The Federal Government now spends more money on Social Security Insurance, Medicare, Medicaid, interest on the National Debt, and defense than it collects in taxes. So without cuts to those categories, even if the government totally eliminated all other spending, the budget still wouldn’t balance.
These massive deficits in spending every year, by every president of late, has kept the system barely functioning. The only ‘growth’ we get now has been massive deficits and debt, and Republican and Democrat voters show no interest in stopping that spending.
Cut Medicare and Social Security and Repubs will be recalled, primaried, and lose the House & Senate in 2026.
Probably the presidency in 2028 as well.
No, use DOGE to reduce all the gov’t agencies by half, get rid off all corporate welfare (I believe it was 4X as much is spent on this as is spent on food stamps and Medicaid as Stossel reported), end H1-b, deport millions of illegals, save hundreds of billions per year by evicting them find all fraud and abuse in social welfare spending, tell Europe they can handle Putin all together militarily (and they can) then reduce military spending by 20%.
This will balance the budget while shoring up Social Security and Medicare.
I would say that a 10% import tariff that when directly to fund SS and MC would be in order. End MC.