[quote=no_such_reality]CAR, It just requires a bunch of political sacred cow gorings.
As I’ve stated before, under President Bill Clinton, we’d didn’t suffer from lack of Government services. Start will Bill’s last budget and increase it 3.1% a year on spending.
That means some draconian cuts to things like DOD. The growth in DOD is insane.
At 3.1% funding growth, we end up $80 Billion short on social security.
At 3.6% (the rate of tax revenue growth), we end up $50 Billion short. So we’re going to need to find $50 billion in cuts or taxes. SS needs a goring though, the road is DOA. Future benefits for people currently not retired will need drastic cuts.
Medicaid faces the same challenge as SS.
Homeland security, will have a 60% cut in their budget. A 300% growth since 2001 is nuts. I’ll also say, increase passenger fees to pay for it.
Tax increases, no brainer, the Bush cuts expire.
Every other department will similarly have rollbacks to Clintonian levels which means many will face 20-30% cuts.
Get over it, we can’t grow spending at 6% when the economy grows at 3%.[/quote]
Believe it or not, we’re very much in agreement on most of these things.
