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Thursday, July 22, 2010

postheadericon Republican appropriations alternative Would Save billions of tax dollars, preserve a strong ...

In the first full Appropriations Committee mark up of the year yesterday, Republicans on the Appropriations Committee attempted to limit government spending by offering an alternative funding proposal for discretionary spending. In contrast to the Democrats’ plan, the Republican proposal would save $31 billion next year and $341 billion over the next decade.  The Republican alternative also includes additional resources for national defense, while still providing a sensible level of non-security spending for key investments in areas such as education, medical research, and transportation. By contrast, the Democrats’ proposal would cut defense and security spending by $7 billion in order to fund their domestic priorities, which could impair military readiness and national security.

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