Some Docs From The Committee On The Budget

H.R. 4213, THE ‘EXTENDERS’ BILL (MORE TAXES, MORE SPENDING, AND MORE DEBT)

CREATE A SUNSET COMMISSION

REFORM, BRING TRANSPARENCY TO FANNIE MAE AND FREDDIE MAC (saves at least $30 billion)

ADOPT THE LEGISLATIVE LINE-ITEM VETO

FREEZE GOVERNMENT PAY (saves $2 billion in 2011 and $30 billion by 2020)

REDUCE GOVERNMENT EMPLOYMENT TO PRE-‘STIMULUS’ LEVELS (saves $3.5 billion in 2011 and $35 billion over 10 years)

CUT AND CAP DISCRETIONARY SPENDING (saves up to $925 billion over 10 years)

CANCEL REMAINING ‘STIMULUS’ FUNDS (saves $266 billion in combined mandatory and discretionary spending over 10 years)

CANCEL UNUSED TARP FUNDS (prevents $396 billion in new disbursements; saves $16 billion from 2011 through 2020)