What Else Would $60 Billion Buy?

[BrklynLiberal]

http://www.nytimes.com/2010/12/05/weekinreview/05numbers.html?_r=1

$60 Billion: The approximate amount that extending the Bush tax cuts on income above $250,000 a year — which Congress seems on the verge of doing — will cost a year, in inflation-adjusted terms. On average, the affluent households that benefit from these cuts will save $25,000 annually. What else might that $60 billion a year buy?

•As much deficit reduction as the elimination of earmarks, President Obama’s proposed federal pay freeze, a 10 percent cut in the federal work force and a 50 percent cut in foreign aid — combined.

•A tripling of federal funding for medical research.

•Universal preschool for 3- and 4-year-olds, with relatively small class sizes.

<snip>

•Twice as much money for clean-energy research as suggested by a recent bipartisan plan.

•Free college, including room and board, for about half of all full-time students, at both four- and two-year colleges.

•A $500 tax cut for all households.

[DrDan]

1. 40 new high schools for each state in the U.S. @ $30M per school

[notesdev]

2. 6.5 more months

screwing around and getting people killed in Afghanistan

[MikeFoxtroters]

3. Third time

I've mentioned what I'm about to say. I got called a liar for saying it once already. The deficit commission, in a meeting with Obama discussed multiple options for how to spend the money saved from not extending the tax cuts for the top bracket. Primarily, social and stimulus program expansion. The text of the meeting is on the whitehouse website. You'll have to search for it.

[BrklynLiberal]

4. All I could find was this....

http://www.cnn.com/2010/POLITICS/12/06/obama.taxes.debates/?hpt=T2

[MikeFoxtroters]

5. It's on whitehouse.gov