Wednesday, May 11, 2011

Tea Party Proposes Cut to 2006 Spending

Tea Party Senators, led by Pennsylvania's Pat Toomey, have proposed to cut discretionary spending not to 2008 spending, as asked by John Boehner, but instead to 2006 levels. This would be before the Democrats took over Congress and jacked up spending.

"Simply put, deficits are not inevitable; they can be stopped if we in Congress have the will to stop them," Toomey said.
Toomey's plan would cut non-defense discretionary spending to 2006 levels — pre-2008 stimulus — but leave the details of where exactly to cut to appropriators. Toomey does not touch Social Security, makes just slight changes to Medicare and converts Medicaid from an entitlement to a state block-grant program.

Hopefully it will go through, but appears unlikely.

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