Thread
:
Let's balance the budget; what would you cut?
View Single Post
01-17-2010, 08:21 AM
#
12
beethyday
Join Date
Oct 2005
Posts
497
Senior Member
Good question, good thread. Budget cutting isn't as easy to do as it sounds. But it is almost too big to cut in a way. We can say "cut ___ department 40%" but we have no idea what would be cut from that department, which programs would have to go, etc. We may rethink once we knew the particulars.
Plus there is loads and loads of waste and inefficiency that could be cut (in theory) without affecting services. How to do that is another story. How do you change the culture of an institution as big as the federal government? How do you cut red tape in one of the world's biggest bureaucracies? Beats me. Plus if things were streamlined, how much money would that save? 10%? 30%? 2%? How inefficient is the gov't anyhow?
Cut defense, cut farm aid, cut a lot of other things people mentioned.
Then, probably, I'd suggest raising taxes on the rich (possibly still below pre-Bush levels, but just throwing out random ideas) with a pledge that all money from that tax would go directly to pay down the debt. Paying down the debt should be something rich folks would be ok with. As the debt declines (and interest payments decline) then the tax would be phased out as well.
Quote
beethyday
View Public Profile
Find More Posts by beethyday
All times are GMT +1. The time now is
01:30 PM
.