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Originally Posted by Mazrim
Ah, if only it was this simple. You'd think they would have done this by now.
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Quote:
Originally Posted by CaptainCrunch
Its the $500 billion thats tough to handle. If you're going to cut you're going after the major rails of their government policy. Social Programs, or defense.
The U.S. military budget is at $664 billion, which sounds like a lot, but it represents 4.3% of their GNP. Now I get numbers anywhere from 664 to 948 so who knows, it looks like their biggest budget chunk is pensions at 900 billion.
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Well the solution to the problem is easy. Quit spending so much and modify the tax code to help the middle class and get the rich, who by all accounts aren't paying that much in taxes, to pay more.
The $500 billion will be tough to handle. Everything from the military, to social programs to food stamps will have to be cut. But then again, if you cut taxes to the middle class, but offset them with higher taxes for rich people....the loss of the food stamps won't matter.
Will it be hard for some people? Sure it will. But is there any other way? Not if you want to sustain some long term success for the country.