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Feingold Launches "Spotlight on Spending" Series
Regular Feature to Highlight Ways Congress Can Cut Wasteful Spending, Reduce Record Deficit Begins With Feature on $300 Million for a Broadcast to Cuba that Nobody Tunes Into
Washington, D.C. – U.S. Senator Russ Feingold, a member of the Senate Budget Committee, has launched a "Spotlight on Spending" series to highlight actions Congress can take to reduce the deficit. The items Feingold is highlighting are included in his Control Spending Now Act, legislation made up of more than forty individual proposals to reduce the deficit by more than one half trillion dollars. The series will involve regularly highlighting one of the specific provisions in his bill to detail how it could help reduce the nation’s deficit, which is currently $1.42 trillion. Among the more than 40 deficit-reducing provisions in Feingold's Control Spending Now Act are:
- $244.5 billion in deficit reduction by ending the Wall Street Bailout
- $50 billion in deficit reduction by allowing the reimportation of FDA-approved prescription drugs
- $4 billion in deficit reduction by cutting C-17 aircraft the Department of Defense does not want
- $1.8 billion in deficit reduction by ending an IRS slush fund
By shining a light on examples of wasteful spending such as these, Feingold hopes to put pressure on Congress to eliminate these projects and programs and save taxpayer dollars.
Spotlight on Spending
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Save Tens of Billions in Health Care Costs
Cutting Spending on Congressional Offices
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