Tuesday, January 24, 2017
President Trump Wants To Kill These 17 Government Agencies, Here's How Much They Cost And What They Do.
From the article,
"Some of President Donald Trump's planned budget cuts appear to be targeted more at undercutting Democratic priorities than at shrinking the national debt.
A host of planned funding cuts to federal agencies, reported last week by The Hill, are part of the Trump administration's desire to eliminate roughly $10.5 trillion in spending over the next 10 years -- nearly all of the federal government's discretionary spending.
Yet Trump has vowed not to cut entitlements, such as Medicare and Social Security, and promised to beef up military spending, which represents the lion's share of federal spending -- making it hard for him to do more than chip away at the margins of the nearly $20 trillion national debt.
What, then, would the reported cuts accomplish? The answer appears to be defunding a number of projects seen as liberal darlings -- including groups aimed at preserving and supporting the environment, civil rights protections, the arts, minority-owned businesses, and public broadcasting. To put this in context: The total cost, per American, of the following 17 programs said to be on the chopping block is $22.36 per year-- of which more than a third comes from a single clean-energy program. By contrast, housing subsidies, like the mortgage interest deduction, which are disproportionately used by the wealthy, cost $296.29 per American.
Here's a list of the various federal agencies reportedly on the chopping block, along with some of their key initiatives -- and some of the jobs supported."