Rand Paul trims down proposed spending cuts

Senator Rand Paul introduced an amendment on the Senate floor Tuesday to cut $200 billion over the next six and a half months.

Senator Rand Paul has trimmed down his proposal to cut $500 billion dollars from the federal budget this year.

Paul introduced an amendment on the Senate floor Tuesday to cut $200 billion over the next six and a half months.

The bill reduces most discretionary spending to fiscal year 2008 levels, making deep cuts to some agencies while sparing others.

 

The amendment would cut military spending by five percent and would not impact war funding.  It would leave entitlement programs and Veterans benefits at current levels.  It also reduces funding by 50 percent to the Department of Energy, Department of Education and the Department of Housing and Urban Development. 

Funding for some independent agencies would be eliminated entirely.

Paul voted against a House proposal to cut $61 billion saying it “doesn’t touch the problem.”

Click here to read more from The Hill

 

 

 

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