General Discussion
In reply to the discussion: If Dems won the election, why is ANYONE talking about a 3:1 ratio of spending cuts/tax increases??? [View all]OldDem2012
(3,526 posts)....insurance, food stamps, veterans benefits, etc. I am personally against cuts to any of those programs.
Defense and Intelligence suck up enormous amounts of tracked and untracked tax dollars that can be trimmed to eliminate pet projects and programs we no longer need in today's global environment.
Additionally, there is a ton of additional fat in state programs that result in "bridges to nowhere".
Tax dollars need to be reallocated to education and the infrastructure. As far as the latter is concerned, we need a program similar to the programs implemented by FDR that put millions of Americans to work on projects that paid well and had to be done for the good of the nation.
And yes, Americans earning more than $250,000 annually need to have their tax cuts rolled back. That was the promise made by the President, and I have no doubt it will happen. There are also other means to increase tax revenues such as, for example, a 1 cent sales tax earmarked to bring down the deficit.
Just my thoughts this am.