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The Menu of Government Spending Cuts

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  • Description

    FBN’s Neil Cavuto breaks down just a few ways the government could save billions.

  • Duration 2:02
  • Date

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This transcript is automatically generated

Finally let me cut to the chase it is easier to cut then -- think especially when you could select from a prefix menu.

Provided by the very folks both parties all the call -- that -- spending standards the Congressional Budget Office the ceemea.

And the list it's put together is at the cutting listed all it's more like cut.

Just slowing the incredible in Greece and everything government list and it's open to all.

So you're not really cutting as much as your slowing spending slowing a little but saving a lot.

It's true the CBO even has a blueprint on menu.

But we're doing little things could -- big things things like defense.

Just renews its growth of funding by 1% annually you save a 116.

Or eight -- 61 billion bucks over ten years.

Do the same 1% saving for all agencies other -- defense -- talking 931 billion over the same ten years.

287.

Billion converting the federal share of Medicaid payments for long term care services into a block grant.

181.

Billion reducing the floor on federal matching rates for Medicaid Services.

85 billion limiting highway funding -- expected highway revenues no more no less.

73 million adopting about your plans for federal contributions to federal employees -- -- evidence.

Just those relatively minor adjustments that take no benefits away from any -- -- you're looking at more than 2.4 trillion dollars in spending savings.

Two and a half trillion box.

Not bad for what we're a little more than a few of the does at a different savings ideas no less than the CB -- concocted to get us out of the spending -- Not -- spending just slowing spending.

Not throwing granny off a -- making sure she never gets even close to that led.

And doubly sure her children and grandchildren do not either.

This is all about moving in increments my friends and because the numbers are so big be incremental savings -- through these adjustments -- will be even bigger.

We can do this.

It -- our politicians over their minds but first.

They have to open their eyes and just -- and that and these all right you've heard about.

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