Thursday, February 10, 2011

Continuing Resolution Spending Cuts to Go Deep

Source: House Committee on Appropriations
House Appropriations Chairman Hal Rogers today announced a partial list of 70 spending cuts that will be included in an upcoming Continuing Resolution (CR) bill. The CR legislation will fund the federal government for the seven months remaining in the fiscal year and prevent a government wide shut-down, while significantly reducing the massive increases in discretionary spending enacted in the last several years by a Democrat majority. A full list of program cuts will be released when the bill is formally introduced.
The total spending cuts in the CR will exceed $74 billion, including $58 billion in non-security discretionary spending reductions. The statement by Chairman Rogers on these cuts follows:
“Never before has Congress undertaken a task of this magnitude. The cuts in this CR will represent the largest reduction in discretionary spending in the history of our nation.
“While making these cuts is hard, we have a unique opportunity to right our fiscal ship and begin to reduce our massive deficits and debt. We have taken a wire brush to the discretionary budget and scoured every program to find real savings that are responsible and justifiable to the American people.
“Make no mistake, these cuts are not low-hanging fruit. These cuts are real and will impact every District across the country - including my own. As I have often said, every dollar we cut has a constituency, an industry, an association, and individual citizens who will disagree with us. But with this CR, we will respond to the millions of Americans who have called on this Congress to rein in spending to help our economy grow and our businesses create jobs.”
The List of 70 Spending Cuts to be Included in the CR follows:
• Flood Control and Coastal Emergencies -$30M
• Energy Efficiency and Renewable Energy -$899M
• Electricity Delivery and Energy Reliability -$49M
• Nuclear Energy -$169M
• Fossil Energy Research -$31M
• Clean Coal Technology -$18M
• Strategic Petroleum Reserve -$15M
• Energy Information Administration -$34M
• Office of Science -$1.1B
• Power Marketing Administrations -$52M
• Department of Treasury -$268M
• Internal Revenue Service -$593M
• Treasury Forfeiture Fund -$338M
• GSA Federal Buildings Fund -$1.7B
• ONDCP -$69M
• International Trade Administration -$93M
• Economic Development Assistance -$16M
• Minority Business Development Agency -$2M
• National Institute of Standards and Technology -$186M
• NOAA -$336M
• National Drug Intelligence Center -$11M
• Law Enforcement Wireless Communications -$52M
• US Marshals Service -$10M
• FBI -$74M
• State and Local Law Enforcement Assistance -$256M
• Juvenile Justice -$2.3M
• COPS -$600M
• NASA -$379M
• NSF -$139M
• Legal Services Corporation -$75M
• EPA -$1.6B
• Food Safety and Inspection Services -$53M
• Farm Service Agency -$201M
• Agriculture Research -$246M
• Natural Resource Conservation Service -$46M
• Rural Development Programs -$237M
• WIC -$758M
• International Food Aid grants -$544M
• FDA -$220M
• Land and Water Conservation Fund -$348M
• National Archives and Record Service -$20M
• DOE Loan Guarantee Authority -$1.4B
• EPA GHG Reporting Registry -$9M
• USGS -$27M
• EPA Cap and Trade Technical Assistance -$5M
• EPA State and Local Air Quality Management -$25M
• Fish and Wildlife Service -$72M
• Smithsonian -$7.3M
• National Park Service -$51M
• Clean Water State Revolving Fund -$700M
• Drinking Water State Revolving Fund -$250M
• EPA Brownfields -$48M
• Forest Service -$38M
• National Endowment for the Arts -$6M
• National Endowment for the Humanities -$6M
• Job Training Programs -$2B
• Community Health Centers -$1.3B
• Maternal and Child Health Block Grants -$210M
• Family Planning -$327M
• Poison Control Centers -$27M
• CDC -$755M
• NIH -$1B
• Substance Abuse and Mental Health Services -$96M
• LIHEAP Contingency fund -$400M
• Community Services Block Grant -$405M
• High Speed Rail -$1B
• FAA Next Gen -$234M
• Amtrak -$224M
• HUD Community Development Fund -$530M
(All reductions are compared to the President’s fiscal year 2011 request)

No comments: