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Wednesday, October 26, 2005

Senate's "Fiscal Watch Team" Introduces Measure to Pay for Storm Recovery, Cut Federal Waste

Sen. Tom Coburn, R-OK, leads the Fiscal Watch Team, which although unofficial also includes senators Sam Brownback, R-KS, Jim DeMint, R-SC, John Ensign, R-NV, John McCain, R-AZ, Lindsey Graham, R-SC, and John Sununu, R- NH.

The Heritage Foundation's budget analyst, Brian Riedl, examines the team's proposal and concludes that the seven "deserve commendation for offering a specific, realistic agenda to restore fiscal sanity and save American taxpayers at least $115 billion over the next two years, and even more thereafter."

He adds that "their innovative proposal would cut wasteful spending, delay unaffordable new spending, and force belt-tightening across other programs." Not a bad day's work, at least for a United States senator, right!

Read all about it here.