Cutting CPI on social security is unacceptable. The government owes SS $2.4 trillion that presidents have raided from excess SS revenues . Pay back any annual SS deficit with money owed.
The $50 billion in cuts from Medicare and SS could have been achieved by bargaiing prices of Prescription drugs for Mediare down to prices those companuies charge in Europe —-$40 billion in saving .
Satardized claim forms for all health insurance companies would save $8 billion.
Defense should be cut $100 billion as per the bi-partisan commission
The tax cut for teh rich should be eliminated-$70 billion
Obama‘s $300 billion tax cut was on top of Bush’s $230 billion tax cut . SOmeone should tell the Republiacns , and Obama, that federal revenues were les in 2010 than 2009 and 2011 projected increases amount to 1.7% increse after inflation per annum-the LOWEST SPENDING INCRESE IN 75 years.. -Eliminate $200 billion of cuts over 2 year-they were TEMPORARY.
Total cuts in defcit———-$418 billion
In addition a Financial Transaction Tax on every stock or financial instrument purchasefof 1/4 of one percent ( buyer and seller) would raise $150 and dampen day trading speculation and address high frequency trading which is a scam.
Total cuts——– $568 billion!!!!!!!!
Obama should have prosed a revenue based cut in the deficit more than Republicans and let them explain their
refusal. But when you let the Republcans frame the debate on spending, spending, spending and neitther the press nor the Obama administraion tells the American people that spending is the one part of governmentn that has responded severly to the deficit-you have lost.
Location: naples,fl
Recent Comments