All we need to do is remove the socialist in the white hut, and his boy Mitch.
No, we actually do complain that we’re paying tooo much.
And we’re deeper in debt than we’ve ever been before, so I don’t know how anyone can think we’re close to a balanced budget.
Bill Buckley must be turning over in his grave.
Fact: Spending will have to decrease in order to balance the budget, which big government doesn’t want.
We're not likely to get any closer.
Just imagine when Yellen turns off her magical money machine and interest rates on $18 trillion in debt returns to market rates. A five percent rate hike would put $900 billion more interest per year on the tab.
Kevin may have a point, but often when reviewing Trump it remains firmly to his head.
The middle class, those earning between 50k and 150k per year are the ones who are most in need of the social security, right along with the poor. They are the ones paying the highest percentage of of their income as taxes into the programs. Including employer percentage these people are paying at least 15% of their income in taxes where as a high earner is paying less as they have a cap on those taxes. AS THEY SHOULD.
As for those programs, privatization is the key. Eliminating the bureaucracy in DC with it’ tens of thousands of worker bees all earning far above the average private sector wage with the addition of massive benefits packages should be all but eliminated.
Medicare should be sent to the insurance company of the participants choice. Allow the state government oversight of the programs and private insurers as they do already for the private insurance market. Allow for several different programs with several different benefit packages, but all with hospitalization and regular check ups included.
Medicare Plus is a success and people who are on it generally love it.
As for Social Security. A program allowing 50 and under to put a portion into private equities that are transferable to beneficiaries would be far superior to the nonsense we have now. That would allow for several different forms of investment, all could be handled by private insurers as well. They could also be regulated by the state.
I agree that Americans of more modest incomes need to be carrying more of the tax burden. As it stands now they have little to no skin in the game, which explains their growing support for people like Bernie Sanders.
When a country is in debt over 100% of it’s GDP I think it’s a little premature to start cheering.
“That puts us within striking distance of having a balanced budget “
Everyone knows a balanced budget does not bring down the deficit. Beyond that, the deficit I believe is supposed to rise again after 2020.
They can’t even pass a budget let alone balance it.
Balancing the budget is actually one of the smallest of our problems, and politicians can’t even accomplish that.
Paying down the debt is the really big problem, and there is about 0.0% chance they will even attempt to do that!
Balancing the budget is actually one of the smallest of our problems, and politicians can’t even accomplish that.
Paying down the debt is the really big problem, and there is about 0.0% chance they will even attempt to do that!