Rand Paul proposes $500 billion in federal budget cuts
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FRANKFORT, Ky. (AP) -- U.S. Sen. Rand Paul wants to slash numerous federal programs, including food stamps for the poor, to save $500 billion in a single year.
A legislative proposal Paul introduced on Tuesday would slash $42 billion from the U.S. Department of Agriculture's food stamp program -- a 30 percent spending reduction. His proposal would eliminate numerous other programs, including the Corporation for Public Broadcasting, the Consumer Product Safety Commission and the National Endowment for the Arts.
Paul said the proposal would roll back federal spending to 2008 levels and eliminate what he considers the most wasteful programs.
The Kentucky Republican said he hopes his proposal will spark a dialogue within the Senate about how to repair the nation's economy.