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Do you know what these federal agencies do March 17, 2017

Posted by hslu in 美國, Debt and deficit, Trump, US Government.
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If Trump gets what he wants, these 19 federal agencies will be eliminated in 2018. Have you heard of them and do you know what they do?

Here is the list of agencies which are on the chopping block and how much each of them costs American tax payers in 2017.

Source: Yahoo news.

http://finance.yahoo.com/news/trump-budget-eliminates-19-federal-220948174.html

  1. African Development Foundation; $28.2 million
  2. Appalachian Regional Commission; $120 million
  3. Chemical Safety Board; $12.4 million
  4. Corporation for National and Community Service; $1.1 billion
  5. Corporation for Public Broadcasting; $445 million
  6. Delta Regional Authority; $15.9 million
  7. Denali Commission; $19 million
  8. Institute of Museum and Library Services; $230 million
  9. Inter-American Foundation; $22.2 million
  10. U.S. Trade and Development Agency; $80.7 million
  11. Legal Services Corporation; $502.7 million
  12. National Endowment for the Arts; $149.8 million
  13. National Endowment for the Humanities; $149.8 million
  14. Neighborhood Reinvestment Corporation; $140 million
  15. Northern Border Regional Commission; $5 million
  16. Overseas Private Investment Corporation; Self-sustaining
  17. U.S. Institute of Peace; $37.9 million
  18. U.S. Interagency Council on Homelessness; $3.6 million
  19. Woodrow Wilson International Center for Scholars; $10.4 million

Total amount eliminated: $3.07 billion.

Is it enough? Hmm…. It’s less than 0.6% of the estimated federal deficit for FY 2018.

Looks like that we need to get rid of a lot more than 19.

  • FY 2016 Federal deficit: $587 billion (actual)
  • FY 2017 Federal deficit: 504 billion (estimate)
  • National debt: $19.9 trillion (estimate)
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