My proposal would first roll back almost all federal spending to 2008 levels, then initiate reductions at various levels nearly across the board. Cuts to the Departments of Agriculture and Transportation would create over $42 billion in savings each, while cuts to the Departments of Energy and Housing and Urban Development would save about $50 billion each. Removing education from the federal government’s jurisdiction would create almost $80 billion in savings alone. Add to that my proposed reductions in international aid, the Departments of Health and Human Services, Homeland Security and other federal agencies, and we arrive at over $500 billion.
The Tea Party Caucus founder is ready to tangle with critics:
For those who take issue with any of the spending cuts I have proposed, I have two requests:
First, if you believe a particular program should be exempt from these cuts, I challenge you to find another place in the budget where the same amount can feasibly be cut and we can replace it.
Second, consider this: Is any particular program, whatever its merits, worth borrowing billions of dollars from foreign nations to finance programs that could be administered better at the state and local level, or even taken over by the private sector?
A real discussion about the budget must begin now—our economy cannot wait any longer. For 19 months, unemployment has hovered over 9%. After a nearly $1 trillion government stimulus and $2 trillion in Federal Reserve stimulus, the Washington establishment still believes that we can solve this problem with more federal spending and the printing of more money.
That’s ridiculous, and the American people have had enough.