- I saved $226 billion for 2015, and for 2030 I saved $95 billion
- 75% of the reducing came from tax increases
- 25% of the reducing came from spending cuts
- In reflection, I would have thought this would be easy, but for each and every change I made I had to think about who it would affect, was it necessary, how are people going to react to this, is it worth it? Of all the choices that I made, few were easy, but the ones that were easy included: earmarks no more, carbon tax, millionaire tax, and reducing our nuclear arsenal. The hardest choices were ones like national sales tax, reducing troops overseas.
- I think that if i tried to put any of these proposals through congress it would not be close to working, I mean why would we even be talking about reducing the debt if there was an agreeable way of easily reducing it. Maybe some of my ideas would go through, but the Congress we have now is divided and partisanship weighs heavy on every decision. And even if there were any compromise ( if there were we would have seen it already!) then it most likely would not be enough to reduce both the debt and the deficit.
Thursday, December 15, 2011
Budget Puzzle: Solved!
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