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.