Home

Tuesday, January 4, 2011

A Drop in the Ocean - House GOP Pledges to Cut $100 Billion

Numbers are meager, a joke, but a start. The only hope is to cut off the inflow (if they get the money from taxes and loans, they spend it), cut entitlement's baseline and break the public employee unions.

100 000 000 000 ÷ 4 000 000 000 000 = 0.025 or 2.5%

House GOP Pledges to Cut $100 Billion | The Freeman | Ideas On Liberty
Posted January 04, 2011

“The incoming Republican majority in the House is moving to make good on its promise to cut $100 billion from domestic spending this year, a goal eagerly backed by conservatives but one carrying substantial political and economic risks. House Republican leaders are so far not specifying which programs would bear the brunt of budget cutting, only what would escape it: spending for the military, domestic security and veterans.” (New York Times)

Out of nearly $4 trillion.

FEE Timely Classic
“Budget Mice” by Sheldon Richman


Strained States Turning to Laws to Curb Labor Unions

Faced with growing budget deficits and restive taxpayers, elected officials from Maine to Alabama, Ohio to Arizona, are pushing new legislation to limit the power of labor unions, particularly those representing government workers, in collective bargaining and politics.

No comments:

Post a Comment