Get this reality - projections are not reality they are estimations based upon political calculations and any number of other bullshit.
Get this reality - after Bush cut taxes government revenue increased - after Reagan cut taxes government revenue increased - after Kennedy cut taxes government revenue increased.
The only sane way to budget is to not have the government spend money it doesn’t have. Yes we need to cut spending - that wasn’t even the topic of discussion. Cutting taxes would also be a good thing. But that isn’t the argument you and the Democrats made - it was that we needed to INCREASE taxes (during a recession) AND cut spending.
This was their “balanced approach” - cut spending, supposedly, and increase revenue by INCREASING tax rates (which as I originally pointed out - may or may not actually increase revenue).
Revenue in 2011 is expected to be $2,425,725 million.
2011 costs in millions,
Department of Defense-Military $723,703
Department of Health and Human Services $926,236
Interest on Treasury Debt Securities (Gross) $464,706
Social Security Administration $789,034
Comes to $2,903,679 million. With those three programs alone plus minimum interest payments we have a $477,954 millon deficit. Note this does not even count necessary programs like Federal Prisons and the like.
If you want to cut those three programs, I am right there with you. If you don't then my point that I stand on is that we should pay for them and stop borrowing money.