Contrary to what Pelosi says, there are plenty of budget cuts to be made

It might not come as a shock to some of you, but the Treasury Department has announced that, unless Congress increases the country’s borrowing limit, it will no longer be able to pay its bills.

This announcement follows comments made by Rep. Nancy Pelosi (D-CA) concerning the efforts of Republican members to restraint government spending. According to the House Minority Leader, the conservative push for any cuts to the federal budget is pointless.

Pelosi stated that “it’s really important that people understand” that there’s no more cuts to make to the federal budget, which has increased to $3.8 trillion this year, as opposed to $1.9 trillion per year up until 2001.

What Nancy Pelosi doesn’t seem to understand is that the American people can no longer afford to cover the expenses of a series of programs that could indeed be trimmed. With that in mind, experts at the Competitive Enterprise Institute decided to make a list of several programs that could be cut or trimmed to give Congress, and especially skeptics such as Nancy Pelosi, an idea of where they can start if they are indeed willing to ensure the American people are no longer forced to foot a bill they never signed up for.

According to the institute, about $1.2 billion could be saved if Congress took aim at the Energy Department’s Office of Energy Efficiency and Renewable Energy. The EERE’s goal is to offer training, resources and funding toward “business, industry, universities and others” who are willing to focus on increasing the use “of renewable energy and energy efficiency technologies.”

The Competitive Enterprise Institute suggested that, since this program has been criticized in the past for allocating most of its catastrophic insurance benefits to wealthy landowners such as former basketball star Scottie Pippen and the Rockefeller family, lawmakers could consider trimming it as to reduce its subsidies to farmers whose gross incomes are higher than $750,000. This cut could save taxpayers up to $1.2 billion.

The institute also listed better testing for Medicare enrollees as a way to cut spending, which could help the government to save billions. Cuts to Amtrak, International Trade Administration, Consumer Financial Protection Bureau, the Office of the First Spouse and Economic Development Administration were also suggested.

According to the Competitive Enterprise Institute, Federal employees are currently able to spend all or part of their times focused on doing union activities. At least 22 employees of the EPA spend all of their time doing union work for $100,000 per year. Trimming union activities for Federal employees could save taxpayers big bucks considering that the current cost of the Federal official time is $156 million. Propaganda paid by the government could also be cut. According to the institute, the Centers for Disease Control spent top dollars advertising against reform of liquor laws in Pennsylvania, which shouldn’t be a priority to a federal agency. A special $12.5 million fund, which was provided as part of the Obamacare law, was also guaranteed for future advertising and other campaigns.

The institute also suggested that Congress could focus on cutting the ethanol mandate and federal grant programs that fund improvements to taxiways, lighting, runways, ramps and other areas that are using federal money when they should be local projects.


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