{"id":779,"date":"2013-01-24T14:29:07","date_gmt":"2013-01-24T20:29:07","guid":{"rendered":"http:\/\/peaceeconomyproject.org\/wordpress\/?p=779"},"modified":"2013-02-06T15:43:23","modified_gmt":"2013-02-06T21:43:23","slug":"latest-gop-budget-scheme-would-slash-federal-government-to-ribbons","status":"publish","type":"post","link":"https:\/\/peaceeconomyproject.org\/wordpress\/latest-gop-budget-scheme-would-slash-federal-government-to-ribbons\/","title":{"rendered":"Latest GOP budget scheme would slash federal government to ribbons"},"content":{"rendered":"

by Greg Sargent<\/a>, Washington Post
\nJanuary 23, 2013
\n click here for original article<\/a><\/p>\n

\"Slash-Federal-Governmnt<\/a><\/p>\n

In order to get its temporary debt limit suspension passed, House GOP leaders had to promise House conservatives a budget that cuts spending so deeply \u2014 with no new revenues, natch \u2014 that it wipes out the deficit in 10 years.<\/p>\n

What would such spending cuts look like in the real world? Hint: Insane.<\/p>\n

I asked the liberal leaning Center on Budget and Policy Priorities to run the numbers. The result: Such a plan would require downsizing much or all of the federal government by anywhere from one-sixth to one-third.<\/strong><\/p>\n

Here\u2019s how it works. Richard Kogan, a senior fellow for the CBPP, estimates that in order to balance the budget in the year 2023, you\u2019d need to come up with about $775 billion in cuts out of overall government program spending of $5.2 trillion. (That number, which could be higher or lower since conditions can change, is based on calculations taking into account new revenues from the fiscal cliff tax hikes and interest savings CBPP projects.)<\/p>\n

What would coming up with $775 billion entail? There are three permutations.<\/p>\n

1)<\/strong> If you take out Social Security, Medicare, and defense, achieving these savings would require a 37 percent across the board average cut to all other federal spending<\/strong>, Kogan projects. (That\u2019s a reasonable starting point because Republicans say we can\u2019t cut defense, or entitlements for anyone over 55.)<\/p>\n

That is an enormous cut. That\u2019s a 37 percent cut to everything from veterans\u2019 pensions and benefits to disability for the aging poor to education to scientific research to transportation to foodstamps.<\/p>\n

2) If you only exempt defense spending, and include Social Security and Medicare as targets for cutting, that would still require a 17 percent across the board cut to those major entitlements and all of the rest of the federal government\u2019s programs<\/strong>, Kogan estimates. (That\u2019s also a reasonable starting point, since Republicans have said we do need some entitlement cuts impacting\u00a0 those under 55.)<\/p>\n

3) If you include everything \u2014 entitlements, defense, etc. \u2014 you still have to downsize the entire federal government by 15 percent<\/strong> to get those savings, Kogan projects.<\/p>\n

Every one of those permutations requires enormous cuts to government programs benefiting millions and millions of Americans \u2014 the poor, sick and elderly included \u2014 and having an untold impact on the country. This all but ensures that whatever budget Republicans do produce wiping out the deficit in 10 years will not go into much detail about specific cuts, since the above demonstrates that so doing would be a political impossibility. As noted by Jonathan Chait<\/a>, whose post gave rise to this one, it will inevitably be loaded up by magic asterisks and phantom savings.<\/p>\n

Now, Republicans will object that such deep cuts don\u2019t have to be applied uniformly across the board. Just as they did during the battle over the Ryan budget and over Mitt Romney\u2019s proposals, they will simultaneously refuse to detail where their spending cuts would be focused while insisting any efforts to nail down the true mathematical implications of their proposals \u2014 by, say, extrapolating what they would mean if replied uniformly across the board \u2014 are automatically misleading.<\/p>\n

But as the last election showed, Democrats have cracked this code. Dems fully acknowledged that they were making such assumptions, while noting that those assumptions were made necessary by the Republicans\u2019 refusal to detail specifics. Judging by the election results, it worked, and the GOP effort to obscure the true fiscal implications of their own stated goals didn\u2019t. Given the political impossibility of proposing specific cuts of the above magnitude, Republicans will have to go the obfuscation route again. Which simply means that in extending the debt ceiling, Republicans have exchanged one fantasy for another<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

by Greg Sargent, Washington Post January 23, 2013 click here for original article In order to get its temporary debt limit suspension passed, House GOP leaders had to promise House conservatives a budget that cuts spending so deeply \u2014 with no new revenues, natch \u2014 that it wipes out the deficit in 10 years. What […]<\/p>\n","protected":false},"author":1,"featured_media":780,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8],"tags":[166],"class_list":["post-779","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-defense-budget"],"acf":[],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/peaceeconomyproject.org\/wordpress\/wp-content\/uploads\/2013\/01\/Slash-Federal-Governmnt.jpg?fit=160%2C120&ssl=1","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/posts\/779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/comments?post=779"}],"version-history":[{"count":5,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/posts\/779\/revisions"}],"predecessor-version":[{"id":855,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/posts\/779\/revisions\/855"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/media\/780"}],"wp:attachment":[{"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/media?parent=779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/categories?post=779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/tags?post=779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}