Bobvillas posted:
Elkad posted:
Cutting the federal budget by 50%.
No, I don't care how anymore. Just get total spending down to about 1.8T
Running surpluses or lowering revenue as well?
Surpluses. Keep taxes at their current level (about 18% of GDP) until the majority of our debt is gone. Hold spending (including interest payments) to about 15% of GDP.
Feel free to allocate that money however you want (and collect it from whomever you want). I've got a lot of preferred ideas on those topics, but none of that is critical. What is critical is getting our spending under control, or we are going to have a 3rd revolution.
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"I would rather be exposed to the inconveniences attending too much liberty, than those attending too small a degree of it." - Thomas Jefferson