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If we really wanted to argue like pros

Discussion in 'Political Discussion' started by IllegalContact, Oct 31, 2012.

  1. IllegalContact

    IllegalContact On the Roster

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    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
  2. IllegalContact

    IllegalContact On the Roster

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    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
    Last edited: Oct 31, 2012
  3. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

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    #24 Jersey

    My Results :

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

    IllegalContact On the Roster

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    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.
    Last edited: Oct 31, 2012
  5. Ilikehappyppl

    Ilikehappyppl Rookie

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    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.
  6. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

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    #24 Jersey

    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.
  7. IllegalContact

    IllegalContact On the Roster

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    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
    Last edited: Oct 31, 2012
  8. IllegalContact

    IllegalContact On the Roster

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    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)

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