IllegalContact

we should use this budget simulator for all of us to propose budget changes

Budget Simulator | Committee for a Responsible Federal Budget

it would then need to be compared probably in some spreadsheet way, but this would be hard

the problem that is made painfully obvious is that you can't really argue one thing until you see all the things that make up the budget....in other word, getting your facts before saying who should pay more for taxes or what crap should be cut

I think this app is pretty amazing.....makes me feel smarter than our politicians, because avoiding the fiscal cliff should be pretty easy if you think bottom line more than political futures

__________________
“ I think good coaches will coach with the personnel they have, and if you only have one (good) linebacker, you’re not going to play a 3–4. ”
—Hank Bullough, who installed one of the first 3–4 defenses with the New England Patriots.

IllegalContact

here's my model

Iraq and Afghanistan
Reduce Troops to 45,000 by 2015 -$840B

2001/2003 Tax Cuts
Renew Tax Cuts Available at Lower
Incomes and Continue AMT and Estate
Tax at 2009 Level $2,660B


Alter the Sustainable Growth Rate

Freeze the Sustainable Growth Rate
Grow Sustainable Growth Rate at
Medicare Economic Index

Adopt the Bowles-Simpson Fiscal
Commission Recommendations for the
Sustainable Growth Rate $280B


Foreign Aid
Cut Foreign Economic Aid in Half -$90B

Reduce Spending Related to the Nuclear -$80B
Arsenal


Domestic Social & Economic
Spending
Block Grant Food Stamps and Reduce
to 2008 Levels -$180B

Social Security

Raise the Normal Retirement Age to 68 -$160B

Progressively Reduce Benefits, Protecting Low -$90B
Income Earners
Use an Alternate Measure of Inflation for COLA -$110B
Increase Years Used to Calculate Benefits -$50B
Include All New State and Local Workers -$100B


Healthcare
Establish a Public Option in the Health
Exchanges -$100B
Repeal Insurance Mandate -$330B
Require Manufacturers to Pay a Minimum Drug -$110B
Rebate for Medicare Low-Income Beneficiaries
Enact Medical Malpractice Reform -$50B
Increase Medicare Retirement Age to 67 -$140B

Other Spending
Reform Federal Retiree Benefits -$70B
Reform Fannie Mae and Freddie Mac -$30B
Reduce Farm Subsidies -$100B
Expand Spending on Federal Research &
Development $110B
Reduce Funding for the Arts & Humanties -$10B
Increase Mass Transit Funding $60B


Revenue
Sell Certain Government Assets -$80B
Repeal LIFO Accounting Methods and
Eliminate Oil and Gas Preferences in the Tax
Code -$150B
Enact Carbon Tax or Cap-and-Trade -$410B
Increase Gas Tax by 10 Cents per Gallon -$120B
Eliminate Taxes on Capital Gains, Dividends
and Interest for Families Earning Below
$200,000 $230B
Impose a 5.6% Surtax on Income Above $1
Million -$540B
Enact the Buffett Rule -$160B
Reduce Corporate Tax Rate to 30% $410B
Index Tax Code to Alternate Measure of
Inflation -$50B
Improve Tax Collection (Reduce Tax Gap) -$10B

Tax Expenditures

Make Research & Experimentation Tax Credit $40B
Permanent
Cut the EITC and Child Tax Credit -$80B
Expand the EITC and Child Tax Credit $110B
Extend American Opportunity Tax Credit $50B

my savings relative to current policy would be 4.5T
my savings relative to current law would be 0.9T

I would achieve the goal of debt = 60% of GDP by 2024....the goal was 2021, and anothe 700B would get me there, but I think my programs would wreak enough havoc

__________________
“ I think good coaches will coach with the personnel they have, and if you only have one (good) linebacker, you’re not going to play a 3–4. ”
—Hank Bullough, who installed one of the first 3–4 defenses with the New England Patriots.

BelichickFan

My Results :

You reduced the debt to 55% of GDP in 2020, and kept it at a sustainable level through 2030.

IllegalContact

who did you kill? there is a fair amount of it being like the game of 'operation'

you can't just hack and slash because you will never generate the revenues to make it happen....you wil lliterally smash the economy if you did it all at once...... there needs to be a logical balance

there should be a 3rd dimension to the project in order to be able to stagger reductions.

__________________
“ I think good coaches will coach with the personnel they have, and if you only have one (good) linebacker, you’re not going to play a 3–4. ”
—Hank Bullough, who installed one of the first 3–4 defenses with the New England Patriots.

Ilikehappyppl

Did it and it was easy, I could of done it 10 diffrent ways....

Pick your poison for a better lack of a term.

You reduced the debt to 54% of GDP in 2020, and kept it at a sustainable level through 2030.

Wish we could link the actual page and #'s instead of copy and paste.

__________________
America's present need is not heroics but healing; not nostrums but normalcy; not revolution but restoration.
Warren G. Harding









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BelichickFan

I tried to be realistic, I cut most stuff but didn't totally destroy SS/Medicare (only cut for the wealthy) and even restored Bush tax cuts just for middle class and below and added the surtax on incomes over $1M. The tax increases are against my better nature but the deficit needs to be reduced.

IllegalContact

save it to pdf then save the pdf to text....that's how I did it

be nice if you cold post the pdf's so we could rip into each other.

more emphasis on the issues and not as much garbage about one candidate or the other

the breadth of possibilities is pretty impressive

__________________
“ I think good coaches will coach with the personnel they have, and if you only have one (good) linebacker, you’re not going to play a 3–4. ”
—Hank Bullough, who installed one of the first 3–4 defenses with the New England Patriots.

IllegalContact

I dented everything a bit......

I added the surtax for the 1M+ and I removed food stamps.....everybody's got to pay

I increased all age related thing (longevity is the reason)

__________________
“ I think good coaches will coach with the personnel they have, and if you only have one (good) linebacker, you’re not going to play a 3–4. ”
—Hank Bullough, who installed one of the first 3–4 defenses with the New England Patriots.