All we have to do is cut $1.7 TRILLION from the annual budget and we can easily afford to allow the Bush II tax cuts for billionaires program to continue.
What FEDERAL government spending shall we eliminate?
here's a visual aid to help us see how the money is allocated
Medicare for those with incomes over 65K a year, a large % of the elderly population.
Raise the age to draw social security for those under 50 to age 70, 50- 55 to age 67, 55-60to age 65.
End the war on drugs and release all non violent drug ofenders imediately.
Your chart does no show the Earned Income Credit, eliminate it.
Your chart does not show automatic 5% increases in most programs-freeze that for 10 years except the military if needed.
Cut every government entity 10% now
On and on and on and on and on.
Yes, my chart does not show where money comes from, only were it is spent.
You might find this illuminating
Obama?s 2011 Budget Proposal: How It?s Spent - Interactive Graphic - NYTimes.com
and this you might acually find frightening
proposed budget includes $3.69 trillion
estimated deficit of ..........$1.27 trillion.
So really, if the above numbers are accurate, then we'd have to cut spending by about 33% to eliminate the deficiet in 2011.