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Republicans aim to cut $2.5T in 10 years

WASHINGTON, Jan. 20 (UPI) -- The Republican Study Commission put down a "marker" Thursday on U.S. spending, introducing a bill to cut $2.5 trillion in a decade.

The chairman, Rep. Jim Jordan, R-Ohio, laid out the plan, The Hill reported. The measure would roll back spending to 2008 for 2011 and to 2006 levels for 10 years.

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Jordan called the plan a "marker" in the debate on funding the government through the rest of the fiscal year.

The cuts would come entirely from discretionary spending, excluding money spent on defense, CNN reported. Defense, entitlement programs and debt service make up 81 percent of the budget.

The list of cuts includes favorite conservative targets including the Corporation for Public Broadcasting, Amtrak, the National Endowment for the Arts and President Obama's healthcare plan. The bill would ban any government spending on the healthcare plan in 2011 and bar the administration from defending it against lawsuits.

The bill would also end automatic raises for civil servants for five years and freeze hiring, cutting the workforce 15 percent through attrition. After that, it would require two employees to depart for every new hire.

Majority Leader Eric Cantor, R-Va., said he would call for an up-or-down vote on the bill.

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