Conservative Budget Cuts
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When House Budget chairman Paul Ryan (R-WI) released his tax reform plan recently, liberals pounced on it as an unfair giveaway to the rich. In The Washington Post , E.J. Dionne claimed that Ryan’s tax plan would increase the deficit and “expand benefits for the wealthy,” while Dana Milbank said that the plan would “disproportionately help the rich.” A New York Times editorial said that under the Ryan plan, “the rich pay less in taxes than the unfairly low rates they pay now.” Read more
Downsizing the Federal Government
➢ Eliminate duplicative education programs. H.R. 2274 (in last Congress), authored by Rep. McKeon, eliminates 68 at a savings of $1.3 billion annually. ➢ Exchange Programs for Alaska, Natives Native Hawaiians, and Their Historical Trading Partners in Massachusetts. $9 million annual savings.
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Registration Open for Advanced Materials Research Exchange at Oak Ridge National Laboratory On May 31, Oak Ridge National Laboratory and the Southern Advanced Materials in Transportation Alliance will host a meeting on the transportation and advanced materials industries, which are projected to have an important economic impact in the South and parts of Appalachia. Economic development officials, representatives of private industry, and public and private researchers are encouraged to attend. Registration for the event is free; the deadline for U.S. citizens to register is May 15. More information
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IPCC - Intergovernmental Panel on Climate Change
The three Working Groups full reports and the Synthesis Report, the final part of the AR4, are available online (see here below). Hardcopies of the Summaries for Policymakers + Technical Summaries are available for free in the 6 UN official languages upon request to the IPCC Secretariat. Hardcopies of the full reports can be purchased from Cambridge University Press . A limited number of free copies are available for academic institutions from developing countries and countries with economies in transition upon request to the Secretariat.
During World War II and the Korean conflict, the United States imported half the wool required for military uniforms. Determined to reduce dependence on foreign fibers and to insulate American producers from foreign competition, Congress declared wool a strategic material and enacted the National Wool Act in 1954. The Act was designed to increase domestic production of wool by providing direct payments to farmers based on a percentage of their market sales. In other words, the more wool farmers produced, the more federal funding they received.
Department of Agriculture
House GOP Lists $2.5 Trillion in Spending Cuts - US News and World Report
Moving aggressively to make good on election promises to slash the federal budget, the House GOP today unveiled an eye-popping plan to eliminate $2.5 trillion in spending over the next 10 years. Gone would be Amtrak subsidies, fat checks to the Legal Services Corporation and National Endowment for the Arts, and some $900 million to run President Obama's healthcare reform program. [See a gallery of political caricatures.] What's more, the "Spending Reduction Act of 2011" proposed by members of the conservative Republican Study Committee, chaired by Ohio Rep. Jim Jordan , would reduce current spending for non-defense, non-homeland security and non-veterans programs to 2008 levels, eliminate federal control of Fannie Mae and Freddie Mac, cut the federal workforce by 15 percent through attrition, and cut some $80 billion by blocking implementation of Obamacare. [See a slide show of the top Congressional travel destinations.]
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