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Putting Budget Cuts In Perspective

Posted by Erik W on Feb 12, 2011 8:49 AM

Yesterday, the house republicans released a proposed budget with some drastic cuts to the discretionary budget.

From CNN:

"The Republican legislation calls for over 100 federal programs to be outright eliminated, including scholarships, family planning, school counseling, Teach for America, the Corporation for Public Broadcasting, AmeriCorps, and the COPS hiring program."

House Appropriations Committee Chairman Hal Rogers said:

"The CR contains over $100 billion in cuts compared to the President's request - fully meeting the spending reduction goal outlined in the Republican 'Pledge to America'"

Done? Problem Solved? Does this fix our budget problem, or is this just an opportunity for Republicans to cut programs they don't like?

Obama 2011 Budget

Source: More visual people might enjoy Death and Taxes Chart.

From my rough estimations based on the chart of budget cuts the Republicans provided, about $85 billion are aimed toward the non-military discretionary budget, causing a devastating 15% reduction in spending toward tangible benefits and programs, yet while only reducing this year's budget deficit by 8%. That's right, 8%. Not to mention the 10.5 trillion of debt we already have sitting out there.

This proposal is a smokescreen, does nothing to address our actual deficit problems, and eliminates or reduces a lot of programs that benefit society.

As this interactive You Fix the Budget application at the New York Times shows, we aren't going to be able to reduce the deficit without a combination of raising taxes, reducing some discretionary spending, and drastically reducing entitlement benefits (which wasn't even addressed!)

listed in: budget, politics, republicans

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