Balance The FEDERAL Budget

[Patranus]

Balance the 2010 FEDERAL budget.
Remember, nothing is stopping your state, county, city, ect. from providing local services.

Total revenue: $2.381 trillion
Total expenditures: $3.552 trillion
Deficit: $1.171 trillion

Total receipts
$1.061 trillion – Individual income taxes
$940 billion – Social Security and other payroll tax
$222 billion – Corporation income taxes
$77 billion – Excise taxes
$23 billion – Customs duties
$20 billion – Estate and gift taxes
$22 billion – Deposits of earnings
$16 billion – Other

"Mandatory" spending: $2.184 trillion
$695 billion – Social Security
$453 billion – Medicare
$290 billion – Medicaid
$0 billion – Troubled Asset Relief Program (TARP)
$0 billion – Financial stabilization efforts
$11 billion – Potential disaster costs
$571 billion – Other mandatory programs
$164 billion – Interest on National Debt

Discretionary spending: $1.368 trillion
$663.7 billion – Department of Defense (including Overseas Contingency Operations)
$78.7 billion – Department of Health and Human Services
$72.5 billion – Department of Transportation
$52.5 billion – Department of Veterans Affairs
$51.7 billion – Department of State and Other International Programs
$47.5 billion – Department of Housing and Urban Development
$46.7 billion – Department of Education
$42.7 billion – Department of Homeland Security
$26.3 billion – Department of Energy
$26.0 billion – Department of Agriculture
$23.9 billion – Department of Justice
$18.7 billion – National Aeronautics and Space Administration
$13.8 billion – Department of Commerce
$13.3 billion – Department of Labor
$13.3 billion – Department of the Treasury
$12.0 billion – Department of the Interior
$10.5 billion – Environmental Protection Agency
$9.7 billion – Social Security Administration
$7.0 billion – National Science Foundation
$5.1 billion – Corps of Engineers
$5.0 billion – National Infrastructure Bank
$1.1 billion – Corporation for National and Community Service
$0.7 billion – Small Business Administration
$0.6 billion – General Services Administration
$19.8 billion – Other Agencies
$105 billion – Other

 

[ElFenix]

$695 billion – Social Security
$453 billion – Medicare
$290 billion – Medicaid
= $1.438 trillion

$940 billion – Social Security and other payroll tax

:hmm:

 

[Patranus]

Eliminate
$290 billion – Medicaid
$51.7 billion – Department of State and Other International Programs
$47.5 billion – Department of Housing and Urban Development
$46.7 billion – Department of Education
$26.0 billion – Department of Agriculture
$13.8 billion – Department of Commerce
$13.3 billion – Department of Labor
$1.1 billion – Corporation for National and Community Service
$105 billion – Other

Reduce
$571 billion – Other mandatory programs (50&#37
$663.7 billion – Department of Defense (including Overseas Contingency Operations) (10%)
$78.7 billion – Department of Health and Human Services (70%)
$72.5 billion – Department of Transportation (90%)
$9.7 billion – Social Security Administration (75%)
$10.5 billion – Environmental Protection Agency (50%)

Total Savings: 1,179.853 Billion Dollars
New Deficit: N/A
Revenue To Government: 8.853 Billion

 

[Hacp]

I thought it would be another LA times interactive. I had fun with that.

 

[sandorski]

hehe, if it were only as easy as changing some numbers, it would have been done Decades ago.

 

[Hacp]

hehe, if it were only as easy as changing some numbers, it would have been done Decades ago.

Yes, then you'd have all the union members and wel fare recipients crying b/c we took away their free lunch.

 

[Suspicious-Teach8788]

how about we just cut SS and Medicare and Medicaid NAO.

it'll make the suffering better than what we have to deal with down the road

 

[Hacp]

how about we just cut SS and Medicare and Medicaid NAO.

it'll make the suffering better than what we have to deal with down the road

Exactly. SS and medicare are such a large part of our budget. Getting rid of union workers won't hurt either.

 

[Patranus]

how about we just cut SS and Medicare and Medicaid NAO.

it'll make the suffering better than what we have to deal with down the road

I would be down to cut Medicaid but you would have to phase out SS and Medicare because people paid into the system.

 

[sandorski]

Yes, then you'd have all the union members and wel fare recipients crying b/c we took away their free lunch.

Clearly you have no idea who would be "crying".

 

[Hacp]

I would be down to cut Medicaid but you would have to phase out SS and Medicare because people paid into the system.

They're the same ones that voted to give the unions their generous pensions.

 

[ohnoes]

valuing defense over infrastructure, education, & development. Nice!

 

[Deeko]

valuing defense over infrastructure, education, & development. Nice!

Defense is a national issue.

Educataion and infrastructure are largely state issues. Children do not attend national schools - they attend state schools. What good is the department of education getting us? NCLB? Stafford loans? Things like that can be handled at a state level.

 

[Patranus]

valuing defense over infrastructure, education, & development. Nice!

Infrastructure and education are the responsibilities of the state/county not the federal government.

Why should we pay taxes to the federal government only to have that money given out as political favors. I would much rather have the state/city/county directly tax the money knowing that 100% of it will go to LOCAL schools.

Same thing applies with infrastructure. California gets pennies back for each dollar sent to D.C. because it is paying for infrastructure in other states. If these other states want the infrastructure so much, THEY SHOULD PAY FOR IT.

 

[Hacp]

valuing defense over infrastructure, education, & development. Nice!

Education is a state issue.

 

[piasabird]

Require all companies that have a tax abatement to report the saved tax dollars as Payment-In-Kind and report it on their federal income tax as Income.

