My quibble with the way expendatures are cut is with WHAT expendatures are cut. The federal budget is chock full of handouts to other countries, some not even friendly to us, for things like “clean air initiatives”. Hillery Clinton just committed $200 billion annually in contributions to third world countries for clean air initiatives. As if third world countries had clean air intiatives high on their agendas.
In 2010 we sent more that $300 billion to the UN
The US susbsidizes ethanol producers to the tune of $317 billion
the US pays over $241 billion annually in foreign aid
The U.S. Department of Agriculture distributes between $10 billion and $30 billion in cash subsidies to farmers and owners of farmland each year.
The USDA operates a range of programs to aid farmers and food companies in their foreign sales. The Market Access Program hands out $200 million annually to producers in support of activities such as advertising campaigns. Recipients include the Distilled Spirits Council, the Pet Food Institute, the Association of Brewers, the Popcorn Board, the Wine Institute, and Welch’s Food.17 Another program, the Foreign Market Development program, hands out $35 million annually to groups such as the American Peanut Council, the Cotton Council International, and the Mohair Council of America.
Most American industries fund their own research and development programs. The agriculture industry is a notable exception. The USDA spends about $3 billion annually on agricultural research, statistical information services, and economic studies
USDA conservation programs dispense about $3 billion annually to the nation’s farmers. The largest conservation subsidy program is the Conservation Reserve Program, which was created in 1985 to idle millions of acres of farmland. Under CRP, farmers are paid not to grow crops, but to cultivate ground cover such as grass or trees on retired acres.
Oil companies are subsidized to the tune of $70.2 billion annually.
I could go on forever, but I think you get the idea. These will not be cut. Social Security, Medicare, and Medicaid will be cut.
Postscript: I did not mean to single out farmers. I have only respect for them. And if they can get money from the feds they’d be fools not to take it.
It was simply that the agricultural subsidy information for agribusinessess was the most readily available on .gov websites, so I started there.