A department-by-department guide to cutting the federal government's budget.
The Department of Commerce subsidizes businesses, restricts foreign trade, and oversees the Census Bureau and Patent Office.
The department will spend about $17 billion in 2010, or about $140 for every U.S. household. It employs 53,000 workers and operates more than 90 subsidy programs.
The Department of Education provides loans and grants to college students and subsidizes elementary and secondary schools.
The department will spend $107 billion in 2010, or about $900 for every U.S. household. It employs 4,100 workers and operates more than 160 subsidy programs.
The Department of Transportation subsidizes and regulates highways, airports, air traffic control, urban transit, and passenger rail.
The department will spend $91 billion in 2010, or about $770 for every U.S. household. It employs 58,000 workers and operates 85 different subsidy programs.
The Budget's Unsustainable Path
The budgetary recklessness that was a hallmark of the Bush presidency has gotten worse under President Obama. Like the previous administration, the Obama administration was fully aware when it took office that the country is facing an entitlement-driven budgetary crisis. Read more
Cutting Spending in a Recession
One of the topics Chris Edwards will be discussing with Glenn Beck this evening (5:00 EST, Fox) is the “Not-So-Great Depression” of 1920-21. Read more
F-35 Price Tag Still Soaring
A couple of weeks ago I discussed the rising cost of the Pentagon’s F-35 Joint Strike Fighter program. Pentagon officials told the Senate Armed Services Committee that costs for the F-35 had jumped more than 50 percent since the program began in 2001. Now the Pentagon has informed Congress that the price tag is going to be even higher when new estimates are completed in the summer. Read more
