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The Spectacle Blog
The Daily Caller’s Jon Ward reports on a new spending measure proposed by the Republican Study Committee that would reduce spending by $2.5 trillion over 10 years. The savings would come from eliminating or drastically reducing the funding of numerous government agencies and programs, such as the U.S. Agency for International Development and the subsidy for Amtrak, in addition to capping non-defense discretionary funding at 2006 levels. The Republicans’ campaign Pledge to America, in contrast, would have held spending to 2008 levels, which were significantly higher.
Jim Jordan of Ohio, the chairman of the RSC, will introduce the bill in the House, and Sen. Jim DeMint will introduce a companion bill in the Senate. Of course, President Obama would never sign such a bill even if it reached his desk, which is also extremely unlikely.
View all comments (8) | Leave a comment
More Blog Posts by Joseph Lawler
http://spectator.org/blog/2011/01/20/republican-study-committee-bre
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Al Adab| 1.20.11 @ 12:25PM
More power to them we wish the committee well. Entire agencies, those whose regulatory powers impede economic growth, should be closed. Redundant military projects should be eliminated while our field force ability (including Naval and Air) need strengthening.
Government is not the genie of the lamp to fulfil all our wants and wishes. It is time we recognize it.
Curly Smith| 1.20.11 @ 12:27PM
That sounds impressive until you realize that the projected 10-year spending is over $40 trillion (the cuts thus represent at most 6.25%) and you read this article (
http://www.washingtontimes.com.....90-of-gdp/ ) and find that "President Obama's fiscal 2011 budget will generate nearly $10 trillion in cumulative budget deficits over the next 10 years". So the cuts will result in a 10-year cumulative budget deficit of only $7.5 trillion and they'll do nothing to pay down the existing $14 trillion in debt.
A nice start but trillions to cut before I sleep.
Richard Baker| 1.20.11 @ 12:36PM
Can I sharpen the axe (double-headed, I hope)? Hope there's a Paul Bunyan among these folks. Either we get this fiscal nightmare under control or we will have starved the Golden Goose which has been America.
martin j smith| 1.20.11 @ 1:03PM
The problem of our debt was not created by Obama alone and it will not be easily fixed. Support all efforts to be responsible but do not expect everything to fall in place immediately. Some posters I think are really unrealistic,some are frauds and some who knows. The point if the Tea Party/Republican /Conservatives can have a start and force the Dems to behave that will be good.
Richard Baker| 1.20.11 @ 1:56PM
Martin:
The effectiveness of the House efforts will be echoed by the sheer decibel level of the lefties in opposition. Agree that this is a governmental mess and guilt can be laid on both sides of the aisle. Regardless, the journey begins. Let the screaming commence.
Mark in LA| 1.20.11 @ 2:47PM
We could also close some of our almost 800 foreign military bases. We could bring the troops home from Germany, Japan, and South Korea.
PattyMor| 1.20.11 @ 5:08PM
No we need to start with the base in Bosnia. Then on the bases scattered throughout Western Europe. Close at least half of them, especially the ones in countries that would not let us fly over their terrority when we bombed Libya.
Le ave the hospital in Germany.
Under the negotiation for the debt ceiling, the Repubs. should be able extract major concessions, including big reductions in the EPA, Interior, OSHA, and FCC. These are agencies terrorizing business.
jharp| 1.20.11 @ 7:15PM
$2.5 trillion over 10 years? Really?
And the Speaker of the House, John Boehner, when asked, couldn't name one cut.
God you people are stupid.