The conservative Republican Study Committee has released a document identifying $2.5 trillion in cuts over 10 years, a tangible list of programs conservatives would like to eliminate. This represents the right flank in the upcoming debate over spending that will consume much of the first year of this Congress.
The plan would reduce “non-security discretionary spending,” in other words the federal budget except for the biggest parts of the federal budget (Medicare, Social Security, the Pentagon), to 2008 levels for the rest of 2011 (which would require a cut of $80 billion this year alone), and 2006 levels from 2012 and beyond. There are repeals of “excess stimulus funds” and the FMAP increase passed last year, which save $61 billion, according to their numbers. Here are some of their other trims:
Cutting the federal workforce by 15 percent through attrition, and do this by allowing only one new federal worker for every two who quit.
Killing the “fund for Obamacare administrative costs” for $900 million
Ending Amtrak subsidies for $1.565 billion
Ending intercity and high speed rail grants for $2.5 billion
Repealing Davis-Bacon for $1 billion
Cutting annual general assistance to the District of Columbia by $210 million, and cutting the subsidy for DC’s transit authority by $150 million.Reforms that go after their own perks:
Cutting the Federal Travel Budget in half, for $7.5 billion
Cutting the Federal Vehicle Budget by 1/5, for $600 million
Halve funding for congressional printing – $47 million annual savings
Ending the death gratuity for members of CongressAnd cuts that get revenge for Juan Williams: $445 million from the Corporation for Public Broadcasting, $167.5 million from the NEA, and $167.5 million from the NEH.
There’s also $30 billion conjured up from privatizing Fannie Mae and Freddie Mac. I don’t really get that either.
When asked by Dave Weigel how many jobs would be eliminated by cutting funding to these priorities, head of the Republican Study Committee and future high school football assistant coach Jim Jordan (R-OH) said, “We think if you reduce federal government spending, you actually create jobs.” It must comfort him at night. It’s based on nothing, but it must make it easier to sleep. Talking point Ny-Quil.
While the above cuts are actually identified (the full list is here), the cap on discretionary spending at 2006 levels is mostly just assumed, so once again we have this claim that we can “cut spending” without any sense of all that would have to be cut to meet the cap. Only $330 billion out of the $2.25 trillion in cuts have a specific named source. So again, Democrats trying to argue with this document are left to largely chase phantoms.
The value in this document is knowing that the battle lines have been drawn. Republicans in the House want $80 billion in cuts this year, and trillions over the next ten. Now it’s the President’s move. And the end of the continuing resolution on March 4, as well as the need to increase the debt limit, hang out there over the horizon.




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David –
Could we get someone with expertise to weigh in on the pros and cons of this? Maybe Dean Baker, Simon Johnson, William K. Black, Roubini, etc?
Anything that takes the taxpayer off the hook for the bankster bailout shit would be a good deal in my opinion. But would what the GOPers are suggesting actually do this, or not affect it at all, or set up a “heads we win, tails you lose” deal for the banksters? Also, the effect on home sales and the mortgage market going forward, put-backs on the banks MBS, etc?
No Congressional Budget Office estimates on how many jobs this would cut and how this would help or hurt the economy? Will the Dems demand a CBO estimate or will they roll over for the GOP and not even double check their numbers.
When Obama throws SS on the pile it’ll start adding up to some real money.
.
Yes I don’t get that at all maybe they can explain it to us?
Thats Obama’s secret plan to get elected if you cut SS the Tea Baggers older White male base’s numbers should drop. Politically we can protect SS by linking Obama to Right Wing Conspiracies. We can make it politically impossible for Obama to cut SS if we rally the Right. We can make it politically impossible for the Tea Baggers to support SS cuts.
Why rally the Right because it should be obvious by now that Obama hates Lefties.However Obama would sell his Mom to please the GOP.
My guess is that one.
If they are asking the Government to cut its staff, I would suggest they do the same. Since they don’t read the bills anyways, they can get along with 1/2 or more of their own staff.
Since they don’t listen to 1/2 of their constituents they can cut 1/4 of that staff.
Those bastards have been after Davis Bacon since the day it passed.
It is code for union busting.
mmmmm….Bacon….
Whatever will the fascist obama do, not say?
See how easy this budget cutting thing is? /s
That is not reassuring at all.
Let’s get real here. If you are not going after the defense budget with a meataxe, you are not serious about the deficit. We spend almost as much as everyone else combined. If you cut defense by 2/3, it would still be more than double anyone else.
but, but, but, that would mean fewer soldiers and higher unemployment….
I forgot O’s compromise, which will be to double the Rs cuts in the spirit of bipartisanship.
Just the stuff affecting those earning less than say $100,000 per year. Bipartisanship has it’s limits ya know.
, head of the Republican Study Committee and future high school football assistant coach Jim Jordan (R-OH) said, “We think
ok, stop right there, this is clearly not, what they are doing.
Drop pants, touch toes, breath deep, and smile.
Yeah these guys aren’t even trying. The Heritage Foundation found $343 billion a year in budget cuts. Crazy yes, specific also yes.
http://www.pensitoreview.com/2010/11/01/heritage-foundation-lays-out-republican-budget-cuts-the-candidates-are-afraid-to-say/
Nothing about cutting farm subsidies or military spending?
Naturally, Obama will give his fellow Republicans everything they want and more, because he wholeheartedly and enthusiastically agrees with everything the GOP believes in.
Ian Welsh:
“The RNC is asking for 2.5 trillion in spending cuts over 10 years. Assume Obama and Dems split the difference (remember, Obama wanted a freeze already, anyway). 1.25 trillion.
The effects of that on the US economy, such as it is, will be catastrophic.”
and:
“Times are bad, they will get worse, especially as this type of austerity is happening in virtually every western country. Expect both high inflation in what you actually need (food, for example) and high unemployment (the return of stagflation), whatever the “official” rate of inflation says.”
http://www.ianwelsh.net/