A number of the House GOP's leading conservative members on Thursday will announce legislation that would cut $2.5 trillion over 10 years, which will be by far the most ambitious and far-reaching proposal by the new majority to cut federal government spending.
Rep. Jim Jordan of Ohio, the chairman of the Republican Study Committee, will unveil the bill in a speech at the Heritage Foundation on Thursday morning.
Jordan's bill, which will have a companion bill introduced in the Senate by Sen. Jim DeMint, South Carolina Republican, would impose deep and broad cuts across the federal government. It includes both budget-wide cuts on non-defense discretionary spending back to 2006 levels and proposes the elimination or drastic reduction of more than 50 government programs.
The proposal would cut the federal work force by 15 percent. Good start.
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And I will bet you $1 it is nothing more than posturing. It is not working on a solution, it will just be political crap!
Budgets present all sorts of opportunities to play tricks on people. I remember four years ago when Councilmen Pape and Crawford patted themselves on the back for doing the impossible - cutting expenses without cutting services. What they actually did was simply removed a couple of police positions that were never to be filled anyway. Since the expense really did not exist, there really was no savings. This was nothing but a trick to try and fool taxpayers into thinking they were saving money.
Regarding the current issue, I expect they will present some intangible future savings, while still passing a budget that spends more today than we take in. Talking about how they are going to save us money ten years down the road is meaningless. All we have to do is take a quick look at their current budget and we will (most likely) see that Kevin is right. I expect very little to change with the new Congress.