Wednesday, February 2, 2011

Things to Cut From the Federal Budget

(1) Orphan earmarks - some congressman want to give the money to the states they were originally allocated for, how about we give the money back to to the Treasury to lower to deficit and interest payments!

(2) Planned Parenthood - Caught in an "ACORN" like sting on how to give 14 year old abortions. They earn money giving abortions, the left should fund this operation out of their own pockets.

(3)Charitable deductions over $10,000. If a millionaire wants to give a piece of art to a museum, why should the taxpayers support it?

(4) Tax donations of stocks and liquid assets over $10 million. If Bill Gates gives 3 billion in stock to his foundation, he doesn't pay any tax on it and gets a tax deduction. Eliminate the tax deduction and make sure the government gets their share(about $1 billion).

(5) Eliminate funding for PBS. Let the left fund NPR and Bill Moyer. Let the right fund which ever is the supposedly conservative show their is on PBS. With cable and satellite TV, there is no need to fund PBS. Merchandising rights to Sesame Street characters, etc can fund those programs (along with parents). Or just sell advertising.

(6) Eliminate the subsidy for sugar, allow it to be imported at market rates.

(7) Eliminate the subsidy for ethanol - it is driving up the price of food across the board.

(8) Eliminate all farm/corporate subsidies that are not crucial.

(9) Eliminate all frivolous regulations. Each regulation should be include a reason why implemented, what the expected outcome should be, and a termination date if the expected outcome does not occur. Each regulation should be reviewed every few years to see if it is still needed.

(10) Streamline rules that will allow any person to start a small business.

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