by elfish
WHY ARE ALL THESE THINGS ARE OFF LIMITS FOR BUDGET CUTTING:
1. Annual Direct Federal Subsides To Industries:
Farm = $16 billion
Airline = $68 billion
Oil = $35 billion.
Coal = $86 billion
Natural Gas = $100 billion
Ethanol = $173 billion
Flood Insurance = $12 billion
Total = $490 billion
This doesn’t count state subsidies. Texas State Subsidies Oil/Gas total $1.4-billion
Indirect Federal, State and Local Oil Subsidies including
Tax breaks, Delpletion Allowance, Oil Pipelines, Monitoring,
Transportation, Remote Sensing/Mapping (USGS), etc. less
environmental costs.
Indirect Spending = $310 billion.
Total Government Subsidies to Businesses: $800-billion.
2. Iowa Senator Chuck Grassley received $1 million in federal Farm handouts over 11 years.
3. Grassley’s son received $699,248.
4. Micheal Bachmann has Recieved $251,973 in corn and milk subsidies.
5. In just four Republican Districts in Texas, Iowa, Nebraska, and Kansas the government
handed out $5.4-billion in farm subsidies to big argi-business.
6 In 2005 alone, the US government spent $4.9 billion guaranteeing Corn and Milk prices.
http://tonto.eia.doe.gov/energyexplained/index.cfm?page=oil_home
http://www.progress.org/2003/energy22.htm
http://www.nytimes.com/2006/10/06/business/06boonies.html
http://en.wikipedia.org/wiki/Agricultural_subsidy
http://www.window.state.tx.us/specialrpt/energy/subsidies/
http://priceofoil.org/fossil-fuel-subsidies/
http://www.gpoaccess.gov/usbudget/fy08/pdf/hist.pdf
http://www.dot.gov/bib2009/crosswalk.htm
http://cleantech.com/news/node/554
http://www.heritage.org/Research/welfare/Test080101.cfm
http://www.truthdig.com/report/item/michelle_bachman_welfare_queen_20091221/
http://www.politico.com/blogs/glennthrush/1209/Antisocialist_Bachmann_got_250k_in_federal_farm_subsidies.html
