Congressman Rohrabacher Joins Rsc In Introducing Alternative Budget

Mar 8, 2006
Press Release

Washington, Mar 8, 2006 -

Today Congressman Dana Rohrabacher (R-CA) and other members of the Republican Study Committee (RSC) rolled out the FY2007 budget that would balance the budget by 2011.

“Just as brave patriots before us have sacrificed to make a better America, so must we now. The time has come to draw the line in the sand and refuse to pass along a monstrous amount of debt to our children,” said Rep. Rohrabacher at the RSC press conference.

The RSC budget:

  • Proposes the elimination of over 150 federal programs
  • Includes pro-growth tax policy (guards against automatic tax increases)
  • Makes no changes to Social Security
  • Makes real reductions in discretionary spending
  • Proposes $358 billion in reconciliation savings over five years (the original “Contract with America budget included $346 billion in reconciliation savings over five years, $684 over seven years.)
  • Proposes $392 billion in net deficit reduction over five years (this includes $691 billion in initial savings minus $299 billion in defense and veterans increases)
  • Increases defense spending to the President’s FY 2007 request
  • Reduces foreign aid by $31 billion over five years
  • Significantly restructures three cabinet agencies: Commerce, Energy, and Education
  • Block grants Medicaid, SCHIP, most federal education programs, WIA job training programs
  • Rescinds highway bill earmarks
  • Repeals the federal gas tax in 2012
  • Caps Medicare growth at 5.4% annually
  • Increases veterans spending
  • Allows drilling in ANWR
  • Repeals the Davis-Bacon Act
  • Reforms agricultural production programs
  • Includes budget process reform
  • Calls for earmark reform and a constitutional line-item veto
  • Calls for a federal sunset commission

 

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