Trimming the Bloated Budget
We've sort of skirted about how much we could actually trim the Fed budget. But here are some suggestions from and American Spectator article:
I didn't know that there was a law that requires the IRS to stay below 10% error. Maybe somebody can get fired, after all? Or maybe fined?
1. The U.S. Department of Energy (DOE) just issued a regulation for measuring power consumption in TVs despite the fact that the private sector already has a test method. This DOE-mandated test procedure is a prime example of wasted time and taxpayer money. The DOE should have deferred to the existing industry consensus standard, known as ANSI/CEA-2037, which was developed with input from interested industry and non-industry stakeholders. By mandating its own test procedure, the DOE has tied everyone’s hands, limiting the ability of industry to maintain test procedures that benefit consumers and existing programs such as ENERGY STAR and EnergyGuide. The DOE should withdraw its new regulation and stop spending money reinventing the wheel.
2. The Obama Administration has effectively reversed the Clinton welfare reforms by allowing states to opt out. Congress can put the Clinton reforms back into effect, saving billions
by some estimates.
3. Federal entitlement spending is out of control, and the system is widely abused. Just consider Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI), which together dole out checks to some 14 million
Americans each month. Disability costs taxpayers more than welfare and food stamps combined — about $260 billion per year. While some workers genuinely need the aid, many are simply gaming the system and not going back to work.
4. In 2011, taxpayers paid $155 million
for federal employees to work for their unions in a practice called “official time.” In other words, taxpayers are footing the bill while government employees work for unions — not for the taxpayers.
5. Last year alone, the IRS squandered $11.6 billion
in erroneous refunds through the Earned Income Tax Credit (EITC) — accounting for about 21 percent of all EITC payments in 2012. Federal law requires the IRS to keep errors under 10 percent, but the agency has failed to comply for the past two years.