
Federal Spending & The Budget | |
Reducing the Pork in the Budget |
Despite much talk of federal budget-cutting and balancing, there remains a vast reservoir of government programs which few would miss if they were axed tomorrow, according to Citizens Against Government Waste analysts.
Then there is the Davis-Bacon Act, which drives up federal construction costs by an estimated $2.5 billion for each five-year period. Citizens Against Government Waste says cutting just these programs would save more than $200 billion over five years. But it has identified, altogether, 573 federal programs which if eliminated would result in a budget savings of over $1.3 trillion over five years. Source: Perspective, "Cutting Pork," Investor's Business Daily, March 20, 1997. |
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