Sunday, March 31, 2013

Budget Politics


by Jason Smith

I was willing to cut defense spending, non-defense spending, home mortgage interest     deduction and I didn't want to expand health insurance coverage. In total I saved $675 billion. I definitely chose to cut military spending because we need to stop focusing on international issues and use that money to focus on domestic issues. This perpetual war needs to stop. I was willing to cut non-defense spending because in my opinion private institutions can and should step up and give back with all of the money big business has. I understand education is a part of non-defense spending, but our education system is horrible and spending money on a horrible system makes things worse. The whole system needs to be changed if money is going to be spent there. I cut the home mortgage interest deduction because I think that could potentially help the housing market. Health insurance is also a system that needs reform even with this new reform because health insurance companies are beyond corrupt so the system needs to change before money is spent.

I wouldn't impose any more taxes because consumers shouldn't have to pay for problems that weren't caused by them. Carbon taxes are probably the dumbest idea for taxes ever because all it is doing is putting more money in the wrong people's wallets. I wouldn't reduce social security benefits because I don't know much about it.

Lower class people, government workers, and the military are affected by my cuts the most. Let's be honest though, this spending wasn't truly helping lower class people anyway. Poverty has to be dealt with in other ways and not simply by spending on things that don't help people in the long-run. I don't know how this makes me politically because my opinions aren't one sided. 

3 comments:

  1. Your idea is pretty clear. To solve the budget problem, you chose to decrease spending rather than raise more income. I agree with most of ideas, although I have to say they are quite extreme. Decreasing the defense spending is probably a thing you should, but certainly not a thing you CAN do. With all the high tension in Aisa ---- Syria & Russia; China & Japan & Taiwan & Philippines; North Korea & South Korea ---- I really don't think you can cut the defense budget successfully.

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  2. I think the key to our spending issue/budget problem is not so much where we get the money to cut from, but how to agree on it. There have been several different plans presented on the Hill, but party partisanship, ego, and stubbornness has prevented Republicans and Democrats from coming to a solution, at the detriment of the nation.

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  3. I'd have to agree with alot of your spending decisions. Your rational for cutting defense spending is good. We need to take a step back from policing the world all the time and devote some of that money to domestic problems. But, one point that I don't agree with totally is the fact that all this spending didn't really help the lower classes. I think that in the case sometimes, but not all the time. Although we do need another solution so help the poverty problem, saying that the spending wasn't helping the lower classes is a bit to broad of a statement.

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