What America Needs is Zero Based Budgeting

[my2¢]

I absolutely hate the thought of a national sales tax. The 2017 tax break on personal income taxes will soon enough expire, leave it at that.

 

[kyzr]

1 and 2 are good ideas.
#4 (the first part) is common sense that every conservative fights tooth and nail for some reason.
The rest of it? Nah.

Yep, 1 and 2 are good ideas, and #4 is a no-brainer to fix SS.

The others get us back to a surplus to pay down the $33T Debt. There aren't many options that are better.
a) Default? no good
b) Print mo money? nope, no good either
c) Kick the can down the road? nope, the dollar crashes

At least my recommendations work.

 

[kyzr]

I absolutely hate the thought of a national sales tax. The 2017 tax break on personal income taxes will soon enough expire, leave it at that.

Do the math. That tax cut expiring won't gain $2T a year, which is what we need to stop borrowing.

 

[candycorn]

Yep, 1 and 2 are good ideas, and #4 is a no-brainer to fix SS.

The others get us back to a surplus to pay down the $33T Debt. There aren't many options that are better.
a) Default? no good
b) Print mo money? nope, no good either
c) Kick the can down the road? nope, the dollar crashes

At least my recommendations work.

Well, I think there are other options but at least someone on the right finally admits that we need to increase taxes and make the rich pay their fair share and live by the same rules the rest of us live by.

 

[Flash]

Every year we go thru the clown show of budgeting. Every year departments ask for more money than they had last year.

The Department of Botanic Gardening (how could America survive without it) will ask for $30M more than they were budgeted last year. The swamp creatures will approve a $15M increase.

The swamp creatures and the related media will report to the American people how the Department of Botanical Gardening took a $15M CUT this year.


Time to have zero based budgets. Each fiscal year your budget is $0. Now it’s up to each department to justify in writing every dollar they want for the next budget.

Only then will spending be put under control.

Most businesses in American and other countries use a Priority Based budgeting procedure.

You provide funding for the most important functions and projects first and shelve those that are not important. It is the smart thing to do.

For the US federal government the priorities should be in this order.

Defense
Border protection
State Department
Federal Courts
Funding for Congress/Presidency
Payback of money already collected for Social Security.
Payout of money collected for Highway Trust Fund.

After those things there is hardly anything else the Federal government needs to fund expect maybe a few minor things like a Patent Office. In the past we would have included the Post Office but nowadays it can be done more efficiently by private businesses.

What we don't need:

Welfare, subsidies, bailouts, grants, entitlements and foreign aid.
All those worthless alphabet agencies that don't do jackshit of anything of value but cost billions.

The cost of the Federal government should be around $1.5- 2 trillion a year. Not the goddamn $7.5 trillion the government is spending that includes a couple of trillion in borrowed money.

 

[Dragonlady]

That would be a start. What we really need is a balanced budget amendment and term limits.

Yes, because Republicans need to finish the job of destroying the country and both would be a big help in completing the destruction.

 

[Weatherman2020]

Yes, because Republicans need to finish the job of destroying the country and both would be a big help in completing the destruction.

Why don’t you butt out? Your NAZI loving Commie government that takes peoples life savings from their banks without due process simply because they speak out against your fascist government is why America now needs a northern border wall.

 

[Nostra]

Yes, because Republicans need to finish the job of destroying the country and both would be a big help in completing the destruction.

Thanks for proving once again you are a colossal moron.

STFU and go fix your shithole country, Simp.

 

[tyroneweaver]

Every year we go thru the clown show of budgeting. Every year departments ask for more money than they had last year.

The Department of Botanic Gardening (how could America survive without it) will ask for $30M more than they were budgeted last year. The swamp creatures will approve a $15M increase.

The swamp creatures and the related media will report to the American people how the Department of Botanical Gardening took a $15M CUT this year.


Time to have zero based budgets. Each fiscal year your budget is $0. Now it’s up to each department to justify in writing every dollar they want for the next budget.

Only then will spending be put under control.

did you see on jessie waters last night all the crazy stuff that we're paying for.
million dollar asphalt courts that should cost 60k
And they say trump inflated stuff
all these senators and congreesmen should face the same music as trump... that is if justice was equal...which it ain't

 

[Weatherman2020]

did you see on jessie waters last night all the crazy stuff that we're paying for.
million dollar asphalt courts that should cost 60k
And they say trump inflated stuff
all these senators and congreesmen should face the same music as trump... that is if justice was equal...which it ain't

Thread 'IRS Makes the Case for a Government “Shutdown”'
IRS Makes the Case for a Government “Shutdown”

 

[berg80]

You'd have to combine zero based budgets with a balanced budget amendment for it to be effective. Congress needs a serious choke chain to control spending. It has proven over decades that it can't be responsible for spending the taxpayer's money.

