The Department of Agriculture administers large farm subsidy programs and runs the food stamp and school lunch programs.
The department will spend about $152 billion in 2011, or about $1,200 for every U.S. household. It employs 98,000 workers and operates more than 235 subsidy programs.
The Department of Transportation subsidizes and regulates highways, airports, air traffic control, urban transit, and passenger rail.
The department will spend $79 billion in 2011, or about $670 for every U.S. household. It employs 58,000 workers and operates 84 different subsidy programs.
The Department of Labor oversees unemployment insurance, provides training programs, and imposes an array of union and workplace regulations.
The department will spend about $148 billion in fiscal 2011, or $1,250 for every U.S. household. It employs more than 17,000 workers.
In the Washington Post Friday, Ezra Klein
partly confirmed what I fear the Republican strategy is for the debt-limit bill—get to the $2 trillion in cuts promised through accounting gimmicks. As I have also noted
, Klein says that there is about $1 trillion in budget “savings” ($1.4 trillion with interest) to be found simply in the inflated Congressional Budget Office baseline for Iraq and Afghanistan. Klein says, “I’m told that a big chunk of these savings were included in the debt-ceiling deal” that Rep. Eric Cantor (R-VA) and Sen. Jon Kyl (D-AZ) are negotiating with the Democrats. Read more
With the nation's unemployment rate still above 9 percent and a steady stream of worrisome labor news (the latest statistic: 429,000 new unemployment claims last week), federal policymakers are facing pressure to do something about joblessness. The giant 2009 stimulus bill was supposed to cut unemployment to less than 7 percent by now — but that clearly hasn't worked as planned. Read more