Democrats = raise taxes and spend more
Republicans = cut taxes and spend more
Your absolutely right. The saying use to be tax and spend liberals. Now it’s cut taxes and spend conservatives.
Social Security is our biggest budget item, and the social security trust fund is the largest part of our debt (16%). Here is how I would change the social security law.
1.I would create a minimum insurance amount of $1500 and a maximum insured amount of double the minimum.
2. I would make all income subject to the social security tax. (Right now only the first $114000 is taxed.
3. The social security trust fund would be eliminated off the books. (It’s an accounting gimmick anyways, the bonds can only be redeemed to the government.)
Like any good compromise there is something for both sides to love and hate. The Democrats get to brag about the new minimum insured amount and raise taxes on the “rich”. Conservatives can brag about helping to make the budget more balanced and reducing the national debt by 16% or 3.2 Trillion dollars. No one comes away completely happy and no one comes away without something. But I now believe conservatives don’t really want to balance the budget or reduce the debt anymore that liberals want to.