A balanced budget amendment sounds good in principle, but it would cause a depression.

 

[Weatherman2020]

A balanced budget amendment sounds good in principle, but it would cause a depression.

Already there. Swamp creatures just finagle the numbers to fool the sheeples.

 

[LordBrownTrout]

Speaking of waste.

Pfffft.......govt math. This aint your japanese bullet train that actually remains on the tracks.

EXCLUSIVE: Amtrak Hides Hefty Salaries Of Thousands Of Employees While It Hemorrhages Millions |

dailycallernewsfoundation.org

 

[Flash]

Yes, because Republicans need to finish the job of destroying the country and both would be a big help in completing the destruction.

You are confused Moon Bat.

A $7.5 trillion bloated government budget that will be $2 trillion in debt this year and the $33 Trillion debt already on the books is the disaster for this country.

A stolen election is a disaster for a Constitutional Republic.

Turning this country into a Banana Republic by weaponizing the federal government is a disaster.

An open border with millions of Illegal shitheads flooding in is a major disaster.

A corrupt President owned by foreign interest is a disaster for this country.

A military focused on diversity and inclusion instead of killing the enemy is a disaster.

 

[Weatherman2020]

Yes, because Republicans need to finish the job of destroying the country and both would be a big help in completing the destruction.

Why does KKKanada get $26M in aid from the USA every year?

 

[kyzr]

Well, I think there are other options but at least someone on the right finally admits that we need to increase taxes and make the rich pay their fair share and live by the same rules the rest of us live by.

It's not just raising taxes, its also cutting spending, drastically.
Some of the cuts that need to be made:
Eliminate the Department of Education and all education funding That is a State responsibility under the Constitution. (-$10b a year)
Welfare needs to have a 2-year limit.
Medicaid needs to have co-pays
All other Federal spending including the military gets a 1% cut every year.

In general we need to cut the Federal budget by 1% a year for 10-years, that comes down to about $70b a year, or $700b total over 10-years.
No new spending is allowed until the Debt is paid down.

 

[Winston]

Thanks for proving once again you are a colossal moron.

STFU and go fix your shithole country, Simp.

Why I am willing to accept term limits and sure don't see them as a means of destroying this country I believe a much simpler law, or constitutional amendment, would be better. The founder, George Mason, proposed that no Congressman or Senator could be re-elected. It was a brilliant proposal, and was supported by many within the Constitutional Convention. A legislator could serve multiple terms, just not consecutive ones.

But a constitutional amendment to require a balanced budget is the very definition of "colossal moron". Hell, if one would have been in effect at the beginning of the 19th century we all would be speaking German right now and our license plates would have a swastika on it. If we would have been operating under one when Covid hit unemployment would still be at record levels and we would be in the depths of a full-blown depression right now.

Deficit spending is the primary means that the government can impact the economy. Capitalism inevitably has ups and downs, it is the cyclical business cycle, and deficit spending, as well as generating a surplus, is a proven means of smoothing out those cycles. It is Macroeconomics 101. The problem is not spending. The problem is that every time we get the economy running on all eight cylinders you jackwhipe Republicans cut taxes, and then when the inevitable downturn shows up, rather it is a mortgage crisis, a pandemic, or even a war, the fiscal knife at the government's disposal is duller than a butter knife.

 

[Admiral Rockwell Tory]

Not at 900 feet, bubbleheadwannabe.

Why not? Explain it, fakir! You can't, can you?

You can take your wannabe and shove it where the sun doesn't shine!

 

[Jarlaxle]

Why not? Explain it, fakir! You can't, can you?

You can take your wannabe and shove it where the sun doesn't shine!

You're a legend in your own mind, plebe.

Subs dump into a holding tank, ignoramus.

Since WW2.

So, you want to layoff the military?

A bunch of them, absolutely.

 

[candycorn]

It's not just raising taxes, its also cutting spending, drastically.
Some of the cuts that need to be made:
Eliminate the Department of Education and all education funding That is a State responsibility under the Constitution. (-$10b a year)
Welfare needs to have a 2-year limit.
Medicaid needs to have co-pays
All other Federal spending including the military gets a 1% cut every year.

You're ignoring the pork. If the DOE wasn't there, States like Texas would stop teaching anything but completely varnished views of history for example. Literature would be added to "what do you need to learn that for"?

In general we need to cut the Federal budget by 1% a year for 10-years, that comes down to about $70b a year, or $700b total over 10-years.
No new spending is allowed until the Debt is paid down.

Better to increase revenues by getting rid of the caps on SS and the federal sales tax you mentioned.