We don’t have a 2011 budget yet. They are just going to have to cut it until it fits, or collect more in taxes. I’m just telling you what I think the GOP should do. You can’t cut medicare or social security, and most of that is covered by the trust funds anyway. You can’t cut interest on the federal debt. That leaves everything else. I would not cut the military, since that is the primary purpose of the federal government, but if that’s what you’ve gotta do to make it fit, then do it.
Agree somewhat. From a purely federal budget stand point, to get to a $0 Deficit, we have to cut into the meat of essential, constitutional, functions like defense. It would be preferential to raise taxes. Unfortunately taxes stay at about a 18.5% level of GDP regardless of tax rates. So I think the only way to get there is by massive (49%) budget cuts.
One more thing.
“You can’t cut medicare or social security, and most of that is covered by the trust funds anyway.”
If you truly believe that and you believe in arithmetic then you should take all your savings, turn them into metal and leave the country.