 

[her209]

$663.7 billion – Department of Defense (including Overseas Contingency Operations)

:hmm:

How much of that actually goes towards actual defense and not just lining the pockets of defense contractors?

 

[piasabird]

Your figures are probably way off. There are other items that add to the deficiet but they are considered Off-Budget like Iraq and Afghanistan.

Department of education is things like PELL Grants. Student Loans, partial funding (1/3) of Community Colleges. You may not want to cut this much since there are a lot of out of work people going to school now.

Feel free to cut things like the arts and welfare for farmers. You could cut everything accross the board by 20% and people would still get by. If working people have to suffer then so should people on welfare and SSN and others. It is about time we just pull all the troops out of Iraq also. Let them run their own country. Then we can also pull all the troops out of Europe and South Korea and Japan and the Phillipines and everywhere in south america.

We really need troops along our southern border. It looks like all out war in Mexico is a definite possibility.

 

[nonlnear]

I did it!
Here is a $48 billion surplus, with a massive tax cut to boot.

$700 – Individual income taxes
$0 – Social Security and other payroll tax
$200 – Corporation income taxes
$77 – Excise taxes
$23 – Customs duties
$20 – Estate and gift taxes
$22 – Deposits of earnings
$16 – Other

$0 – Social Security
$0 – Medicare
$0 – Medicaid
$0 – Troubled Asset Relief Program (TARP)
$0 – Financial stabilization efforts
$11 – Potential disaster costs
$200 – Other mandatory programs
$164 – Interest on National Debt

$200.00 – Department of Defense
$0.00 – Department of Health and Human Services
$72.50 – Department of Transportation
$80.00 – Department of Veterans Affairs
$51.70 – Department of State and Other International Programs
$0.00 – Department of Housing and Urban Development
$0.00 – Department of Education
$20.00 – Department of Homeland Security
$40.00 – Department of Energy
$20.00 – Department of Agriculture
$30.00 – Department of Justice
$10.00 – National Aeronautics and Space Administration
$13.80 – Department of Commerce
$13.30 – Department of Labor
$13.30 – Department of the Treasury
$12.00 – Department of the Interior
$10.50 – Environmental Protection Agency
$0.00 – Social Security Administration
$0.00 – National Science Foundation
$5.10 – Corps of Engineers
$0.00 – National Infrastructure Bank
$0.00 – Corporation for National and Community Service
$0.00 – Small Business Administration
$0.60 – General Services Administration
$10.00 – Other Agencies
$60 – Other

Divest the federal government of SS, Medicare and Medicaid into opt in/out agencies that derive their funding from voluntary state contributions. The states WILL opt in unless they can convince their electorates that they want to kill these programs. (hah!) Just looking at the list above makes it appear that I am killing these programs but it's really not the case. It just brings the costs closer to the people so that the people can keep them more accountable - or switch to a different service model if they so choose. This goes for all the programs that got set to $0. They don't have to disappear, but they can be taken off of the feds' books and turned into non-mandatory programs.

I increased VA funding generously (effectively, as I left it alone whilst drastically slashing the military), as well as Energy and Justice. Other cuts in the unnamed agencies include the ATF, much of the FCC (reducing their mandate to only technical specs and removing all jurisdiction over content), killing the DEA and migrating those few useful bits of it into the DoJ and FBI.

That's without bothering to go over DoT, State, Commerce, Labor, Treasury, or the Interior Department with a fine toothed comb... This couldn't be done in 2010 because scaling back the military would take a while. However it needs to be done.

The only problem with the federal government budget is the insatiable desire for centralized power.

 

[her209]

Your figures are probably way off. There are other items that add to the deficiet but they are considered Off-Budget like Iraq and Afghanistan.

including Overseas Contingency Operations

Its in included in the budget.

 

[Patranus]

..... partial funding (1/3) of Community Colleges.

If a community wants a fucking college they should pay for it.

 

[piasabird]

Maybe we should push everyone over 80 into the incinerator and turn them into food pellets. Wasnt there a movie like this. Think what we would save in welfare and health care???

Force builders to build smaller houses. Only alot people a certain amount of square feet. Rich people can live like normal people or pay a premium for fire and electricity and water. These people with too many square feet should be taxed more for their extra square feet to pay for more electricity and public services.

Call it the Luxury Space Tax

 

[piasabird]

If a community wants a fucking college they should pay for it.

They are paying for it you stupid idiot. They are paying federal income tax you moron. Colleges educate people for jobs so those people graduate and then get a job to pay the taxes for the college. The college is really paying for itself. I guess you need to think this thing through in your mind.

Community College Funding
1/3 Federal
1/3 State
1/3 Local funding like Tuition and Donations

Dont you believe in the Children?

 

[Deeko]

They are paying for it you stupid idiot. They are paying federal income tax you moron. Colleges educate people for jobs so those people graduate and then get a job to pay the taxes for the college. The college is really paying for itself. I guess you need to think this thing through in your mind.

-No they aren't, since we have such massive defecits
-The COUNTRY is paying for it now, not the community. So taxpayers in CA are paying for community colleges in NH.

 

[Patranus]

They are paying for it you stupid idiot. They are paying federal income tax you moron. Colleges educate people for jobs so those people graduate and then get a job to pay the taxes for the college. The college is really paying for itself. I guess you need to think this thing through in your mind.

So you are telling me that for a state like California which gets pennies on the dollar back for each dollar spent to D.C. it is more efficient when compared to funding the community college directly through local taxes?

(The April Fools joke is that the federal budget cannot be balanced)