September 8, 2008 - 12:10pm
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PRESS RELEASE: Bosse Keeps $30 Billion Promise

For Immediate Release
September 8, 2008
For more information: Contact Brett, (603) 995-9284

Bosse Keeps $30 Billion Promise

Conservative Candidate Shows Unmatched Commitment to Cutting Spending

(Concord)  Republican Congressional candidate Grant Bosse today completed his groundbreaking “50 Days, 50 Ways to Cut Federal Spending” Initiative, calling for the elimination of the Advanced Technology Program.  Over the past 50 days, Bosse has proposed a cut in federal spending every day, showing a commitment to fiscal discipline unmatched by his rivals.  Overall, Bosse has proposed over $30 billion in annual savings for taxpayers.

“In the Republican Primary, three candidates are asking voters to trust them to cut federal spending if they get elected.  I’m the only candidate willing to tell voters where I would do it,” Bosse said.  “If we want to rebuild the Taxpayer Majority upon which the Republican Party is based, we need to give voters more than empty promises.”

The Advanced Technology Program is a poster child for corporate welfare in Congress.  It provides $139 million each year in taxpayer subsidies for companies to bring new products to market.  After receiving federal money, these companies then profit from their new products, but do not refund taxpayers for their investment.  Bosse has made such corporate giveaways a target of his “50 Days, 50 Ways” Initiative, along with pork-barrel projects and federal programs that can not show any results.

“Voters get to choose the direction of the Republican Party at the polls when they pick the candidate to take on Paul Hodes in November,” Bosse concluded.  “We can stick with earmarks and empty promises, or we can make a real commitment to cutting federal spending.  I’m the only candidate who can be trusted to cut spending in Washington.”

"50 Days, 50 Ways to Cut Federal Spending" proposed a grand total of $30,106,500,000 in taxpayer savings by eliminating unnecessary federal programs.  Bosse's opponents combined to offer $0 in taxpayer savings. To learn more about Bosse’s aggressive grassroots campaign, go to www.Bosse2008.com.

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50 Days, 50 Ways to Cut Federal Spending

  Program                                 Savings


Ethanol Subsidies                    $6,300,000,000

Oil and Gas R&D                    $25,000,000

Univ. Nuclear Energy Program            $15,000,000

CSBG                                      $654,000,000

Denali Commission                 $7,000,000

Education for Native Hawaiians          $33,300,000

Alaska Native Ed. Equity         $33,300,000

Amtrak Long Distance Routes $484,000,000

Clean Coal Technology                       $50,000,000

Peanut Subsidy                                    $140,000,000

ITA Trade Promotion               $305,000,000

Hollings MEP                           $90,000,000

Byrd Scholarships                    $40,300,000

Historic Whaling Partners        $8,800,000

Corp. for Public Broadcasting  $420,000,000

NEA                                        $126,000,000

NEH                                        $143,000,000

National Capital Arts               $8,000,000

Milk Pricing                             $1,150,000,000

Sugar Subsidy                          $160,000,000

Citrus Canker Compensation   $10,000,000

Congressional Pay Raises        2,000,000

Hydrogen Fuel Initiative          $183,000,000

Energy Star Program                $75,000,000

Coal Reclamation Grants         $20,000,000

Export Enhancement Program             $28,000,000

Minority Bus. Dev. Agency     $30,000,000

Market Access Program           $53,000,000

Unverified EITC payments      $8,500,000,000

Foreign Market Dev. Program  $24,000,000

Appalachian Regional Comm. $39,000,000

Emergency Steel Loan Program           $10,000,000

Economic Dev. Administration            $201,000,000

Military Exchanges                  $76,000,000

Federal Building Fund             $552,000,000

Presidential Election Fund       $55,000,000

Graduate Student Loans                       $840,000,000

Administrative Fees to Schools            $144,000,000

Domestic Dependant Schools  $78,800,000

Essential Air Service                $103,000,000

Next Gen. High Speed Rail      $20,000,000

New Starts Transit Program      $1,204,000,000

Repeal Davis-Bacon                $250,000,000

Even Start                                $66,000,000

OPIC                                        $63,000,000

CDBG                                      $4,934,000,000

Import-Export Bank                 $100,000,000

End GSE Portfolio Subsidy      $1,624,000,000

Register GSE's with SEC          $490,000,000

Advanced Technology Program           $139,000,000


Total Annual Savings:  $30,106,500,000

BRIAN LAWSON is a PolitickerNH.com Reporter and can be reached via email at brian.lawson@politickernh.com.