1) Cut Fed employees by 25%
2) Cut ALL welfare and payments to illegal aliens
3) Cut all foreign military bases to about 5 world wide.
1) Cut Fed employees by 25%
2) Cut ALL welfare and payments to illegal aliens
3) Cut all foreign military bases to about 5 world wide.
1) Cut Fed employees by 25%
2) Cut ALL welfare and payments to illegal aliens
3) Cut all foreign military bases to about 5 world wide.
1) Cut Fed employees by 25%
2) Cut ALL welfare and payments to illegal aliens
3) Cut all foreign military bases to about 5 world wide.
1) Cut Fed employees by 25%
2) Cut ALL welfare and payments to illegal aliens
3) Cut all foreign military bases to about 5 world wide.
1) Cut Fed employees by 25%
2) Cut ALL welfare and payments to illegal aliens
3) Cut all foreign military bases to about 5 world wide.
Federal employees pay taxes. If you fire them you'll lose tax revenue which will at best minimize the gain.Cut Fed employees by 25%
As with federal employees if you eliminated payments to either of these groups of people they would no longer be able to buy groceries, pay rent, hospital bills, buy gas, clothing...2) Cut ALL welfare and payments to illegal aliens
3) Cut all foreign military bases to about 5 worldwide.
1) Cut Fed employees by 25%
2) Cut ALL welfare and payments to illegal aliens
3) Cut all foreign military bases to about 5 world wide.
So I looked. Let's take them one at a time, and looking only at the cost, using the most generous numbers for your claim.
1) There are about 2 million federal employees. If we assume they each cost about 250k a year(which is way on the high side, the actual number is probably less than half that, but I cannot find a figure), that results in a 125 billion dollar savings.
2) Absolute highest number I find of the cost of illegal aliens in the US is 100 billion a year.
3) Total cost of overseas basis, with the cost of the troops, is 22 billion.
So we get a total savings, at the most, of about 250 billion. The actual number would be considerably lower, and come with high costs. The US deficit this year is projected to end up at 833 billion. So you are at maybe a third that. See, it helps to actually check your facts, it keeps you from making silly claims.
Yep, if we cut 100% of non-defense, discretionary spending then there would still be a deficit.
Riiiiiiiiiiiiight1) Cut Fed employees by 25%
2) Cut ALL welfare and payments to illegal aliens
3) Cut all foreign military bases to about 5 world wide.
Yep, if we cut 100% of non-defense, discretionary spending then there would still be a deficit.
How to balance the budget in one step. Return to Obama era tax brackets.
There are a large number of problems to eliminating the deficit(not least of which is whether we really should eliminate the deficit entirely). When some one says it is easy, that just means they do not understand the problems. Cutting spending reduces GDP growth, which reduces revenue growth, which increases the deficit. It is a complex problem, and is going to take alot of work to fix. And it cannot be done overnight. With a deficit of 833 billion, if we cut spending by that amount, it would reduce GPD by 4.29 %, or in other words, we go straight to recession. A recession reduces revenue by large amounts, meaning more cuts to balance the budget, meaning a longer, deeper recession, meaning more cuts, and so on.
We have to reduce the deficit, it needs to be done. But that is going to take hard choices, and long term planning, and concessions from both sides of theisleaisle.
It is extremely unlikely that congress will cut spending and almost as unlikely that congress will raise taxes. So long as doing neither gets them re-elected at rate of over 90% then inaction is the politically easy option.
The last 2 Democratic presidents did exactly what you mention, with Bipartisan Congressional support. Clinton and Obama raised taxes and cut spending. Clinton achieved a Budget Surplus. After inheriting a record $1.4 Trillion deficit, Obama more than halved ththe deficit during his tenure.
Dems are making the hard decisions. Republicans are just cutting taxes and raising deficits, to get "brownie" points.
It is extremely unlikely that congress will cut spending and almost as unlikely that congress will raise taxes. So long as doing neither gets them re-elected at rate of over 90% then inaction is the politically easy option.
So I looked. Let's take them one at a time, and looking only at the cost, using the most generous numbers for your claim.
1) There are about 2 million federal employees. If we assume they each cost about 250k a year(which is way on the high side, the actual number is probably less than half that, but I cannot find a figure), that results in a 125 billion dollar savings.
2) Absolute highest number I find of the cost of illegal aliens in the US is 100 billion a year.
3) Total cost of overseas basis, with the cost of the troops, is 22 billion.
So we get a total savings, at the most, of about 250 billion. The actual number would be considerably lower, and come with high costs. The US deficit this year is projected to end up at 833 billion. So you are at maybe a third that. See, it helps to actually check your facts, it keeps you from making silly claims.
After inheriting a record $1.4 Trillion deficit, Obama more than halved ththe deficit during his tenure.
Deficit spending eventually turns into national debt. Obama, dollar wise, ran up the most by any US president. I believe he was charged with over 8 trillion dollars, closer to 9 trillion.
Federal payroll is something like 2 percent of the budget. Undocumented immigrants don’t get welfare.1) Cut Fed employees by 25%
2) Cut ALL welfare and payments to illegal aliens
3) Cut all foreign military bases to about 5 world wide.
What was the problem with the Simpson Bowles proposal?
https://www.thebalance.com/simpson-bowles-plan-summary-history-would-it-work-3306323