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Here’s a List of Things the “Spending Reduction Act of 2011” Would Cut

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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-23-11 10:51 AM
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Here’s a List of Things the “Spending Reduction Act of 2011” Would Cut
from the Next American City blog:



The “Spending Reduction Act of 2011,” recently released by the Republican Study Committee, was unveiled yesterday by Rep. Jim Jordan (R-OH), Rep. Scott Garrett (R-NJ), and Senator Jim DeMint (R-SC). It proposes a list of cuts to non-defense and non-entitlement programs that would, they say, reduce the federal budget deficit by $2.5 trillion over ten years. The act is very unlikely to make it through the Democrat-controlled Senate and would certainly be vetoed by President Obama. But here’s a partial list of programs that would be on the chopping block, all of which would affect cities (figures represent annual savings):

- Corporation for Public Broadcasting Subsidy ($445 million)
- National Endowment for the Arts (Full disclosure: Next American City receives funding from the NEA) ($167.5 million)
- Hope VI Program ($250 million)
- Amtrak subsidies ($1.565 billion)
- “Duplicative” education programs ($1.3 billion)
- Community Development Fund ($4.5 billion)
- DOE grants to states for weatherization ($530 million)
- New starts transit ($2 billion)
- Intercity and high-speed rail ($2.5 billion)
- Economic development administration ($293 million)
- Programs under the National and Community Services Act ($1.15 billion)
- Applied research at the DOE ($1.27)
- FreedomCAR and fuel partnership ($200 million)
- Subsidy to Washington Metro ($150 million)
- Subsidies to the UN Intergovernmental Panel on Climate Change ($12.5 million)

To see the dozens of other programs that would face cuts, click here.


http://americancity.org/buzz/entry/2863/



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asjr Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-23-11 10:58 AM
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1. In other words Eliminate America and its inhabitants.
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msongs Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-23-11 11:20 AM
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2. US MIlitary and corporate death merchants $1,000.000.000.000.00 nt
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safeinOhio Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-23-11 11:25 AM
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3. Sounds like third world budget for
a second rate country.
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jillan Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-23-11 03:47 PM
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4.  Just about everything that helps the middle class.
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