Spending Under Republican Study Committee Plan

Veronique de Rugy puts the savings contained in the Republican Study Committee’s Spending Reduction Act of 2011 in context.

Mercatus Center Senior Research Fellow Veronique de Rugy puts the savings contained in the Republican Study Committee’s Spending Reduction Act of 2011 in context.  As shown, the $2.5 trillion in proposed federal spending cuts are far from drastic; they represent roughly a 5% decrease in spending between now and the year 2021 .