Jun 09 2010
Dr. Coburn Has Filed the "Debt Extenders" Pay For Amendment 4331 to H.R. 4213, the Tax Extenders Act
Total savings proposed: $126 billion +
Dr. Coburn has filed Amendment 4331 to H.R. 4213, the Tax Extenders Bill, that provides ways to pay for extenders with savings along with striking the tax increases included in the bill. The total savings proposed in this amendment is over $126 billion.
SEC. ___1. DISCLOSING TRUE COST OF CONGRESSIONAL BORROWING AND SPENDING.
SEC. ___2. REDUCING BUDGETS OF MEMBERS OF CONGRESS.
$100 million one time savings
SEC. ___3. ENACTING THE WHITE HOUSE’S PROPOSED FIVE PERCENT CUT ON GOVERNMENT SPENDING.
$22 billion one time savings
SEC. ___4. ELIMINATING NONESSENTIAL GOVERNMENT TRAVEL.
$10 billion ten year savings
SEC. ___5. REDUCING UNNECESSARY PRINTING AND PUBLISHING COSTS OF GOVERNMENT DOCUMENTS.
$4.4 billion ten year savings
SEC. ___6. DISPOSING OF UNNEEDED AND UNUSED GOVERNMENT PROPERTY.
$15 billion in direct savings/revenue
SEC. ___7. AUCTIONING AND SELLING OF UNUSED AND UNNEEDED EQUIPMENT.
$250 million ten year savings
SEC. ___8. CAPPING THE TOTAL NUMBER OF FEDERAL EMPLOYEES.
SEC. ___9. TEMPORARY ONE-YEAR FREEZE ON COST OF FEDERAL EMPLOYEES SALARIES.
$2.6 billion one time savings
SEC. __10. COLLECTION OF UNPAID TAXES FROM EMPLOYEES OF THE FEDERAL GOVERNMENT.
$3 billion in revenues
SEC. __11. REDUCING EXCESSIVE DUPLICATION AND OVERHEAD WITHIN THE FEDERAL GOVERNMENT.
SEC. __12. ELIMINATING BONUSES FOR POOR PERFORMANCE BY GOVERNMENT CONTRACTORS.
$8 billion ten year savings
SEC. __13. $1 BILLION LIMITATION ON VOLUNTARY PAYMENTS TO THE UNITED NATIONS.
$10 billion ten year savings
SEC. __14. RETURNING EXCESSIVE FUNDS FROM AN UNNECESSARY, UNNEEDED, UNREQUESTED, DUPLICATIVE RESERVE FUND THAT MAY NEVER BE SPENT.
(Women, Infants and Children special supplemental program)
$362 million one time savings
SEC. __15. RESCINDING A STATE DEPARTMENT TRAINING FACILITY UNWANTED BY RESIDENTS OF THE COMMUNITY IN WHICH IT IS IT IS PLANNED TO BE CONSTRUCTED.
(State Department training facility in Ruthsberg, Maryland)
$500 million one time saving
SEC. __16. ELIMINATING A WASTEFUL AND INEFFICIENT GOVERNMENT PROGRAM.
(Energy Star program)
SEC. __17. RESCINDING UNSPENT FEDERAL FUNDS.
$50 billion one time savings
SEC. __18. REDUCING WASTEFUL ENERGY COSTS BY THE DEPARTMENT OF ENERGY.
$13.8 million one time savings
SEC. __19. STRIKE AN EARMARK IN THE BILL PROVIDING HIGHER PAY RATES FOR SOME CALIFORNIA DOCTORS
$400 million in savings over 10 years
SEC. __20. STRIKE TAX INCREASES
Reduces new tax increases by $47.5 billion
Click here for amendment text.
Click here for a section-by-section summary of the "Debt Extenders" Pay For Amendment filed to H.R. 4213, the Tax Extenders Bill.
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