FWIW, I for one don’t accept any of it.
$136 billion right off the top, Education.
$422 billion welfare-related.
$282 billion medicaid to States.
At the same time, abolish the SEC and all it’s laws and regs, get back to direct capital formation - direct between investor and the business they are investing in. Subject to normal business law.
Just for starters.
States need to afford the programs they have or get rid of them.
We need to get back to making things, but simply move up the quality ladder.
That did not address the numbers. You have no leverage unless you are willing to freeze the debt ceiling, and if you do that, the numbers I laid out trigger.
It’s not a listing of cuts. When you freeze the ceiling, it’s a listing of spending — and when you do that you see that it’s not doable.
You can list cuts until the cows come home but unless you are 100% willing to allow default, Obama can just go on vacation and not even bother to negotiate. Boehner would have to raise the ceiling with no cuts at all — or not. Is he willing to freeze the ceiling and see all those necessary services ended? No, he’s not.
No, nobody would be. The most profoundly right wing Tea Party guy would not be.
We have no leverage at all. Were I Obama, I’d give nothing. Not a single dollar of cuts, or maybe $1 billion off DoD just to pretend. Why should he, if he knows they cannot freeze the ceiling.