Posted on 01/15/2011 6:35:37 PM PST by Halo-JM
Sadly figuring this stuff out is what we elect 435 Congress critters and 100 Senators for. The public is not supposed to have to decide what programs get cut. The legislators are supposed to be competent to handle this.
cut it all, and boost the military, with the ongoing and increasing threats across the globe, now, more than ever US and Canada need to keep on top of developing the most state of the art defense equipment, and then follow through on manufacturing said gear.
The GE lobbyist scored, big time.
Thanks. I musta had a senior moment since that is the topic of one of my biggest rants. Foreign aid is upside down logic to begin with, since the more we give to foreign countries, the more foreigners hate us.
Only if you want to!
Not enough. Not even close.
CUT IT ALL!!!!
Not enough. Not even close.
The federal revenue is $2.425 Trillion.
The 2011 budget was to be $3.841 Trillion.
( http://www.fms.treas.gov/mts/mts1110.pdf , table 4)
So the need is to cut the budget by (1 – 2.425 / 3.841 ) x 100% = 36.8%
We can’t cut servicing the debt which is $464.7 Billion. That means the rest of the budget has to be cut by 49.0%.
If interest rates go up (by 2 or 3 times). We almost can’t balance the budget at all without dropping our defense commitments around the world. We are in the range of Greece.
I’m not worried that Liberals don’t understand how much needs to be cut. I am worried that Conservatives don’t know.
Not enough. Not even close.
Defense will have to suffer massive cuts.
That even X% is 49%. That’s right. Everything needs to be cut by 49% except servicing the debt which can’t be cut.
Not enough. Not even close.
A short beginning. Everything needs to be cut 49%. We are in that bad of shape.
It is to me. It appears you’re just indulging yourself. Go to this post: http://www.freerepublic.com/focus/f-chat/2653341/posts and tell me what you think must be cut to get to $0.
Not enough. Not even close.
Delete the department of education, and the department of energy. Both are less than worthless, they are counter productive
10% across the board
lol
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