion the federal travel budget. But the program eliminations and reductions would account for only $330 billion of the $2.5 trillion in cuts. The bulk of the cuts would come from returning non-defense discretionary spending – which is currently $670 billion out of a $3.8 trillion budget for the 2011 fiscal year – to the 2006 level of $496.7 billion, through 2021. |
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01-22-2011, 08:54 AM | #2 |
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Boehner is reportedly having a tough time explaining to the conservative faction that produced these proposed cuts that there's a budget process.
The spending authority of the last congress doesn't expire until March. Only then can new budget proposals be considered. And by then, there's only six months left in the annual budget cycle. The conservative wing is arguing that they made a promise to cut $100 million this year. But it's impossible to cram that amount of cuts into what's left of the budget year without doing a lot of damage to essential and critical programs and services. That's a place Boehner and Ryan don't want to go, because it's just an arbitrary number that felt good to campaign on. And the aftermath could carry political consequences for the GOP not unlike the aftermath of the Gingrich government shutdown. |
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01-22-2011, 09:53 AM | #3 |
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01-22-2011, 12:56 PM | #4 |
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Even if they manage to pass, at some point, legislation dictating across-the-board reductions, it will be fun to watch them try to figure out exactly where they'll cut. I envision the newbies proposing cuts that will hurt districts of established representatives, with a quick fracturing of their side.
Boehner's lifetime dream may quickly become a nightmare. |
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01-22-2011, 05:55 PM | #5 |
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This is why the GOP should never have elected John Boener as House Speaker. He and many of the leaders of the GOP revere Congress as an institution, it doesn't occur to them that it is possible to go outside of or discard completely as Richard puts it the "budget process". That if any thing is what the so-called Tea Party is about -- Discarding the way Washington works. It is actually a very similar thing in that respect to what Candidate Obama promised in 2008.
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01-22-2011, 06:00 PM | #6 |
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From an interview with NBC's Brian Williams:
WILLIAMS: Name a program right now that we could do without. BOEHNER: I don’t think I have one off the top of my head. http://reason.com/blog/2011/01/07/me...boehner-if-you Cripes!!! Boehner is a POG (Party of Government) |
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