Government Waste

Wednesday, March 2, 2011 - 9:51am

As lawmakers look for ways to slash spending, a new report details waste.

Even with 85 Democrats and 6 Republicans voting no, the plan to extend government funding another two weeks passed the house. It's up for a final Senate vote later this morning.

Senate Majority Leader Harry Reid said, "I'm hopeful that we can work something out with the Republicans to get this done."

The bill cuts four billion dollars over the next two weeks, mainly earmarks…lawmakers' pet projects and education programs that were already on the chopping block. The White House says there's room for more.

White House Press Secretary Jay Carney said, "We could accept, even over a relatively short period of time, $8 billion in cuts."

Republicans insist more cuts are necessary.

Oklahoma Senator Tom Coburn said, "We're borrowing 3 billion dollars a day and we have a CR that's going to save 4 billion a week."

Now the hard work: coming up with permanent funding.

House Speaker John Boehner said, "If the American families can do with less there's no reason the government can't do with less."

In fact, a new report from the Government Accountability Office finds billions in waste, from government agencies doing the same work: 100 programs to plan roads and rail, 82 supporting quality teachers and nearly 50 providing job training.

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