Thursday, November 17, 2011

Cut $9 Trillion Plus

If you want to see what a real "cut the deficit" plan looks like, go see this U.S. News & World Report story on a proposal by the Tea Party. They propose eliminating four cabinet departments: Commerce, Education, Energy, and Housing and Urban Development. Way to go, guys.

They also propose eliminating farm subsidies, much foreign aid, student loans, and privatizing or reducing TSA, EPA, plus Fannie Mae and Freddie Mac. Oh, and they want to cut federal pay by 10% too. This plan would reduce federal spending by almost $10 trillion over ten years. I like it.