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Author Topic: House GOP conservatives set to unveil $2.5 trillion in deep spending cuts  (Read 1770 times)

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Offline formerlurker

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House GOP conservatives set to unveil $2.5 trillion in deep spending cuts
« on: January 22, 2011, 07:25:00 PM »
http://dailycaller.com/2011/01/20/house-gop-conservatives-set-to-unveil-2-5-trillion-in-deep-spending-cuts/print/

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House GOP conservatives set to unveil $2.5 trillion in deep spending cuts
By Jon Ward - The Daily Caller   1:11 AM 01/20/2011

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.
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Offline thundley4

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Re: House GOP conservatives set to unveil $2.5 trillion in deep spending cuts
« Reply #1 on: January 22, 2011, 08:43:58 PM »
In the meantime, Lord Zero is going to call for MORE SPENDING in the SOTU speech.
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Offline DumbAss Tanker

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Re: House GOP conservatives set to unveil $2.5 trillion in deep spending cuts
« Reply #2 on: January 23, 2011, 08:38:51 AM »
Quote from: thundley4 on January 22, 2011, 08:43:58 PM
In the meantime, Lord Zero is going to call for MORE SPENDING in the SOTU speech.

Exactly...or, in other words, "...to be offset by 2.5 trillion in new spending to be announced by the President Tuesday."
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Offline JohnnyReb

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Re: House GOP conservatives set to unveil $2.5 trillion in deep spending cuts
« Reply #3 on: January 23, 2011, 08:53:06 AM »
Quote from: DumbAss Tanker on January 23, 2011, 08:38:51 AM
Exactly...or, in other words, "...to be offset by 2.5 trillion in new spending to be announced by the President Tuesday."

We should go on strike.........Hey, it works for the DUmmies... :rotf:
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Online DefiantSix

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Re: House GOP conservatives set to unveil $2.5 trillion in deep spending cuts
« Reply #4 on: January 23, 2011, 01:18:24 PM »
Quote from: JohnnyReb on January 23, 2011, 08:53:06 AM
We should go on strike.........Hey, it works for the DUmmies... :rotf:

Making photocopies of my hands right now.  :rotf:
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Offline TexasCop

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Re: House GOP conservatives set to unveil $2.5 trillion in deep spending cuts
« Reply #5 on: January 23, 2011, 01:38:45 PM »
They only list a few programs that would get the axe.  At face value, you look at that and say, "Man, Democrats in the Senate would be morons to vote against that!"  But I'll bet there are a lot of programs included in this proposal that will prevent passage in the Senate.  However, I think that's the genius of it all.  It will show the American people that the Democrats are the true obstructionists to balancing our budget.  Remember, it's not just the White House up for grabs next year....we can also take the Senate.  I get giddy when I think about this election cycle because I see GREAT things coming our way!
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