Rep. Bachmann Proposes Spending Cuts

Rep. Michele Bachmann (R-MN) has released her proposal to reign in federal spending, amounting to over $425 billion in cuts annually. Shortly after releasing this spending cut proposal, Bachmann delivered the Tea Party response to the President's State of the Union speech, after fellow Republican Paul Ryan (R-WI) gave the official Republican response. Bachmann's speech criticized the President's excessive spending in the previous two years and called for the 112th Congress to roll back the size of government. In her statement announcing what she would cut, Bachmann said:

I’m against another increase of the government’s debt ceiling. Instead of making it easier for Washington to spend more of your tax dollars, I’m calling for Congress to do the hard work of making real and necessary cuts in federal spending. I have put the following list on the table for discussion and I’m calling on other members of Congress to do the same.

The cuts she proposes touch nearly all areas of discretionary spending. She supports Secretary Gates' proposals for cutting defense spending, cuts to agriculture, huge changes to the Department of Education and transportation, serious government reform efforts, rescinding the remainder of the stimulus money, eliminating various tax expenditures, and many more.

Spending Cut Savings (Annual)*
Devolve Federal Highway Spending, Privatize many agencies like Amtrak and eliminate many grants $60.7 Billion
Repeal Unspent Stimulus $60 Billion
Upgrade Government Technology to Halve Medicare Payment and Income Tax Errors by 2012 $44 Billion
Defense Cuts Proposed by Sec. Gates $35.6 Billion
Cut or Eliminate Department of Education $29 or $31 Billion
Eliminate Additional Child Refundable Tax Credit and Community Development Financial Institutions Fund $26.7 Billion
Cut federal properties, travel, vehicle fleet $24.5 Billion
Eliminate farm subsidies, other agriculture savings $20 Billion
Rescind Unobligated Balances After 36 Months $20 Billion
Eliminate all Congressional Earmarks $16 Billion
Cuts to Health Services $12.2 Billion
Cuts to EPA, Energy and Science Programs $10.9 Billion
Eliminate various Community Programs $8 Billion
Switch to Using Chained CPI $8 Billion
Eliminate Justice Department Grants $7.8 Billion
Eliminate Various Jobs Training Programs $7.4 Billion
Three Year Pay Freeze for all Federal Employees and DoD Civilians $7 Billion
Eliminate Programs in the Arts and Sciences $6.7 Billion
Repeal the Davis-Bacon Act $6 Billion
Cap Increases in VA Spending $4.5 Billion
Cuts to State Department $4 Billion
Eliminate Most DHS Grants to the States $2.7 Billion
Cut National Science Foundation $1.9 Billion
Open ANWR to Leasing $1.7 Billion
Repeal Food Safety & Modernization Act $1.4 Billion
Repeal Dodd-Frank $2 Billion (CBO 5-Yr Estimate)**
Repeal Affordable Care Act Unknown (larger savings in later years)+
Total  $427.1 to 429.1 Billion^

*Numbers from Rep. Bachmann's office unless otherwise noted. 

**Note this may be an error, as CBO's score of Dodd-Frank states the legislation would reduce the deficit by $2.3 billion over 5 years.

+ Note CBO estimates repealing PPACA as a whole would increase the deficit by $230 billion over 10 years.

^Using her numbers.

According to her estimates, Rep. Bachmann has identified a significant amount of savings in the federal budget. Notably, we commend her for supporting cuts in defense and farm subsidies, which many of her Republican colleagues hold as sacrosanct. Defense cuts, as well as entitlements and revenues, must be on the table in these discussions. Bachmann's proposal even goes further than that of the Republican Study Committee, which was released last week.

Hopefully Republicans and Democrats will be able to work together to solve our fiscal problems. Both sides will have to be willing to sacrifice some of their priorities in the best interest of the nation. Both sides should work across the aisle to come up with a viable fiscal solution.

DO IT

Don't give in to those in your party know as "gutless rhinos".  If they all had to come home after 1 term and live in the real world without a lifetime pension there would be no question what they would do!!!  If you're going to pick on and get rid of the government union pensions at the federal, state, county and city levels, then House and Senate members should forego the millions that americans are obligated to pay out over the years.  If there aren't cushy pensions and cadillac health plans to hold on to, believe me politicians would serve, and become more productive members of society!  I believe this should be a part of your recommendations if you want the rest of america to really believe that you are out to solve the overall problem.  Suffer with the rest of america, live in their world and maybe you will win the respect of ALL americans.  It's the only way that Americans that tend to live in the center (independents) will stay with us over the next 2 years.  If this isn't done they will shift back over to the Democrats (Obama).  If that happens, our country will likely be lost with all liberty and freedoms that we want to pass on to our children and grandchildren.
 

Please consider this a serious challenge!  When Reagan did it defiantly and confidently America followed.  We put you all there this last Novermber to make a difference, not play political games!  DO IT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Government spending

I do like this type of Bill introduced . Bachmann is right on in where the cuts should take place.

You Rock! Bachmann!

 

Thanks for listening,

Ms.Eulberg

Spending cuts

Those all seem like reasonable cuts -and, as far as I can tell, you even haven't started on "smaller fish" like Planned Parenthood!

 

David Scerbak

That's great, but...

Stipulating the Congresswoman's figures, that leaves a $1.2 Trillion deficit to contend with, without meaningful Debt Reduction measures to pare down the $14 Trillion debt. Plus, the DOD cuts include vital Air Force modernizations like the F-35 project that really had no business being cut.

 

I'm not questioning the Congresswoman's veracity. She seems to have the right attitude and this proposal is better than most. Unfortunately, we will have to enact more austere spending policies AND boost revenues to achieve this goal. Rather than taxing Americans more, I would suggest extensive deregulation and an ambitious energy policy.

 

If we stopped vilifying the Energy industry and removed their Federal shackles, Petroleum Engineers could do more to fix our deficits than any Congressman could. Between Offshore Reserves, Oil Shale and Tar Sands in the Rockies, the Bakken Formation in the Dakotas and the Mineral Panacea that is Alaska, we could EXPORT more energy than the Saudis and create a massive amount of wealth while securing our energy future. We could make the deal that oil harvested on Federal land must be sold in the US, and the revenues from this venture could make an impressive dent in our debt. Energy Development could simultaneously fix our budget and our job situation.

 

 American Grit and Know How can save us; that is, if we allow it to do so.

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