Upon being criticized for his way-over-the-top goodie bag program,
President Biden asked, “What would they have me cut? Here’s the easy
half-trillion plus. You got my vote Joe;
and you won the election. So you and your experts
can find the other half-trillion minus needed to get this puppy in line with even
a generous guess at the limits of prudence.
|
Item |
Saving (in billions) |
|
Reduce
$1,400 to $700 in “helicopter” money |
$211.0 |
|
Keep UI
benefit supplement at $300 per week |
$61.5 |
|
Cut
state, local, territorial, tribal funds by half |
$175.0 |
|
No
minimum wage increase, per rules of order |
$54.0 |
|
Limit added
EIDL grants to $8,000 |
$3.0 |
|
Sharply
reduce the foreign affairs line |
$5.0 |
|
Total |
$509.5 |
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