Rich Toscano wrote:pri_dk

[no_such_reality]

[quote=Rich Toscano][quote=pri_dk]
Any plan that is mathematically possible requires big cuts to some combination of defense, social security, and medicare.

And they won’t touch any of those.
[/quote]

Nailed it.[/quote]

2011 Budget:

Revenues (ie Taxes): $2.57Trillion [aka $2,570,000,000,000]
Expenditures: $3.83Trillion [aka $3,830,000,000,000]
Deficit: $1.267 Trillion [aka $1,267,000,000,000]

So, basically, the deficit is 1/3rd. Cut’s need to be 1/3rd of every single expenditure. Or taxes need to be raised.

Remove the sacred cows Social Security and Medicaid and the unavoidable (debt interest), and everything else needs to be cut 50%.

Ending the war is a start, but a pittance. It’s only a little over $100B, but that said, Defense has been on a tear all of the 2000s running 9% annual increase. Snip, neuter, next…