Here's How Conservatives Want to Save $2.5 Trillion
Folks have been asking, so here is a breakdown of the spending cuts the RSC thinks it can achieve over 10 years for $2.5 trillion in savings. I've listed them in ascending order by dollars. Unless I say otherwise, the estimate is for annual savings.
John C. Stennis Center subsidy: $430,000
Mohair subsidies: $1 million
Exchange programs for Alaska, native Hawaiians, and their trading partners in Mass: $9 million
Subsidies to UN panel on climate change: $12.5 million
USDA sugar program: $14 million
International Fund for Ireland: $17 million
Woodrow Wilson Center subsidy: $20 million
Heritage Area Grants and Statutory Aid: $24 million
Save America's Treasures Program: $25 million
Ready to Learn TV program: $27 million
Halving funding for congressional printing: $47 million
Energy Star program: $52 million
US Trade Development Agency: $55 million
National Organic Certification cost-share program: $56.2 million
Technology Innovation Program: $70 million
Appalachian regional commission: $76 million
Subsidy to OECD: $93 million
Beach replenishment: $95 million
Manufacturing Extension Partnership program: $125 million
Subsidy for DC's WMATA: $150 million
NEA: $167.5 million
NEH: $167.5 million
FreedomCAR and fuel partnership: $200 million
Market Access Program: $200 million
Assistance to District of Columbia: $210 million
Hope VI program: $250 million
Aid to Egypt: $250 million
Economic development administration: $293 million
Title X family planning: $318 million
Legal Services Corporation: $420 million
Corporation for Public Broadcasting subsidy: $445 million
DOE grants for weatherization: $530 million
20% cut to federal vehicle budget: $600 million
Presidential campaign fund: $775 million over 10 years
Federal office space acquisition: $864 million
"Obamacare administrative costs": $900 million
Collect unpaid taxes from federal employees: $1 billion
Repeal of Davis-Bacon: "More than $1 billion"
Programs under National and Community Services Act: $1.15 billion
Prohibit union activities by federal employees: $1.2 billion
Applied research at DOE: $1.27 billion
Eliminating duplicative education programs: $1.3 billion
USAID: $1.39 billion
Amtrak subsidies: $1.565 billion
Introducing IRS direct deposit: $1.8 billion
New Starts Transit: $2 billion
Intercity and high speed rail grants: $2.5 billion
Community Development Fund: $4.5 billion
Halving federal travel budget: $7.5 billion
Selling off excess federal property: $15 billion
Repealing Medicaid FMAP increase: $16.1 billion
Privatizing Fannie and Freddie: $30 billion
Eliminating the rest of the stimulus: $45 billion
John C. Stennis Center subsidy: $430,000
Mohair subsidies: $1 million
Exchange programs for Alaska, native Hawaiians, and their trading partners in Mass: $9 million
Subsidies to UN panel on climate change: $12.5 million
USDA sugar program: $14 million
International Fund for Ireland: $17 million
Woodrow Wilson Center subsidy: $20 million
Heritage Area Grants and Statutory Aid: $24 million
Save America's Treasures Program: $25 million
Ready to Learn TV program: $27 million
Halving funding for congressional printing: $47 million
Energy Star program: $52 million
US Trade Development Agency: $55 million
National Organic Certification cost-share program: $56.2 million
Technology Innovation Program: $70 million
Appalachian regional commission: $76 million
Subsidy to OECD: $93 million
Beach replenishment: $95 million
Manufacturing Extension Partnership program: $125 million
Subsidy for DC's WMATA: $150 million
NEA: $167.5 million
NEH: $167.5 million
FreedomCAR and fuel partnership: $200 million
Market Access Program: $200 million
Assistance to District of Columbia: $210 million
Hope VI program: $250 million
Aid to Egypt: $250 million
Economic development administration: $293 million
Title X family planning: $318 million
Legal Services Corporation: $420 million
Corporation for Public Broadcasting subsidy: $445 million
DOE grants for weatherization: $530 million
20% cut to federal vehicle budget: $600 million
Presidential campaign fund: $775 million over 10 years
Federal office space acquisition: $864 million
"Obamacare administrative costs": $900 million
Collect unpaid taxes from federal employees: $1 billion
Repeal of Davis-Bacon: "More than $1 billion"
Programs under National and Community Services Act: $1.15 billion
Prohibit union activities by federal employees: $1.2 billion
Applied research at DOE: $1.27 billion
Eliminating duplicative education programs: $1.3 billion
USAID: $1.39 billion
Amtrak subsidies: $1.565 billion
Introducing IRS direct deposit: $1.8 billion
New Starts Transit: $2 billion
Intercity and high speed rail grants: $2.5 billion
Community Development Fund: $4.5 billion
Halving federal travel budget: $7.5 billion
Selling off excess federal property: $15 billion
Repealing Medicaid FMAP increase: $16.1 billion
Privatizing Fannie and Freddie: $30 billion
Eliminating the rest of the stimulus: $45 billion
And House conservatives also want to keep non-defense discretionary spending at 2006 levels in the long run, which they say will make up the remaining cuts.
the big ones: most of the $787B stimulus package, such as aid to the states, expired at the end of 2010, so i'm guessing the $45B left would include stuff like infrastructure projects that have a longer time horizon...
ReplyDeletemedicaid isnt just medical, its your entire safely net for the poor, including family & childrens services, et al...set up & administered by the states, it looks like they want to cut the federal contribution, which i believe normally matches those of the state...