Interactive: You Fix the Budget (user search)
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  Interactive: You Fix the Budget (search mode)
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Author Topic: Interactive: You Fix the Budget  (Read 1875 times)
H. Ross Peron
General Mung Beans
Junior Chimp
*****
Posts: 9,401
Korea, Republic of


Political Matrix
E: -6.58, S: -1.91

« on: June 30, 2013, 04:03:36 PM »

http://www.nytimes.com/interactive/2010/11/13/weekinreview/deficits-graphic.html?choices=gmfl06nz

66% tax increases, 34% spending cuts
$418 billion in savings by 2015
$1,724 billion in savings by 2030

-Eliminate Earmarks
-Eliminate farm subsidies
-Cut pay of federal workers by 5%
-Cut 250,000 government contractors

-Reduce nuclear arsenal and space spending
-Return military to pre-Iraq size and further reduce troops in Asia and Europe
-Cancel or delay some weapons programs
-Reduce noncombat military compenstation and overhead
-Reduce the number of troops in Iraq and Afghanistan to 30,000 by 2013

-Enact medical malpractice reform
-Reduce the tax-break for employer provided health insurance

-Return the Estate Tax to Clinton-era levels
-President Obama's proposal on investment taxes
-Allow Bush tax cuts to expire for income above $250,000 a year
-Payroll tax: Subject some income above $106,000 dollars to tax

-Eliminate loopholes and keep taxes slightly higher
-Reduce mortage-deduction and others for high-income households
-National Sales Tax
-Carbon Tax
-Bank Tax

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H. Ross Peron
General Mung Beans
Junior Chimp
*****
Posts: 9,401
Korea, Republic of


Political Matrix
E: -6.58, S: -1.91

« Reply #1 on: July 02, 2013, 03:07:15 AM »

Second try, I think I like this better: http://www.nytimes.com/interactive/2010/11/13/weekinreview/deficits-graphic.html?_r=0

-Eliminate earmarks
-Eliminate farm subsidies
-Cut pay of civilian federal workers by 5 percent
-Cut 250,000 government contractors

-Reduce nuclear arsenal and reduce space spending
-Reduce military to pre-Iraq size and further reduce troops in Asia and Europe
-Cancel or delay some weapons programs
-Reduce the number of US troops in Iraq and Afghanistan to 30,000 by 2013

-Enact medical malpractice reform
-Cap Medicare growth starting in 2013

-Reduce Social Security benefits for those with high incomes
-Use an alternate measure for inflation

-Return the estate tax to Clinton-era levels
-Return investment tax rates to Clinton-era levels
-Allow expiration of Bush tax cuts for incomes above $250,000 a year
-Subject incomes above $106,000 to payroll tax

-Eliminate tax loopholes and limit the number of compensating cuts
-Reduce mortgage deduction and others for high income households
-National Sales Tax
-Carbon Tax
-Bank Tax

56% of savings from tax increases and 44% from spending cuts

355 billion dollars in surplus by 2015 and 891 billion dollars in surplus by 2030

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