Instead of a government shutdown, think about a "big f'ing deal" (big funding deal)
1. Top tax rate increases by 7% above 2016 level, and add a new 3% or so Fed sales tax [Big give by GOP]
2. Trump gets wall funding and immigration reform [Big give by dems]
a. No catch & release
b. No diversity lottery
c. No asylum claims unless pre-approved
d. No chain migration
e. Only merit based immigration for who the US needs
f. No birthright citizenship, i.e. no cottage industry for anchor babies
g. DACA kids get green cards but NOT citizenship
This would solve the Budget Deficit and start paying down the Debt. They should also fix SS by adding a year & Medicare. Those funding and entitlement fixes would set the US on a sound fiscal course for many years. Healthcare is a tougher thing to fix.
Forgetting everything but 1....
I applaud SOMEONE trying to balance the budget.
But I am TOTALLY against doing it with an increase in taxes. Taxes are already too high as it is.
Politicians MUST be disciplined enough to cut spending - NOT raise taxes.
And the federal government brings in WAAAAY more than enough to do what government SHOULD be doing as it is.
The Federal budget - in just the last ten years - has gone up over 1/3 from about 2.9 trillion to over 4.0 trillion.
THIS IS ******* RIDICULOUS!!!
I agree that there should be lots of waste in the Federal Budget to cut, but they have been unable to do it. Here is the 2019 Budget, Medicaid and Welfare look too big, but no one is able to cut $900b to balance the Budget. We need to do something before the interest on the Debt explodes:
2019 Federal Budget
Mandatory spending $2.74T
Social Security $878b
Medicare $625b
Medicaid $412b
Welfare $462b
Interest on the Debt $363b
Discretionary spending $1.3T
Defense $893.0
HHS $70.0
Education $59.9
VA $83.1
Homeland $52.7
Energy Dept $29.2
NNSA $15.1
HUD $29.2
State Dept $40.3
NASA $19.0
All Other Agencies $133.1
Both the military AND welfare needs to be cut.
$893 billion is TOTALLY absurd for peacetime with ZERO, seriously viable adversaries on the horizon. $300 billion is MORE than enough.
And it is FLAT OUT IMPOSSIBLE to factually prove it is not.
The Donald Undone: Tilting At The Swamp, Succumbing To The Empire
Defense Spending by Country
And welfare should be in the form of government shelters in major, regional centers that offer places to sleep, eat and get basic medical attention (full medical attention for children) instead of sending out fraud/waste-attracting checks. This could also be where seniors who need Social Security can go to live (in on-site apartments).
This should save several $100's of billions more.
Mixed this in with cutting budgets to unnecessary/over-funded agencies and balancing the budget is relatively simple. Not easy - but simple.
No doubt you and just about everyone on this board disagrees with me.
That must mean it is correct...
Please stop bloviating and put up a real answer. If it is so simple, please put up your revised Budget. I gave you the 2019 numbers above in post #42. It is not simple. We agree the $900b peacetime deficit is absurd. When the Debt explodes its too late.
It's good you agree the military budget is bloated...I may have misjudged you.
And bloviating (I had to look that word up)? I did not realize this was a test?
But alright.
It's simple - cut $600B from the military budget, bring ALL troops home, close ALL foreign military bases AND end ALL military assistance to ALL other countries (if they cannot survive on their own - tough). Of course, the Neocons will HATE this...but screw 'em, dickheads.
End all welfare payments (including SS) and open federal government, welfare centers in major, regional centers. You need food, shelter, medical asst.? Go there. No idea exactly how much that would save - but I would assume at least $500 billion off of the $1.4 trillion welfare/SS total now.
There---budget balanced....with a surplus.
Want more?
- End Homeland security - give it back to the FBI (it's creation was an overreaction to the 9/11 attacks).
- End CIA (Cold War relic) - give it back to the military (where it belongs).
- Cut Education budget by 90%. Make it strictly a watchdog organization - making sure minimum, educational standards are maintained. Give education completely to states otherwise.
- Close ALL VA hospitals (having two layers of public hospitals is ridiculous). Still free healthcare for needy vets - but now they just get it from their local medical facilities and the latter bills the government. Saves some vets having to drive many dozens of miles to get healthcare when they have a public/private hospital in their area.
That should leave a nice $400-$500 billion dollar surplus. Probably the first year some of this surplus money will be needed to construct/purchase the above mentioned 'regional, welfare centers'.
But after that...
...either pay down the debt and/or lower taxes for the middle class/poor and/or end corporate taxes completely (helps the economy) or a combination thereof.
Finally, since I am on a roll, I would simplify taxes by making both income AND capital gains identical for taxation purposes and end ALL deductions except for capital losses and charitable contributions.
Everyone (who understands math) could then do their own taxes in 5 minutes.