Sen. Rand Paul (R-KY) has proposed a budget that will cut $500
billion in federal spending in one year. (Important caveat: It has
not to my knowledge been independently scored.) Paul would abolish
the Departments of Education, Energy, and Housing and Urban
Development, completely zeroing out federal housing spending.
The Affordable Housing Program, the Commission on Fine Arts, the
Corporation for Public Broadcasting, the National Endowment of
Arts, the National Endowment for Humanities, the State Justice
Institute, and the Consumer Product Safety Commission are all
eliminated. The Smithsonian is privatized. The defense budget is
also cut, by the 6 percent decrease is less than the reductions in
most domestic spending. Most other discretionary spending is rolled
back to 2008 levels, in a single year rather than over a lengthy
period of time.
I’ll have more to say about all this later once I’ve looked at
the Paul budget in greater detail. But it wouldn’t hurt if Paul
Ryan’s State of the Union response represented mainstream
Republican thinking on fiscal policy and the Tea Party, symbolized
tonight by Michelle Bachmann, took a page from Paul.
Sean| 1.25.11 @ 10:38PM
This would be a good start, but I am sure Cantor is more concerned about sitting next to Nancy at a speech. The Republican leadership will cut a few billion, and then spending will go up again.
Bkackwatch| 1.25.11 @ 10:48PM
Sean I fear you are right.
Blackwatch| 1.25.11 @ 10:49PM
Oops I spelled my handle incorrectly. My apologies to "Bkackwatch" for stealing his handle.
Clint| 1.26.11 @ 12:05AM
Tea Party Senator Dr. Rand Paul's "Cut Federal Spending Act of 2011 Walks The Talk and lays out a serious deficit spending cuts plan.
Walk Your Talk.
The Tea Party Rebellion Escalates.
Rise Up Now.
Carpe Diem.
Steve| 1.26.11 @ 4:36AM
Seriously... Rand Paul's proposed $500 Billion cut in spending is all that conservatives should be talking about now. Paul Ryan's Roadmap is a prius while Rand Paul's proposal is a Ferrari.
Sean| 1.26.11 @ 7:56AM
Rand Paul is going to expose the Republican leaderships colors. Republicans control the House and thereby spending. If the budget doesn't get balanced they can't blame anyone else.
Mimi| 1.26.11 @ 8:03AM
I.... and I'm sure, many folks fell asleep at the "O"s SOTUS speech last night. This A.M. I read Paul Ryan's speech....WOW ! Now there's one TRUTHFUL leader....Gave us the WHY and the HOW of our fiscal woes. Took the chance to explain some conservative concepts to boot! This NEW Congress is really looking good to me!!!
Mimi| 1.26.11 @ 9:20AM
Just viewed Rand Paul's speech... was much impressed..... Boy, these YOUNG-GUNS are terrific!!!
Too Many Tims| 1.26.11 @ 10:26AM
Republicans don't want to cut anything, and guys like Paul are swimming against the current. Good luck.
Jason| 1.28.11 @ 12:47PM
To demonstrate how bad the problem is, this 500 billion dollar cut only reduces the DEFICIT spending, by 33%. This means that even if everyone embraced Paul's budget, we would still spend more than a TRILLION dollars we don't have. If Republicans don't support this measure then they lied to us about a balanced budget amendment. Anyone who doesn't vote for this should be thrown out of office as quickly as possible!