parados wrote:That's interesting MM..
This is what I get if I cut everything by 50% but military, SS, medicare and interest (which you can't cut). I cut the Iraq war funding by 50% too. Did you really give up on Iraq MM?
This is what I got...
Quote:Budget Totals
Old budget was $3747.36 billion
($2672.527 billion in spending, $1074.833 billion in tax expenditures and cuts).
New budget is $3199.53 billion
($2124.7 billion in spending, $1074.83 billion in tax expenditures and cuts).
You have cut the deficit by $547.83 billion.
Your new deficit is $-146.82 billion.
Oops!
You've cut so much that the federal budget now contains a substantial surplus. Many economists warn that this budget may help induce or prolong a recession, and ordinary citizens demand a refund. You might want to cut taxes or raise spending.
Where's that other 110 Billion mm?
I totally eliminated the govt spending on college education,in terms of govt financing loans or college educations.
College is not a right,so I dont think the govt should be financing it.
I did eliminate ALL subsidies and tax breaks for farms and business,because I dont think the govt should be financing those.
No,I didnt give up on Iraq,I consider that to be part of military spending.
CJ said...
Quote:Hah, I cut the deficit by 480 billion dollars, decreasing military spending
by 70 % yet increasing all social programs by 10 %.
Actually, by decreasing military spending, the deficit can be eliminated
in a few years, regardless of other spending increases.
Pretty sad, considering how rich the entire nation could be if it
weren't for the horrendous military spendings.
You cant cut military spending by 70%.
You seem to forget that a large part of the spending goes to feeding,housing,and medical care for active duty and vets.
Also,the general public has benefitted from military spending,and I dont mean for defense.
For example...
Kevlar for police officers
GPS for auto's and busses
The internet started as a military program
Many advances in medical emergency care came about because of military research
There are other examples of military spending that have benefitted the general public,and are now used daily in civilian life.