
Senator Mark Pryor wants our ideas on how to cut federal spending. Take a look at this video clip below:
Senator Pryor has asked us to send our ideas to him at cutspending@pryor.senate.gov and I have done so in the past and will continue to do so in the future. Here are a few more I just emailed to him myself at 11pm CST on May 5, 2011.
Senator Rand Paul on Feb 7, 2011 wrote the article “A Modest $500 Billion Proposal: My spending cuts would keep 85% of government funding and not touch Social Security,” Wall Street Journal and he observed:
Many in Washington think that a one-year, $500 billion spending cut is too bold. But the attendees at the newly formed Senate Tea Party Caucus say, “Bring on the cuts! And then, bring on more!” My Republican colleagues say they want a balanced-budget amendment. But to have any semblance of credibility we must begin to discuss where we will cut once it passes. My proposal is a place to start.
Here are some of his specific suggestions:
Energy
Agency/Program Funding Level Savings % Decrease
Energy $0 $44.186 B 100%
Created in 1977, the purpose and intent of the Department of Energy was to regulate oil prices. The DoE today reflects an agency that encompasses national security activities such as nuclear weapon production, maintenance, and cleanup which are better suited for the Department of Defense, and other activities that are nothing more than corporate handouts.
In addition, the DoE has provided research grants and subsidies to energy companies for the development of newer, cleaner forms of energy. All forms of energy development are subsidized by the federal government, from oil to nuclear, wind, solar, and bio-fuels, however these subsidies and research are often centered on forms of energy that can survive without subsidies. This drives the cost of energy up for all American taxpayers. The market has always provided new forms of energy development without governmental interference; it is time for the free market to start taking the reins.