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Rekna · 11-14-2010, 04:48 PM

We have heard a lot about balancing the budget. However, we haven't heard a lot about reducing social security and/or Medicare, or raising taxes. Here is an interactive budget calculator.

Budget Puzzle: You Fix the Budget - Interactive Feature - NYTimes.com

Play around with this a bit and see how you can balance the budget. It will be pretty hard to balance the budget without some major changes. So what changes would you make?

---------- Post added at 12:48 AM ---------- Previous post was at 12:37 AM ----------

Here is an interesting configuration. If you remove all of Bush's tax cuts you completely balance the 2015 but only reduce the 2030 deficit by half. I know the right would howl about loosing jobs but it appears that Bush's tax cuts didn't help jobs at all. In fact, during Bush's two terms the economy shed an unprecedented number of jobs.

11-14-2010, 04:48 PM	#1 (permalink)
Rekna Junkie	Can you balance the budget? We have heard a lot about balancing the budget. However, we haven't heard a lot about reducing social security and/or Medicare, or raising taxes. Here is an interactive budget calculator. Budget Puzzle: You Fix the Budget - Interactive Feature - NYTimes.com Play around with this a bit and see how you can balance the budget. It will be pretty hard to balance the budget without some major changes. So what changes would you make? ---------- Post added at 12:48 AM ---------- Previous post was at 12:37 AM ---------- Here is an interesting configuration. If you remove all of Bush's tax cuts you completely balance the 2015 but only reduce the 2030 deficit by half. I know the right would howl about loosing jobs but it appears that Bush's tax cuts didn't help jobs at all. In fact, during Bush's two terms the economy shed an unprecedented number of jobs.