Sen. Paul Details Budget Cuts

From the Wall Street Journal:

…My proposal would first roll back almost all federal spending to 2008 levels, then initiate reductions at various levels nearly across the board. Cuts to the Departments of Agriculture and Transportation would create over $42 billion in savings each, while cuts to the Departments of Energy and Housing and Urban Development would save about $50 billion each. Removing education from the federal government’s jurisdiction would create almost $80 billion in savings alone. Add to that my proposed reductions in international aid, the Departments of Health and Human Services, Homeland Security and other federal agencies, and we arrive at over $500 billion…

Paul goes on to note that these spending cuts are really rather modest – 85% of what we’re spending now and all of Social Security and Medicare would remain untouched. And Paul is asking critics to put up, or shut up: if anything he proposes to cut is considered absolutely vital, then what would you cut to save it? It really is a matter of honesty – unless you’re just determined to keep spending no matter what, then there has to be some priorities set. Senator Paul has set out his priorities, anyone who wants to say “no” had better come up with alternative priorities. The one thing which is absolutely out of bounds is to not cut spending – it must be done to avoid national bankruptcy.

The nation is broke and in spite of this, we have continued to increase the size of the government feeding off the bankrupt nation. This cannot go on – and, in fact, it can’t go on for more than two or three more years before collapse sets in. It really is that bad – we really are that much out of money.

We can turn this around. It won’t be easy and it will be painful, but it can be done. All we need do is show the courage to do the right thing.