Friday, August 20, 2010

25 Days, $500 Billion Saved

Frank Guinta has reached a major milestone in his ground-breaking “Frank’s Fifty” spending cut initiative. Halfway through the program, Guinta has proposed more than half a trillion dollars in spending cuts. This makes Guinta the leader in calling for fiscal responsibility, targeting 25 wastes of taxpayer money. Among Guinta’s proposals are the elimination of Obamacare, Department of Education, and stimulus funding for projects that, according to the government, have created zero jobs.

“This milestone represents the commitment I have made to taxpayers to give them a Representative in Congress who will finally show some respect for their money,” said Guinta. “Halfway through our Frank’s Fifty program, I’ve proposed half a trillion dollars in savings. I will bring this same commitment to saving taxpayer money after I am elected.”

Today’s spending cut is part two of Guinta’s effort to bring accountability to the budgeting process. Guinta calls for a complete elimination of earmarks. Earmarks are appropriations requested by members of Congress. The requests are tucked into the back of often unrelated legislation, included without public debate, or even an up-or-down vote. In Fiscal Year 2010, more than 9,000 earmarks accounted for more than $16 billion in government spending. On August 2nd, Guinta called for the elimination of all anonymous earmarks, saving $6 billion a year. Finishing the job will save another $10 billion annually.

“Earmarks lacked accountability when Republicans abused the process, and they certainly lack accountability now that Democrats are in charge,” said Guinta. We need to ban this process, and bring real accountability to the budget process.”

Frank Guinta has proposed more than $500 billion in specific spending cuts for next year’s budget in the first 25 days of the “Frank’s Fifty” program. Guinta will announce a specific spending cut every day until the Republican primary on September 14th. There are 26 days until this year’s primary. For more information about Frank Guinta’s campaign, visit