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Old 01-20-2017, 07:48 AM   #1 (permalink)
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Trump Plans To Cut $10.5 Trillion From Federal Budget Over Next Decade

President-elect Donald Trump has an ambitious goal of cutting $10.5 billion from the federal budget over the next decade by reducing wasteful spending and eliminating whole government agencies.

Trump transition staffers are already meeting with the permanent White House budget staff to start working on the proposal, The Hill reports.

Much of the plan follows the Republican Study Committee’s (RSC) 2017 Blueprint for a Balanced Budget, which itself proposes only $8.6 trillion in cuts over the next 10 years.

Two members of the Transition Team — Russ Vought, who formerly worked for Vice President-elect Mike Pence and used to run the RSC, and John Gray, who’s worked with Pence, Kentucky Republican Sen. Rand Paul and House Speaker Paul Ryan — have been meeting with the White House’s Office of Management and Budget over the past few weeks.

The hundreds of proposals in the RSC budget include shutting down numerous government grant and stimulus programs, and completely eliminating the National Endowment for the Arts and the National Endowment for the Humanities. Getting rid of those two departments would save $296 million each year, RSC claims. (RELATED: Republican Study Committee Rolls Out Budget Preview)

The bulk of the cuts to federal spending in the RSC’s proposal come from automatic payments within entitlement programs like Medicare and Social Security. Most entitlement spending is automatic, meaning that Congress doesn’t need to approve the spending each year.

Trump, however, has promised not to touch Social Security or Medicare benefits, which will make it hard to cut so much from the federal budget, especially with Trump’s promises to increase the size of the military and leverage $1 trillion to build up American infrastructure through tax cuts.

Dramatic budget reform has been a conservative dream for years, but never materializes in Congress. Republicans hope that the energy of the new administration will help bring conservatives together to pass large-scale budget reform bills.

“The Trump Administration needs to reform and cut spending dramatically, and targeting waste like the National Endowment for the Arts and National Endowment for the Humanities would be a good first step in showing that the Trump Administration is serious about radically reforming the federal budget,” Brian Darling, a scholar with the Heritage Foundation and former Paul staffer, told The Hill.



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Old 01-20-2017, 07:58 AM   #2 (permalink)
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This will be an interesting decade. Looking forward to it. So many fucktards with no logic will be unearthed.
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Old 01-20-2017, 08:27 AM   #3 (permalink)
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I wonder how his $10 Trillion cuts over the next 10 years is going to jive with the $10 Trillion in new debt over the next 10 years that the Senate Republicans just voted for?


If nothing else, it's going to expose the cronies.
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Old 01-20-2017, 08:28 AM   #4 (permalink)
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Oh great. Trump's going to close all those gov agencies and send all those people out into the cold, raising unemployment to a whole new unprecidented level..



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Old 01-20-2017, 08:29 AM   #5 (permalink)
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Title says "trillion", first sentence in the article says "billion"... which one is it article writer???
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Old 01-20-2017, 08:29 AM   #6 (permalink)
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Oh great. Trump's going to close all those gov agencies and send all those people out into the cold, raising unemployment to a whole new unprecidented level..



:sarcasm:
they are already on government welfare, this way they can only draw 6 months pay.
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Old 01-20-2017, 08:30 AM   #7 (permalink)
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The vast majority of .gov employees I've been in contact with absolutely could NOT make it in the "real world". Let's get a bunch of entitlement cuts and let Darwin back in the picture!!!
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Old 01-20-2017, 08:33 AM   #8 (permalink)
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I wonder how his $10 Trillion cuts over the next 10 years is going to jive with the $10 Trillion in new debt over the next 10 years that the Senate Republicans just voted for?


If nothing else, it's going to expose the cronies.
This ^. And I have no doubt that he will point the finger and name names which he should. Make it very very public who is wasting tax dollars on bullshit that needs to be cut.

Let those they represent have at them...no matter what letter is beside their name.

I know I've more than once let Alexander and Corker both know I'll do anything I can to replace both of them...and the asswipe Bill Haslam.

All three of the asshats are there today acting like they support Trump...but just a few months ago was asking him to step down. Fucking two faced bastards!
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Old 01-20-2017, 08:34 AM   #9 (permalink)
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Oh great. Trump's going to close all those gov agencies and send all those people out into the cold, raising unemployment to a whole new unprecidented level..



:sarcasm:
I hear there maybe some government jobs available soon in Mexico...
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Old 01-20-2017, 08:36 AM   #10 (permalink)
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The vast majority of .gov employees I've been in contact with absolutely could NOT make it in the "real world". Let's get a bunch of entitlement cuts and let Darwin back in the picture!!!
I could say the same thing about many of my corporate peers.

