2011 Federal Budget Cuts

[MooseNSquirrel]

Why are we cutting the part of the budget that doesn't need to be cut?

Chicken shitting all around.

But then again, Americans dont really want to pay for their cake.

 

[Doppel]

I'm wondering if we should just cut our "foreign aid" programs in addition, I'm sure Israel, Egypt and whomever else we give money for weapons would be fine without it. The fact of the matter is we need to cut spending across the board, defense especially, but defense spending shouldn't grow rapidly with an elderly population. Medicare and Social Security, on the other hand, will grow to be a very large portion of our budget (currently 35%, projected to double in the next 10 years). I see a lot of problems with the budget, but I think it should be possible to keep taxes at the same rate. Cutting taxes (further) will result in disaster. What we need to do is reduce spending, and keep it down. Follow this immediately by paying off our interest (reportedly 14% of the current budget). To summarize: cut foreign (especially military) aid, reduce defense spending and operations, reduce growth of social programs (especially Medicare and Social Security).

I'd like to take this time to blame LBJ. His "Golden Society" and his pioneering wars in Indochina. They both failed. What a wonderful precedent he set for future presidents. I'm just picking one today, I guess we can blame every president but it is really us that keeps allowing this to happen. But who wouldn't? We get "free" benefits, we never see the costs, we're too short term to allow anything stable to take hold... Oh well, we'll never find a way to spend within our means.

Foreign aid is an almost meaningless amount of the United States federal budget. It's a shame people have this view that foreign aid is anything more than an accounting error, but it is exactly that:

http://www.worldpublicopinion.org/pipa/articles/brunitedstatescanadara/670.php

 

[Vette73]

Foreign aid is an almost meaningless amount of the United States federal budget. It's a shame people have this view that foreign aid is anything more than an accounting error, but it is exactly that:

http://www.worldpublicopinion.org/pipa/articles/brunitedstatescanadara/670.php

That and a lot of it is a US credit card. i.e. countries are given money but only allowed to spend it in the US.

 

[her209]

Foreign aid is an almost meaningless amount of the United States federal budget. It's a shame people have this view that foreign aid is anything more than an accounting error, but it is exactly that:

http://www.worldpublicopinion.org/pipa/articles/brunitedstatescanadara/670.php

Foreign aid given to a country so that they can turn around to buy US defense equipment is really just more defense spending in disguise.

 

[theeedude]

He should just cut all federal spending in Republican districts.

 

[Acanthus]

Prediction: U6 unemployment hits 17%. (if these cuts pass)

 

[Lithium381]

i don't see why they're even bothering, they should just file chapter 11 or 13 and have the government bail them out.....then start fresh