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Originally Posted by Slingin Sammy 33
Keep in mind the Congress is controlled by Dems and they're as much to blame as the Bush admin for the last few years of spending recklessness.
How about we freeze spending at current levels, pass a balanced budget ammendment, review and cut unnecessary/wasteful government programs, pass some sort of privitazation of a portion of SS, raise the age for maximum SS benefits for those under 45 up to 75 or whatever the curent life expectancy is. Any surplus goes to paying down the national debt. Interest on the national debt is 8.5% of our national budget.
SS, Medicare, Medicaid, Welfare and Unemployment are over 50% of the budget. These programs have to brought under control now or we're looking at MASSIVE tax increases by 2030. I'm sure this isn't what FDR intended when these programs were put in place.
Image:Fy2009spendingbycategory2.png - Wikipedia, the free encyclopedia |
That was one of the very few things Bush did that I liked. Unfortunately, it went nowhere. That's because Matty unfortunately is right -- we are going to get more government and apparently the people want it. If we really wanted less gov't then the people would have loudly supported Bush's attempt to privatize a portion of SS.
One more large item in your list of spending cuts -- how about we stop forking over $10 billion a month for Iraq?