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|    alt.politics.economics    |    "Its the economy, stupid"    |    345,374 messages    |
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|    Message 345,089 of 345,374    |
|    P. Coonan to All    |
|    Trump's federal grant freeze is great ne    |
|    29 Jan 25 03:55:11    |
      XPost: alt.politics.trump, alt.fan.rush-limbaugh, talk.politics.guns       XPost: sac.politics, alt.society.liberalism       From: nospam@ix.netcom.com              Despite the howls of outrage and already-launched lawsuits from the left,       Team Trump’s pause on federal spending on most grants, loans and more is a       wise, perhaps necessary, move to ensure Americans’ tax dollars are well       spent and to keep up the battle against Bidenflation.              The freeze doesn’t impact affect programs that provide direct benefits to       recipients; Social Security, Medicare, Medicaid and food stamps are all       exempt.              Yet the outlays now frozen pour into almost every corner of society and       accounted for up to $3 trillion of federal spending in 2024.              No way was every single dollar of that well-spent or properly overseen;       how much if any was even necessary?              Federal programs and grants typically start because they seem like a good       idea, but almost never end even if they flop; the endless proliferation       guarantees significant waste and misuse.              And when the unfunded spending growth goes on steroids, as it did these       last four years, Americans get hit by inflation.              The memo itself, from the Office of Management and Budget, makes clear why       the freeze is happening: “The American people elected Donald J. Trump to       be President of the United States and gave him a mandate to increase the       impact of every federal taxpayer dollar.”              And while national Democrats like New York’s Chuck Schumer and       Washington’s Sen. Patty Murray are letting out their usual apocalyptic       cries, while New York Attorney General Letitia James and her peers in       other states are suing (and indeed a federal judge temporarily blocked the       freeze late Tuesday), this is a crucial opportunity to put certain       government outflows under a microscope and find out which are really       necessary.              Just the thing to excise federal bloat and potentially save hundreds of       billions (or even more) and so help drive inflation down.              Is this approach coming into the admin via Elon Musk and the techie       philosophy that underlies DOGE?              Certainly, it resembles zero-based budgeting (a fiscal strategy popular in       the startup world) for Uncle Sam.              Under ZBB, past spending isn’t automatically assumed to be justified       during forward budgeting; instead, every dollar slated to be spent       requires an actual reason.              I.e., just because the Antiracist Systemic Justice Center for Progress got       $37 million last fiscal year doesn’t mean it gets $37 million this year,       or even $1. (Agencies have until Feb. 10 to justify their spending.)              Regardless, the memo and the out-of-whack response are strong reminders:       Those trillions do not belong by rights to nonprofits or defense       contractors or research universities.              They belong to the American taxpayer.              And the government these taxpayers repose their trust in has not only the       right but the duty to see that the money’s spent well, in a way that       doesn’t end up hammering everyone’s pocketbook.              https://nypost.com/2025/01/28/opinion/trumps-federal-grant-freeze-is-       great-news-for-americas-taxpayers/              --- SoupGate-DOS v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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