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What I've seen reading this so far - all leftists offering no solution to where cuts can be made while those on the right offering reasonable solutions which the left attacks.
Arkansas did exactly that for Medicaid, didn't quite work out. Many states did that for SNAP, same result.
Medicaid is a large part of the budget but going after SNAP is absurd.
In Texas, Medicaid is widely available only for pregnant women and young children. For an adult that isn't a pregnant woman, the income limit is $300 per month. That's one reason the ERs of public hospitals are crowded.
SNAP for adults is generally limited to 3 months out of 36. I think that's a Federal rule.
Abolish the IRS, Flat tax of 17% for everyone. 15 billion a year
Round up illegals and send them home. 151 billion a year
Those on welfare that are able bodied go back to work. Estimated 1,200 billion a year
Eliminate social security and pay out participants. 100 billion high estimate
1 trillion in monies from social security injected into economy creating wealth for investors verses the pittance of social security benefits over a lifetime of working
Good start should I keep going? Give me 4 years. I’ll tear it all down.
Those are all unworkable.
If you abolish the IRS, who collects taxes and makes sure they are calculated correctly? Why do you dislike the IRS?
Most people on welfare work. 80% of households on welfare have at least one person with a job.
Eliminate social security? Do you have any clue as to why SS exists? OR are you in favor of older people starving to death after 45 years of working low paying jobs?
What I've seen reading this so far - all leftists offering no solution to where cuts can be made while those on the right offering reasonable solutions which the left attacks.
The right hasn't offered anything reasonable. The right refuses to cut the military, or any program that helps them, but they are more than willing to make life worse for the poor.
False. You just don't like that the Government is forced to live within its means.
Quote:
Originally Posted by WRM20
If you abolish the IRS, who collects taxes and makes sure they are calculated correctly? Why do you dislike the IRS?
You don't need a $15B bureaucracy and 200,000 employees to do basic multiplication. Income * X percent (and 17% is too high, 8%). Your third grader can do that. Almost all COTS payroll systems can figure this out and remit the taxes to the Government.
Quote:
Originally Posted by WRM20
Most people on welfare work. 80% of households on welfare have at least one person with a job.
Feel free to cut them a check out of your own pocket.
Quote:
Originally Posted by WRM20
Eliminate social security? Do you have any clue as to why SS exists? OR are you in favor of older people starving to death after 45 years of working low paying jobs?
See above. Why are you so insistent that no one is capable of providing for themselves?
If the republicans aren't going to address Medicaid, Defense or SS, how are they going have a balanced budget in 10 years without revenue increases.
The CBO indicated that without addressing the big entitlements and defense and without revenue increases they would have to cut discretionary spending by 86% to balance the budget in 10 years.
Getting rid of the IRS is beside the point we would still need the same revenue or more.
If the republicans aren't going to address Medicaid, Defense or SS, how are they going have a balanced budget in 10 years without revenue increases.
The CBO indicated that without addressing the big entitlements and defense and without revenue increases they would have to cut discretionary spending by 86% to balance the budget in 10 years.
Getting rid of the IRS is beside the point we would still need the same revenue or more.
Your assertion is based on an entirely false premise.
The Federal Government has never successfully collected more than 17% of GDP consistently for at least the past 80 years, NO MATTER WHAT THE TAX RATES HAVE BEEN.
In order for the Federal Government to be solvent, its spending must grow at a rate at or below the rate of GDP growth, AND its spending must be less than 17% of GDP.
There is NO plausible scenario in which the Federal Government balances the budget by raising revenue. A balanced budget must be solely and entirely based on spending cuts and spending cuts alone. End of Discussion.
Last edited by albert648; 03-20-2023 at 07:59 AM..
Could be as simple as 1% the first year...but just do it and continue to do it until deficits/surpluses aren't significant and we are close to a balanced budget.
Our political parties both are careless with their budgets -- federally and state wide.
Bragging that your state has a surplus means your state collect more of your money (doesn't have to come from income tax) than it should. That's not good. That's not any better than a government spending more of your money than they have collected.
So let's stop pretending either party is any better at being fiscally responsible.
Could be as simple as 1% the first year...but just do it and continue to do it until deficits/surpluses aren't significant and we are close to a balanced budget.
Our political parties both are careless with their budgets -- federally and state wide.
Bragging that your state has a surplus means your state collect more of your money (doesn't have to come from income tax) than it should. That's not good. That's not any better than a government spending more of your money than they have collected.
So let's stop pretending either party is any better at being fiscally responsible.
It's bull.
Works for me. But make it 10% per year until we are in surplus, the national debt to GDP ratio is south of 80%, and debt service is nowhere near the largest line item in the budget.
I agree the most painless way to balance the budget is in small increments, and that had better include the military and Congressional spending as well, including salaries to members of Congress.
Quote:
Originally Posted by albert648
Feel free to cut them a check out of your own pocket.
See above. Why are you so insistent that no one is capable of providing for themselves?
History is not on your side here. Why do you think Social Security and welfare exist in the first place?
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