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Showing posts with label 22 May 2011 version. Show all posts
Showing posts with label 22 May 2011 version. Show all posts

Wednesday, May 25, 2011

You Cut! - May 22, 2011 Version


Here we are again Boys and Girls,...go to You Cut and add your voice with your choice on what ridiculous Government spending we can do without. I voted to terminate U.S. Contributions to the U.N. Population Fund. The United Nations is one of the most corrupt organizations in the World and serves as a conduit for wasting American taxpayers money.

Terminate the Ambassador's Fund for Cultural Preservation
Saves $60 million
Under this program, American Ambassadors can request funding for grants to preserve the cultural heritage of their host countries, such as restoration of historic buildings, documentation of music or vanishing craft techniques or languages, and conservation of museum collections. The program provided $6 million in grants during 2010, including $575,000 to preserve an 18th Century Mongolian monastery, $30,466 to document traditional Pygmy music in the Congo, $47,000 to preserve carpet weaving traditions in Kazakhstan, and $39,000 to restore 19th Century furniture at the Anton Chekhov House Museum in Ukraine. Termination of the program would save approximately $60 million over the next ten years.


Terminate U.S. Contributions to the Asian Development Fund
Saves $356 million
The Asian Development Fund provides concessional “soft loan” funds at the Asian Development Bank, an international multilateral financial institution which provides loans to governments in the Asian-Pacific region. The Fund supports lending to countries in the region that are least credit-worthy due to low per-capita incomes, limited debt-repayment capacity, and limited access to financial markets. Loans are used to promote economic growth and fund anti-poverty efforts in the borrowing countries. Pakistan borrows about $1.5 billion annually from the fund for projects such as development of its transportation systems and providing urban services. The U.S. Government made a four-year commitment to the Fund of $461 million, of which only one installment of $105 million has been paid so far. Terminating further U.S. contributions to the Fund will save $356 million over 10 years.


Terminate U.S. Contributions to the United Nations Population Fund
Saves $400 million
In the 1980s, President Ronald Reagan withheld all U.S. contributions to the United Nations Population Fund (UNFPA) after determining that UNFPA participated in the support and co-management of China’s population control program. Under the Bush administration, the U.S. withheld funds for the UNFPA from America’s annual contributions to the United Nations due to UNFPA’s complicity in China’s one-child policy enforced through coercive abortion and involuntary sterilization, but the Obama administration and the 111th Congress resumed contributions to UNFPA. HR 1 sought to terminate UNFPA funding, which stood at $55 million in FY 2010. UNFPA funding was cut by $15 million, to $40 million in the final agreement over FY 2011 spending. The President’s 2012 Budget requests $47 million for the program.