Think you can balance the budget?

[fuzzykitten99]

Not as easy as it looks.

http://www.nathannewman.org/nbs/shortbudget06.html

 

[GotZoom]

You have cut the deficit by $43.46 billion.

I'll take 10% for my cut thank you.

 

[Mr. P]

You have cut the deficit by $952.19 billion.

That was easy. Just take out the spending Government has no business doing.

 

[fuzzykitten99]

That was easy. Just take out the spending Government has no business doing.

exactly.

its kinda fun playing with the numbers. but i thought it was hard because my conscience would get in the way of common sense. I had to stifle the feeling bad about cutting programs that some people really do need, with the thoughts of more people that don't need the programs, take advantage of them, than people who really do.

my average deficit cut was about $700 bil.

 

[no1tovote4]

Budget Totals
Old budget was $3747.36 billion
($2672.527 billion in spending, $1074.833 billion in tax expenditures and cuts).
New budget is $3342.79 billion
($2416.7 billion in spending, $926.09 billion in tax expenditures and cuts).

You have cut the deficit by $404.57 billion.
Your new deficit is $-3.56 billion.

My first result was a 137 Billion dollar surplus, but economists say that would prolong a recession... So I tinkered.

 

[archangel]

this is the real problem...anyone know of the abuse that goes on with Grants?
It is phenominal...why is the government involved with grants anyway?...this should be kept in the private sector!

 

[dmp]

Your New Budget

Budget Totals
Old budget was $3747.36 billion
($2672.527 billion in spending, $1074.833 billion in tax expenditures and cuts).

New budget is $3341.94 billion
($2252.36 billion in spending, $1089.58 billion in tax expenditures and cuts).
You have cut the deficit by $405.42 billion.
Your new deficit is $-4.41 billion.

Spending
$535.33 billion: Military Spending
$134.22 billion: Iraq War and Afghanistan Operations
$127.03 billion: Veterans & Retired Military Pensions and Services
$9.48 billion: International Affairs
$16.78 billion: Science, Space and Technology
$28.62 billion: Agriculture
$77.74 billion: Transportation
$15.28 billion: Community and Regional Development
$64.07 billion: Education
$47.81 billion: Training, Labor and Unemployment Programs
$177.32 billion: Non-Medicare Health Spending
$79.13 billion: Civilian Retirement (Social Security excluded)
$165.42 billion: Aid to Low-Income Families
$6.13 billion: Commerce and Housing Loan Programs
$544.82 billion: Social Security
$38.79 billion: Administration of Justice
$15.98 billion: General Government Administration
$211.08 billion: Net Interest
Tax Expenditures and Tax Cuts
$324.06 billion: 2001 and 2003 Tax Cuts
$54.32 billion: Corporate Tax Breaks
$78.04 billion: Personal Business and Investment Benefits
$168.47 billion: Pension and Retirement Tax Benefits
$140.99 billion: Health Insurance Tax Benefits
$163.71 billion: Housing Tax Benefits

Spending ($2252.36 billion: cut $420.16 billion)

$535.33 billion .... Military Spending
Increased $89.23 bil. from base of $446.105 bil.( 20%)
$134.22 billion .... Iraq War and Afghanistan Operations
Increased $22.37 bil. from base of $111.851 bil.( 20%)
$127.03 billion .... Veterans & Retired Military Pensions and Services
Increased $11.55 bil. from base of $115.482 bil.( 10%)
$9.48 billion ...... International Affairs
Cut $22.1 bil. from base of $31.590 bil.(-70%)
$16.78 billion ..... General Science, Space, and Technology
Cut $7.18 bil. from base of $23.967 bil.(-30%)
$1.7 billion ....... Non-Defense Energy Spending
Cut $0.41 bil. from base of $2.121 bil.(-20%)
$0 billion ......... Natural Resources and Environment
Cut $31.15 bil. from base of $31.163 bil.(-100%)
$28.62 billion ..... Agriculture
Increased $2.6 bil. from base of $26.020 bil.( 10%)
$77.74 billion ..... Transportation
Increased $7.07 bil. from base of $70.673 bil.( 10%)
$15.28 billion ..... Community and Regional Development
Cut $3.81 bil. from base of $19.097 bil.(-20%)
$64.07 billion ..... Education (No Change)
$47.81 billion ..... Training, Labor and Unemployment Programs (No Change)
$177.32 billion .... Non-Medicare Health Spending
Cut $75.99 bil. from base of $253.320 bil.(-30%)
$0 billion ......... Medicare
Cut $345.74 bil. from base of $345.746 bil.(-100%)
$79.13 billion ..... Civilian Retirement (Social Security excluded)
Increased $7.19 bil. from base of $71.940 bil.( 10%)
$165.42 billion .... Aid to Low-Income Families
Cut $41.34 bil. from base of $206.773 bil.(-20%)
$0 billion ......... General Family Support
Cut $25.61 bil. from base of $25.619 bil.(-100%)
$6.13 billion ...... Commerce and Housing Loan Programs
Cut $0.68 bil. from base of $6.816 bil.(-10%)
$544.82 billion .... Social Security (No Change)
$38.79 billion ..... Administration of Justice
Cut $4.3 bil. from base of $43.099 bil.(-10%)
$15.98 billion ..... General Government Administration
Cut $1.76 bil. from base of $17.754 bil.(-10%)
$211.08 billion .... Net Interest (No Change)
$-44.37 billion .... Undistributed Offsetting Receipts and Allowance (No Change)

Tax Expenditures ($1089.58 billion: increased $14.75 billion)

 

[Mr. P]

exactly.

its kinda fun playing with the numbers. but i thought it was hard because my conscience would get in the way of common sense. I had to stifle the feeling bad about cutting programs that some people really do need, with the thoughts of more people that don't need the programs, take advantage of them, than people who really do.

my average deficit cut was about $700 bil.

