The RSC budget's out. The quick synopsis: it's great, but it has the chance of a snowball in hell. It's here as a Word document. The highlights:
-It's boldly titled the "Contract for America Renewed." It apparently takes this title from its heavy reliance on a 1995 Contract for America budget, H.Con.Res. 67, which the House passed.
-Eliminate USAID, Millenium Challenge Accounts, and assistance to Egypt. That saves about $32-33 billion over five years.
-Eliminate the space shuttle and President Bush's Mars/Moon initiative. Good riddance to both. Savings: about $18 billion over five years.
-Eliminate Amtrak, the transportation bill earmarks, and the essential air service; privatize the FAA; and devolve federal highway aid. Savings: about $72 billion over five years.
-Eliminate Community Development Block Grants. $21 billion over five years.