The Right Way to Cut $2 Trillion

[What Would Jesus Do?]

Good ideas here. Not much chance they will happen.

 

[luvmyhawks]

Some are good, some are not.

1) no
2) yes
3) maybe. This one is quite complex.
4) maybe. But why take away an incentive to donate to good causes? Think I have to say no.
5) no. This one is complete nonsense. Capital gains and losses is an art form. A whole crap ton of middle class folks have benefited from this.
6) I would probably be ok with this one. However, there are already limits on the interest you can deduct. I currently take advantage of mortgage interest deductions, but would be fine if they eliminated this one.
7) I am fine getting rid of this one. Honestly, I’m not real familiar with it.

 

[5545]

These are all tax increases, not spending cuts. Everything should be on the table when it comes to lowering the nation's unsustainable annual deficits, but an honest dialog and much more nuance is needed.

 

[seminole97]

These are all tax increases, not spending cuts. Everything should be on the table when it comes to lowering the nation's unsustainable annual deficits, but an honest dialog and much more nuance is needed.

Funny how OP missed that.
Not a single one of these proposals would reduce our federal spending.
It's all about ways to get more money into the government's maw.

 

[Scruddy]

Start by deleting the department of education

 

[thewop]

I got to #2. This guy is clearly a communist. He should move.

 

[soonerinlOUisiana]

Anyone else notice that the “1%” are no longer the enemy? It’s now the “10%”. Leftist incrementalism at its finest.

 

[BioHawk]

Anyone else notice that the “1%” are no longer the enemy? It’s now the “10%”. Leftist incrementalism at its finest.

I have not noticed this. Is this something Fox News is pushing to fulfill the "leftist incrementalism" that they are pushing? It certainly isn't something left wing media is talking about.

 

[ISUBryce]

I say just freeze federal spending for 20 years. The stuff we don’t need will drop out.

 

[soonerinlOUisiana]

I have not noticed this. Is this something Fox News is pushing to fulfill the "leftist incrementalism" that they are pushing? It certainly isn't something left wing media is talking about.

It was in the Mother Jones video above. I haven’t seen anything on the FNC website, and I don’t do cable, so I wouldn’t know about the TV side.

 

[soonerinlOUisiana]

I say just freeze federal spending for 20 years. The stuff we don’t need will drop out.

Agree in theory. Can’t see it ever happening in practice.

 

[ISUBryce]

Agree in theory. Can’t see it ever happening in practice.

Well of course not. Nobody would agree to it on either side of the aisle.

 

[BioHawk]

It was in the Mother Jones video above. I haven’t seen anything on the FNC website, and I don’t do cable, so I wouldn’t know about the TV side.

Ah. I'm not in a place where I can watch videos right now.

 

[What Would Jesus Do?]

I say just freeze federal spending for 20 years. The stuff we don’t need will drop out.

So all we'll have left is subsidies for the rich and powerful and interest on the debt.

Great plan.

 

[ISUBryce]

So all we'll have left is subsidies for the rich and powerful and interest on the debt.

Great plan.

Yeah, that's exactly what I'd want to happen.

 

[What Would Jesus Do?]

Yeah, that's exactly what I'd want to happen.

I'm glad that you don't. But if we are freezing the budget and the fight is over what doesn't get cut, what do you think will be left?

Interest always gets paid.

The rest will be decided by those so-called representatives who are best paid by wealthy special interests.

Am I wrong?

Maybe a few token safety net programs to keep the masses from revolting.