Specific Ideas for Cutting the Federal Budget

With the dust now settled from the 2010 election, the time for balancing the budget and cutting spending is now. Thankfully, there are a lot of smart people out there with some good ideas — even those that can be agreed upon by the left and right — that can go a long way toward closing the federal budget deficit.

National Taxpayers Union and the lefties over at PIRG have come up with $600 million in specific spending cuts;

Brian Riedl at the Heritage Foundation has put together his own list of $343 billion in spending cuts;

Ben Friedman and Christopher Preble over at Cato have put a list together of $1.2 trillion in defense-related spending cuts (over the next ten years).

These are just a few of the specific spending cut proposals I’ve seen. If the new Republican majority in the House is serious about cutting spending, they need to start with a few items on these lists and add their own touches.

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4 Replies to “Specific Ideas for Cutting the Federal Budget”

  1. Amazing to read the line about the need to remove a cap on collections of overpaid SS benefits. What kind of idiot included such a cap? Where do I sign up for SS payments that exceed my due amount and then only have to pay part of the overage back? Sounds like a great program to me.

  2. Cuts need to made across the board. The last I heard, the soon to be Speaker of the House, Boehner was proposing a measly $100 billion in cuts. But that’s about what I would expect from Republicans. They are no better than the Democrats when it comes to cutting. They talk the talk but don’t walk the talk. And they don’t want to cut defense which is necessary given its huge cost. Like I said, across the board. The Heritage Foundation and the Cato paper both have good suggestions. I was more impressed with the CATO paper though. The Republicans had better be serious this time.

  3. Where is the proposal to defund NPR and Public Television? They receive $400,000,000 of stolen tax money and use it to promote the Democrat party and socialism.

  4. The long unsuspected “gaping maw” of federal spending is the rapid growth of government “Community Mental Health” programs for mentally disturbed individuals which now costs billions of dollars.

    They principally involve an automatic, one-for-one prescription of drugs called neuroleptics (from Greek, meaning “nerve seizing,” reflective of how the drugs act like a chemical lobotomy).

    The cost of neuroleptics for the treatment of so-called mentally ill patients across the United States per Citizen’s Commission on Human Rights is over $10 million (€8.2 million) a day. Treatment is usually lifelong and puts many of these individuals forever on the dole.

    For many years, psychiatry has promoted its theory that the only “treatment” for severe mental “illness” is neuroleptic drugs. However, this idea is faulty. The truth is that not only is the drugging of severely mentally disturbed patients unnecessary—and expensive—it causes brain- and life-damaging side effects and taxpayers are paying for this.

    Psychiatry’s approach to the treatment of the severely mentally disturbed—the “evidence-based,” “scientific” and operational backbone of community mental health and other psychiatric programs—is bad science and bad medicine and promotes fraud, but is very good business for psychiatry and puts lots of healthcare workers on state and federal payrolls.

    Check out http://www.cchr.org for more information on this criminal waste of our taxpayer dollars.

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