3.654 Trillion dollars was the receipts for 2017.In what way? I see us running a huge surplus. Just pay for those government functions we need and are actually required for the Federal Government to meet its obligations to the people.The US takes in nearly 4 trillion dollars. Might be 4 trillion given the current economy.
So, we have spenditures of Defense Department, State Department, Veterans Affairs, Justice Department, and the cost of the three branches of govenment, leg, jud,exe.
That is roughly 811.1 billion dollars.
Put Social Security and Medicare into separate budgets AWAY from the Federal budget and use ONLY the reciepts they get from taxes to pay out with.
That means we can apply 3 trillion per year to the debt, or we can cut...say...a smooth 1.5 trllion in taxes and still manage to put 1.5 trillion a year toward the debt.
Will only take 100 years if income remains at current levels. Likely to go way up over that 100 years, making the debt decrease exponentially.
Your math is wrong.
Be our representative to the world.
Clearly, 75% of the government is unnecessary.
In receipts. We wouldn’t have money to pay down the debt as you claim.
75% of the federal budget is military, Medicare and SS.
Department of defense budget is 574 billion.
My math has that as 15.7% of total income.
Hardly 75% of a 4 trillion dollar budget.
a budget of 4.094 trillion makes the DoD budget only 14% of the total budget.
![]()
ETA.....Ah, I see what you are saying. Total reciepts include social security and medicare which would be put in its own box and not on budge.
Okay. So, we'd have room for abbout a half trillion dollar tax cut.
We will increase the deficit if we cut taxes further assuming we don’t cut spending.