Where corrupt fools go to work
I don’t want to raise taxes on those that already pay taxes. So where would I cut? I’ll start with a list of unneeded Government departments. Unless otherwise noted, these would be cut ENTIRELY:
Dept of Defense - $708 billion – I’d cut about $200 billion out. For a start.
Dept of HHHS - $81 billion
Dept of Transportation - $79 billion – I’d cut to level needed for air travel
Dept of Education – $67 billion, $100 billion in stimulus money
Dept of Housing – $48 billion
Dept of Justice – $29 billion – cut all outside funding of any other agencies
Dept of Energy – $28 billion
Dept of Agriculture - $26 billion
Dept of Labor – $14 billion
Dept of Treasury - $14 billion – I’d cut to 1/3rd present budget
Dept of Interior – $12 billion (transfer lands to states)
Dept of Commerce – $9 billion
EPA – $10 billion (I’d cut to less than a billion)
NASA – 19 billion (I’d cut it all – sorry)
National Intelligence Program – undisclosed. Well, they would disclose it to me and then I’d cut it brutally. This is what happens to failures.
US Army Corp of Engineers – $4.9 billion – I’d stop all new projects, only maintenance and correct fixes of what has already been built.
This represents all the Departments of the government. I’ve bravely cut stuff we don’t need, BUT I’ve ONY saved about $718 billion dollars. Where is the rest of the money? We are $1.5 trillion in debt annually.
Well the department budgets do not include these spending items:
Medicare – $453 billion
Medicaid – $164 billion
Other Mandatory Programs – $571 billion
”Other”, it turns out, is things like Food Stamps, Unemployment, Supplemental Security for blind, Student Loans, and government retirement benefits (civilian and military)
I need another $700 billion in cuts to balance my budget. But… I’ll fudge a bit and suggest that my awesome discipline is causing the economy to grow as investors welcome my austerity with their money. And some of my other costs, like interest and retirement costs are dropping because I’m borrowing less and have less employees to fund retirements for.
So I’ll set my goal at $500 billion. Medicare isn’t going to go down, not a lick. Even if I contain costs it will grow based on demographics.
Medicaid.. I’ll cut that entirely and let the states handle it. $164 billion
I’ll then change Civil Service retirement benefits, get rid of Federal Food stamps, stop any kind of federal welfare spending and I’m at about $200 billion.
So I’m at $364 of me needed $500 billion.
And I’ll let economic grown eat that up, or maybe just inflate a bit cause I can.
Final notes. The above isn’t going to happen through a political process. But I hope I’ve shown just how hopeless it is to think that RAISING taxes would help either. Taxes would have to double or higher, and the resulting economic collapse wouldn’t fund much government.
What will happen, however, is that we won’t have the departments above, nor the mandatory spending above, because there won’t be a United States above. Oh there will be a US, but it will be a 1970’s Argentina. A land of rampant inflation, little job prospects, and cow towing to the whim of other countries.
Put another way… the piper will be paid.
My approach is difficult, sure, and it puts a lot on the states to make hard decisions too. But life ain’t easy. And I’d rather 50 local choices, some great, some bad, than one crappy national one. Grow up states – Sugar Uncle ain’t printing it no more!