What to cut (and how)?

Discussion in 'Tea Party' started by Greenbeard, Aug 29, 2010.

?

Where did your savings come from?

  1. Budget path

    5 vote(s)
    55.6%
  2. Defense

    7 vote(s)
    77.8%
  3. Domestic

    7 vote(s)
    77.8%
  4. Social Security

    7 vote(s)
    77.8%
  5. Health Care

    6 vote(s)
    66.7%
  6. Other Spending

    8 vote(s)
    88.9%
  7. Revenues

    3 vote(s)
    33.3%
  8. Tax Expenditures

    6 vote(s)
    66.7%
Multiple votes are allowed.
  1. Greenbeard
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    Greenbeard Gold Member

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    The Tea Party wants to cut federal spending. So let's play a game.

    The Committee for a Responsible Federal Budget has a budget simulator that lets you tweak various facets of the federal budget to see what happens (they issue the challenge to you of stabilizing the debt). Take a few minutes and go through all the options, choosing the ones you like and let us know how it turns out. And let's talk about it.
     
    Last edited: Aug 29, 2010
  2. johnrocks
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    johnrocks Silver Member

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    I think everything should be cut, no sacred cows.
     
  3. Oddball
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    Oddball BANNED Supporting Member

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    Where are the options for abolishing the Departments of Education, Commerce, Labor, HHS, DHS, the ATF, DEA, Medicare, Medicaid, social welfare handouts, farm subsidies, closing foreign military bases where the wars have been over for decades, selling off BLM and other confiscated lands?
     
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  4. mudwhistle
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    mudwhistle Diamond Member

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    Funny how the deficit was under $200B in 06' but all of the sudden it's out of control.

    I wonder what changed?

    Btw....not every option is in that simulation.

    It seems the biggest savings is in allowing the tax-cuts to expire.

    Course the Dems are to blame for that being the only solution now.

    So they spend us into making a bad choice intentionally and we have to live with it.

    Say goodbye to your Democrap majority.
     
  5. Greenbeard
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    Greenbeard Gold Member

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    Don't be afraid to get specific about how you want to do that. For example, if we're cutting Social Security, does that mean cutting benefits (in a progressive manner or across the board?), raising the retirement age, altering the way benefits are indexed or adjusting the formula for calculating benefits, all of the above, etc? And does "everything" really mean everything (veterans' benefits, missile defense, etc)?
     
  6. Samson
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    Samson Póg Mo Thóin Supporting Member

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    :evil:

    Damnit.

    Cut the budget, 5% per year, for every Federal DEPT, for the next 10 years.
     
  7. mudwhistle
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    mudwhistle Diamond Member

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    I cut overseas deployments, entitlements, and raised the retirement age. But the program didn't offer any alternatives on the expiration of the Bush tax-cuts.

    By the way cutting capital gains wasn't even addressed. That would get the economy churning and increase revenue. That was not even an option.
     
  8. johnrocks
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    johnrocks Silver Member

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    Everything really means everything, with the system we now have, one side wants to cut mainly domestic programs and one side wants to cut mainly defense so nothing gets cut.

    Personally, I would start with the foreign expenditures such as the wars and foreign aid and ;over a short time frame; abolish it, then I would abolish the corporate welfare like farm subsidies but ;at the end of the day; everything would take a hit, I would hate to cut things that help those most vulnerable like the elderly but;politically; everything would have to be cut or the politicians would be to afraid to cut anything.
     
  9. syrenn
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    syrenn BANNED

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    Cut it ALL.
     
  10. Greenbeard
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    Greenbeard Gold Member

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    I should've probably pointed this out explicitly above but for the purposes of this thread you can feel free to go beyond the confines of the budget simulator--that was merely meant to be a device for jump-starting your thinking. If you want to eliminate student loans or the CDC or whatever, feel free. Let's roll out the specifics.

    It offered renewing them, renewing them only for people below $250K/$200K, partially renewing them only for people below $250K/$200K, and letting all of them (aside from the AMT patch) expire. What other options are you looking for?

    Capital gains tax cuts are included in the 2001/2003 tax cuts. Are you looking to lower them beyond what those tax cuts set them at?
     

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