REPORT: Conservative group unveils plan to slash spending by $12 trillion

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As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by TheHill.com:

The conservative Republican Study Committee (RSC) on Wednesday unveiled a fiscal 2019 budget blueprint that would slash federal spending by $12 trillion over the next decade.

The 169-page RSC budget, dubbed “A Framework For Unified Conservatism,” comes as Republicans have faced growing criticism for exploding the federal deficit with the GOP tax-cut law and a massive government funding package earlier this year.

The article goes on to state the following:

“We need to earn back the title as the adults in the room, the fiscal people who are responsible — not just for where we are today, but for decades to come,” RSC Chairman Rep. Mark Walker (R-N.C.) said during a pen-and-pad session with reporters.

The RSC offers its own budget blueprint every year to give fiscal hawks a more conservative alternative to whatever budget resolution the House Budget Committee puts forward. While the RSC’s austere budget plan stands little chance of being adopted by the full House, it typically at least gets a House floor vote to appease conservative members of the GOP conference.

The Hill also observed of the budget proposal:

The RSC blueprint balances the budget in eight years, makes deeps cuts to mandatory and domestic spending programs, and overhauls entitlement programs, among other things.

The plan would actually boost defense spending, but it would incorporate a war account known as the overseas contingency operations account into the base defense budget in order to show the true cost of military spending.

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