Diary

Reduce the Deficit?

Since Congress can’t get its act together to reduce the deficit, maybe you can. Three budget puzzles are now available.

1st off: New York Times Deficit Calculator

The projected 2015 shortfall is 418 billion dollars. The projected 2030 shortfall is 1,345 billion. Find out how much of your savings come from spending decreases and tax increases. 29% of my savings come from tax increases, while 71% come from spending decreases. Keep in mind that that 29% includes the national sales tax, which is added onto the current income tax. Preferably, the income tax would be repealed and the national sales tax would become the law of the land. Anyway, I close the deficit by 2030.

According to the NYT, the biggest cutters are reducing troops in Iraq and Afghanistan, ending