House Republicans Announce $74 Billion in Cuts

By: Nick Ottens (Diary)  |  February 3rd at 06:53 PM  | 

House Republicans announced Thursday that they will cut $74 billion from the president’s budget for the current fiscal year. Just $32 billion will be slashed before the end of the calendar year however—far less than the $100 billion Republicans promised ahead of November’s congressional elections. According to Wisconsin Republican Paul Ryan, who chairs the House budget committee, it’s just a start. “The spending limit measure | Read More »

Armey, Kibbe Identify Trillions in Spending Cuts

By: Nick Ottens (Diary)  |  January 22nd at 05:38 AM  | 

In a Wall Street Journal op-ed this week former Republican majority leader Dick Armey and FreedomWorks‘ Matt Kibbe lay out a good number of ways to rein in government spending. They point out that since 2007, federal spending has skyrocketed. If Congress returned to spending levels from before Democrats took control of the legislature, it would save hundreds of billions a year according to combined | Read More »