Not a bad start if these can be implemented. It represents a return to 2005 spending levels.
When you look at the details (link right before chart), nothing seems unreasonable.
Get this done, then come back in another year and take out another $200 billion!
CHART OF THE DAY: Visualizing The GOP’s Dramatic Spending Cuts
Gregory White | Jan. 21, 2011, 4:05 PM
For those Americans that hoped a new, Republican House of Representative would roll out a full blooded deficit trimming plan, well you finally have it.
The Republican Study Committee released their bill yesterday and it includes cutting funding to AmeriCorps and Senior Corps, an end to union activities for Federal employees, and numerous other cuts.
The “Spending Reduction Act of 2011” calls for a total of $2.5 trillion in cuts and aims to bring the U.S. back to the level of spending of 2005 in a short period of time.
It’s unlikely this bill will, in anyway, be passed as it stands right now. But its important to note that, when the debate kicks off, this will be what Republicans will be fighting for.
Check out the full list of the biggest cuts the Republicans want to make >
Read more: http://www.businessinsider.com/chart-of-the-day-republican-study-committee-cut-2011-1#ixzz1BiZmmCae
