Where would you cut federal spending?

Discussion in 'Economy' started by Jeepers, Aug 1, 2008.

  1. Jeepers
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    Jeepers Senior Member

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    Put your best Idea forward.

    With Washington predicting a record budget deficit of over 490 billion we either raise taxes, or cut spending. Ignoring the first option where can we save money on our national spending.
     
  2. Chris
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    Chris Gold Member

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    The military, "homeland security", welfare(corporate and individual), and bring the troops home from Iraq.
     
  3. sealybobo
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    sealybobo Diamond Member

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    Defense.

    The bipartisan consensus on U.S. military spending
    Global Security has taken the Fiscal Year 2008 U.S. budget and prepared a new chart illustrating the most significant and under-discussed political fact in the United States, one that substantially affects every other issue:

    Our military spending exceeds the rest of the world's spending combined, and we spend almost 10 times what the second-place country, China, spends. "Only" about $150 billion of the total U.S. amount is attributable to the two active wars we're fighting, in Iraq and Afghanistan. Thus, even if one wants to excludes those amounts, the basic picture remains the same. Nor do these amounts include the billions of dollars in military aid we give to fund the armies of other countries, such as Israel and Egypt, which alone comprise substantial portions of those countries' defense budgets.

    And this gap between us and the rest of the world has widened considerably over the last 10 years. That's true because our own military spending, in absolute terms, has increased wildly during that time:

    The bipartisan consensus on U.S. military spending - Glenn Greenwald - Salon.com
     
  4. Jeepers
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    Jeepers Senior Member

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    I can see smaller more technical military units utilizing technology over actual manpower. I would remove corporate subsides, renegotiate trade deals empasizing free and fairtrade over just free trade. I would focus on building a functional, working, highwage economy in northern mexico. I would address individual welfare on an idividual basis focusing on education, training, and mental health. On the troops, they may not be in Iraq but I doubt that they'd be coming home anytime soon...
     
  5. doeton
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    doeton Senior Member

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    well actually blackwater is great place to start.

    AT THE FEDERAL LEVEL.
     
  6. Orange_Juice
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    Orange_Juice Senior Member

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    We don't need a giant military:

    WASHINGTON (Reuters) - Seven years after the September 11 attacks, the Pentagon on Thursday officially named "the long war" against global extremism as its top priority and pledged to avert any conventional military threat from China or Russia through dialogue.

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    The Defense Department, in a new national defense strategy, also emphasized the need to subordinate military operations to "soft power" initiatives to undermine Islamist militancy by promoting economic, political and social development in vulnerable corners of the world.

    Defense Secretary Robert Gates said he hoped the change would help establish permanent institutional support for counterinsurgency skills acquired in Iraq and Afghanistan within a defense community heavily skewed in favor of expensive conventional and strategic modernization programs.

    "If I could describe the new national defense strategy in one word, it would be 'balance,"' Gates told reporters, saying there was a danger that U.S. ability to wage war against militant groups could be neglected in the future without a shift in emphasis.

    The pragmatic tone of the 23-page document, crafted to reflect Gates' priorities, contrasted sharply at different points with the last national strategy, issued in March 2005, under Gates' more brash predecessor, Donald Rumsfeld.

    Like Rumsfeld, Gates sees parallels between violent Islamist theology and the 20th-century ideologies of fascism and communism.

    Where Rumsfeld called for pre-emptive action against threats and envisioned U.S. partnerships with "like-minded states," the new strategy calls for the patient accumulation of quiet success against militant adversaries and the importance of improved relations with "old allies and new partners."

    "For the foreseeable future, winning the long war against violent extremist movements will be the central objective of the U.S.," the 2008 strategy said.

    Pentagon makes fighting extremism its top priority - Yahoo! News
     
  7. DiamondDave
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    DiamondDave Army Vet

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    Get realistic people... defense, national security, and the like are actually charged of the government within our constitution... in no way should defense of our citizenry, our land, and our allies be cut....

    Cut the IRS. Simplify the tax code to a basic flat tax. Equality of taxation on simple percentage with an adjusted zero line. Eliminate all but the necessary deductions (home interest and children). The simplified tax code keeps taxes coming in and eliminates the need for a huge IRS department, saving a TON of money.

    Cut entitlements to the bare minimum. And by bare minimum I mean only helping those who are completely incapable of helping themselves. Corporate welfare goes bye-bye too. The government is not mommy nor is it an insurance company. No more free rides. Bring back personal responsibility.

    Eliminate all earmarks on bills. These account for a ton of expenditures. If every bill is forced to stand alone, less will be brought up and more likely only the more important ones will surface.

    Eliminate extravagance within politics. No more multi-million dollar parties etc. Politicians want a party, they can pay for it out of pocket.

    And on the other side of it... I would create a national lottery where ALL profit goes directly to debt. Think of it as a voluntary tax for debt repayment. And someone is gonna get rich, making it a good story all around.
     
  8. sealybobo
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    sealybobo Diamond Member

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    Great thoughts by the way.

    On welfare:

    They should be monitored like parolees are. Once a month, drop by to pay them a surprise visits, help them get a job. Give tax breaks to companies that give them jobs. Drop off their staples instead of giving them a debit card. Get them the hell off the books. Give kids SCHIP health insurance.

    There are people that can't work and need to be on it for life, but I've heard half on it are just abusing the system.

    Give kids with parents that are on welfare free community college. Then they'll better themselves and not want to carry on the tradition.

    Go after deadbeat dads. Most of the single moms are on welfare because of these bastards.

    This will also take away an argument that the conservatives bring up EVERY election year.

    Corporate welfare is a much bigger problem, but that doesn't mean this isn't a problem. Middle class Americans are being squeezed at both ends.
     
  9. AllieBaba
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    AllieBaba BANNED

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    I find it frightening that people want to dismantle our military.

    I'd cut education.
     
  10. doeton
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    doeton Senior Member

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    i find it sad that people like allie and diamond dave miss the point.

    in regards to the military the idea isn't to end it.

    it's to fund it to the things we need it to do.

    for example the navy has plans to build stealth destroyers costings billions apiece when the last successful attack on the U.S. warship was made by some cavemen on a fishing boat.

    get it?

    a billion dollar stealth ship would have been just as vulnerable.
     

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