Same here..SSI shouldn't be there, but I left it alone.

 

[Hagbard Celine]

Budget Totals
Old budget was $3747.36 billion
($2672.527 billion in spending, $1074.833 billion in tax expenditures and cuts).
New budget is $3346.3 billion
($1949.02 billion in spending, $1397.28 billion in tax expenditures and cuts).

You have cut the deficit by $401.06 billion.
Your new deficit is $-0.05 billion.

That's as close as I could get.

 

[BaronVonBigmeat]

Something's wrong, my entire federal budget should be somewhere around $500 billion tops, lol.

Old budget was $3747.36 billion
($2672.527 billion in spending, $1074.833 billion in tax expenditures and cuts).

New budget is $3197.62 billion
($1047.95 billion in spending, $2149.67 billion in tax expenditures and cuts).
You have cut the deficit by $549.74 billion.
Your new deficit is $-148.73 billion.

 

[insein]

Amazing how much you can do when you eliminate Education and SS.

Budget Totals
Old budget was $3747.36 billion
($2672.527 billion in spending, $1074.833 billion in tax expenditures and cuts).
New budget is $3276.21 billion
($2130.85 billion in spending, $1145.36 billion in tax expenditures and cuts).

You have cut the deficit by $471.15 billion.
Your new deficit is $-70.14 billion.

Spending ($2130.85 billion: cut $541.67 billion)
$669.16 billion .... Military Spending
Increased $223.05 bil. from base of $446.105 bil.( 50%)
$111.85 billion .... Iraq War and Afghanistan Operations (No Change)
$173.22 billion .... Veterans & Retired Military Pensions and Services
Increased $57.74 bil. from base of $115.482 bil.( 50%)
$9.48 billion ...... International Affairs
Cut $22.1 bil. from base of $31.590 bil.(-70%)
$31.16 billion ..... General Science, Space, and Technology
Increased $7.19 bil. from base of $23.967 bil.( 30%)
$0 billion ......... Non-Defense Energy Spending
Cut $2.11 bil. from base of $2.121 bil.(-100%)
$15.58 billion ..... Natural Resources and Environment
Cut $15.57 bil. from base of $31.163 bil.(-50%)
$26.02 billion ..... Agriculture (No Change)
$70.67 billion ..... Transportation (No Change)
$19.1 billion ...... Community and Regional Development (No Change)
$128.14 billion .... Education
Increased $64.07 bil. from base of $64.068 bil.( 100%)
$38.25 billion ..... Training, Labor and Unemployment Programs
Cut $9.55 bil. from base of $47.809 bil.(-20%)
$202.66 billion .... Non-Medicare Health Spending
Cut $50.65 bil. from base of $253.320 bil.(-20%)
$276.6 billion ..... Medicare
Cut $69.14 bil. from base of $345.746 bil.(-20%)
$57.55 billion ..... Civilian Retirement (Social Security excluded)
Cut $14.38 bil. from base of $71.940 bil.(-20%)
$103.39 billion .... Aid to Low-Income Families
Cut $103.37 bil. from base of $206.773 bil.(-50%)
$0 billion ......... General Family Support
Cut $25.61 bil. from base of $25.619 bil.(-100%)
$5.45 billion ...... Commerce and Housing Loan Programs
Cut $1.36 bil. from base of $6.816 bil.(-20%)
$0 billion ......... Social Security
Cut $544.81 bil. from base of $544.821 bil.(-100%)
$25.86 billion ..... Administration of Justice
Cut $17.23 bil. from base of $43.099 bil.(-40%)
$0 billion ......... General Government Administration
Cut $17.74 bil. from base of $17.754 bil.(-100%)
$211.08 billion .... Net Interest (No Change)
$-44.37 billion .... Undistributed Offsetting Receipts and Allowance (No Change)


--------------------------------------------------------------------------------

Tax Expenditures ($1145.36 billion: increased $70.53 billion)
$589.2 billion ..... 2001 and 2003 Tax Cuts
Increased $294.6 bil. from base of $294.6 bil.( 100%)
$0 billion ......... Corporate Tax Breaks
Cut $60.35 bil. from base of $60.360 bil.(-100%)
$86.71 billion ..... Personal Business and Investment Benefits (No Change)
$168.47 billion .... Pension and Retirement Tax Benefits (No Change)
$140.99 billion .... Health Insurance Tax Benefits (No Change)
$0 billion ......... Housing Tax Benefits
Cut $163.7 bil. from base of $163.710 bil.(-100%)
$159.99 billion .... Other Individual Deductions and Expenditures (No Change)



--------------------------------------------------------------------------------

 

[insein]

The problem i see is that the calculator doesnt account for more tax revenues when taxes are cut. Everytime taxes have been cut, it has been shown that more tax revenues are generated due to more people being emplyed and paying into the tax pool. So when you goto cut taxes, it takes it as a straight cut like its a fixed income.