Friday, January 20, 2017

Trump eyes over $10 trillion in federal spending cuts: report

At NYPOST by Mark Halper:

The incoming Trump administration is looking to cut $10.5 trillion in federal spending over the next decade, an enormous sum that would drastically reduce the size of government, according to a new report.

Details of the plan are still being hammered out by incoming White House staff, The Hill newspaper said Thursday.

The plan so far calls for the ax to be taken to the National Endowment for the Arts and National Endowment for the Humanities.

The Corporation for Public Broadcasting would be privatized under the plan.

The Department of Commerce and the Department of Energy would see sharply reduced budgets.

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