Last week, the National Taxpayers Union Foundation released the most comprehensive and up-to-date research on what the so-called “Super Committee” could implement in the final hours of deliberation. The failure of the committee will result in automatic spending cuts for both discretionary and mandatory spending programs. However, Congress could still act to achieve the $1.2 trillion in spending cuts and savings by consulting NTUF’s BillTally savings list. In fact, not only would Congress reach the target savings figure but an additional $300 billion in HALF the required time. The BillTally program measures proposed changes in federal spending using a five budget year window, rather than the ten year window used by the Super Committee.
The “Super Committee Failure Edition” of the Taxpayer’s Tab includes (all figures exclude overlapping provisions):

• Total proposed saving figures for both chambers through mid-November in the 112th Congress
• Proposed savings broken out by category
• Savings bills introduced by party

Be sure to check out the Taxpayer’s Tab “Super Committee Failure Edition” here. The 199 savings bill list of both the House and Senate can be viewed here.
Photo courtesy of Frum Forum