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Romney Proposals Would Slash Nondefense Programs
Mitt Romney’s budget proposals would require cutting nondefense discretionary spending to levels not seen in decades, our new analysis finds. Here’s the opening:
For nondefense discretionary programs, these cuts would come on top of the 17-percent cut already in law due to the discretionary funding caps of the Budget Control Act that Congress enacted last August and the automatic cuts (or “sequestration”) scheduled to start in January 2013. Our estimates of the depth of cuts that the Romney proposals would require are consistent with what Governor Romney himself has said about the required cuts.
These cuts are far deeper than those that House Budget Committee Chairman Paul Ryan’s (R-WI) austere budget plan would require. They would shrink nondefense discretionary spending — which, over the past 30 years, has averaged 3.7 percent of gross domestic product (GDP) and never fallen below 3.2 percent — to just 1.7 percent of GDP by 2021.
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