bendog
Diamond Member
I admit that I'd start with a 5% cut in domestic spending over two years, followed by restraining and growth in domestic expenditures to be less than gnp increases, which won't be cool with the more liberal folks.
But, I don't think you can do that with soc sec or medicare, because the # of beneficiaries will increase - over the short term - so while we need to increase eligibility age and restrain benefit increases to address long term problems, we have to find a way to bridge the 10-15 year boomers retirement. Some of you may recall that Slick figured his "surplus" would be the bridge, but W spent it on giving the tax cut largely to the top 1 and 10%. The more right leaning folks don't like it, but if we did away with the payroll tax cap, medicare would be solvent. Just sayin.
I'm not sure we can really cut for spending because of defense. Putin is attempting to destabilize Europe, and while in terms or real power, he's a small dog, he barks loudly and his teeth are sharp. Trump says we should leave Isis to Russia, yet Russia uses Isis to conflate Europe's refugee problem, and given the 9-11 attacks, I don't think having any govt or regional power that will permit terrorists to train for attacks in the US and the West is really acceptable.
But, we could just eliminate "some" tax expenditures that really have no overall economic benefit to the economy, and raise a billion here and a billion there without changing income tax rates. That's not real reform, but if the gop muzzles the 40 or so Freedom Caucus folks, it'd be .... painless.
But, I don't think you can do that with soc sec or medicare, because the # of beneficiaries will increase - over the short term - so while we need to increase eligibility age and restrain benefit increases to address long term problems, we have to find a way to bridge the 10-15 year boomers retirement. Some of you may recall that Slick figured his "surplus" would be the bridge, but W spent it on giving the tax cut largely to the top 1 and 10%. The more right leaning folks don't like it, but if we did away with the payroll tax cap, medicare would be solvent. Just sayin.
I'm not sure we can really cut for spending because of defense. Putin is attempting to destabilize Europe, and while in terms or real power, he's a small dog, he barks loudly and his teeth are sharp. Trump says we should leave Isis to Russia, yet Russia uses Isis to conflate Europe's refugee problem, and given the 9-11 attacks, I don't think having any govt or regional power that will permit terrorists to train for attacks in the US and the West is really acceptable.
But, we could just eliminate "some" tax expenditures that really have no overall economic benefit to the economy, and raise a billion here and a billion there without changing income tax rates. That's not real reform, but if the gop muzzles the 40 or so Freedom Caucus folks, it'd be .... painless.