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Old 01-20-2017, 09:08 AM   #11 (permalink)
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Title says "trillion", first sentence in the article says "billion"... which one is it article writer???
Also those endowment agencies budget is 296 million. Which is a ton of money!

But it's hardly a drop in the bucket when your taking about a 8.6 trillion dollar cut. Where is the other 8.59 trillion in cuts coming from?

Are the arts and humanities endowments being targeted intentionally despite being small potatoes? Or is the sum of the cuts created by small cuts like these? What about gutting some of the alphabet agencies, when do we see those cuts?

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Old 01-20-2017, 09:13 AM   #12 (permalink)
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Oh great. Trump's going to close all those gov agencies and send all those people out into the cold, raising unemployment to a whole new unprecidented level..



:sarcasm:
It will balance because as jobs are eliminated new jobs will be available in the factories........except the former govt employees will have to work for a paycheck.
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Old 01-20-2017, 09:15 AM   #13 (permalink)
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well, it will take a good 8-12 months before i can have a stance on that budget pos that just went up....and that is an obama budget btw....and it is bushes fault it had to be that way.

and its a cr....next year we can discuss the trump budget. if it has 10 trillion in unfettered debt...well. i have a pitchfork too.
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Old 01-20-2017, 09:19 AM   #14 (permalink)
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cut spending to collages using Fed money to coddle weeping cup cakes by providing safe rooms..
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Old 01-20-2017, 09:23 AM   #15 (permalink)
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cut spending to collages
Hmm, but not to elimentery skools
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Old 01-20-2017, 09:23 AM   #16 (permalink)
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Also those endowment agencies budget is 296 million. Which is a ton of money!

But it's hardly a drop in the bucket when your taking about a 8.6 trillion dollar cut. Where is the other 8.59 trillion in cuts coming from?

Are the arts and humanities endowments being targeted intentionally despite being small potatoes? Or is the sum of the cuts created by small cuts like these? What about gutting some of the alphabet agencies, when do we see those cuts?
I'm sure there are tons of small cuts. Those are just 2 that are obvious money going down the toilet. Plus this is saying 10 years, so take that 296 mil and multiply by 10 to get the total.

Think about your budget. You can make a couple bit cuts by getting rid of a car loan or service, but a huge amount can be made up from spending $50 less a month on eating out, $30 by shopping around, $40 switching to a different wireless carrier, etc.

I really hope he can grow the military but keep the budget the same or less. Re-evaluate how contracts are selected, kill of programs that don't apply to modern warfare (fighter jets) and get more trained boots, getting paid a little more with better personal equipment and armor.
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Old 01-20-2017, 09:24 AM   #17 (permalink)
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cut spending to collages using Fed money to coddle weeping cup cakes by providing safe rooms..
dude. hell no. we need collages!!

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Old 01-20-2017, 10:37 AM   #18 (permalink)
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Old 01-20-2017, 11:09 AM   #19 (permalink)
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dude. hell no. we need collages!!



Yes... we definitely need to improve education!
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Old 01-20-2017, 11:16 AM   #20 (permalink)
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How do you cut 10.5 tirllion with out touching medicare or SS?
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Old 01-20-2017, 11:22 AM   #21 (permalink)
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. . . National Endowment for the Arts . . .
Are you fawking kidding me? No more public funding of fisting exhibitions?
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Old 01-20-2017, 11:35 AM   #22 (permalink)
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How do you cut 10.5 tirllion with out touching medicare or SS?
You can't. Federal budget in 2015 was about 3.8 trillion:

$3,800,000,000,000

That 296 million for the endowment agencies represents 296,000,000/3,800,000,000,000 = 0.008%.

10 trillion over 10 years roughly means 1 trillion per year or about 25% across the board cut. Or as I like to call it . . . a good start!
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Old 01-20-2017, 11:42 AM   #23 (permalink)
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You can't. Federal budget in 2015 was about 3.8 trillion:

$3,800,000,000,000

That 296 million for the endowment agencies represents 296,000,000/3,800,000,000,000 = 0.008%.

10 trillion over 10 years roughly means 1 trillion per year or about 25% across the board cut. Or as I like to call it . . . a good start!
Thanks, i wasnt thinking straight for a second.
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Old 01-20-2017, 12:06 PM   #24 (permalink)
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Thanks, i wasnt thinking straight for a second.
you also have to take into account the baseline budgeting shit too. its built in that each year the budget auto increases a certain percent, so if you just kept the same spending level as today in 10 years, you will have saved a shitload of money because of none of that horseshit. You dont even have to cut anything. You cut a spending increase. thats what doesnt get talked about enough.
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