Tag: Obama budget
Tag: Obama budget
Sequestration, for those not yet familiar with it, is an automatic process whereby the discretionary portion of the federal budget (but not the mandatory portion, i.e. not entitlements or debt interest) will be significantly and automatically cut – and by far the heaviest cuts, over 60% of the total, will fall on the defense budget.
In addition, the following agencies should be abolished: the Occupational Safety and Health Administration, the National Labor Relations Board, the EPA (which would save $9 bn per year), the BATFE, the US Institute of Peace, the Peace Corps, the Americorps, the National Endowments for the Arts and the Humanities, the TSA (which should be replaced with private contractors), the Federal Transit Administration, the Fish and Wildlife Service (FAWS), the Government Printing Office, and the IRS (which would save over $10 bn per year).
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