How to balance the Budget
We had a budget surpluse in 2000.
Started a War in Iraq.
Started a War in Afghanistan.
The Economic Growth and Tax Relief Reconciliation Act of 2001
The No Child Left Behind Act of 2001
The Job Creation and Worker Assistance Act of 2002
The Jobs and Growth Tax Relief Reconciliation Act of 2003
The Energy Policy Act of 2005
The Economic Stimulus Act of 2008
Now we have a Deficit of 1.3 Trillion.
I recommend we roll back the, The Economic Growth and Tax Relief Reconciliation Act of 2001, The No Child Left Behind Act of 2001, The Job Creation and Worker Assistance Act of 2002, The Jobs and Growth Tax Relief Reconciliation Act of 2003 and The Energy Policy Act of 2005
This will balance the budget.
Thank you
Oh, and end the wars.
I’d recommend rolling back on the Earned Income Tax Credit. This would have millions alone!
I would recommend that we quit sending our tax dollars overseas to bankroll petty dictators. In 2010, we sent 32,27 billion dollars overseas, of which very little went to the people it was sent to help. This did not include military or funding set aside for other projects. I believe this would come closer to balancing our budget than anything else we could do…and balance it quickly! My $0.02
Thanks for allowing me to rant, Roscoe, my friend. 😀
-note- I thought it was 32.28 Billion and wrote that number in another blog…rechecked and I was off by $0.01 Billion..
I agree.
Ending our permawars and discontinuing the Bush (and now Obama) Tax Cuts would go a long way in my opinion. I’d also like to see an end to subsidies for corporate megafarms too. Give traditional family farms that aren’t in the pocket of Monsanto a chance to compete in the Ag market again. We should also quit giving tax money to oil companies too. I think they’re doing just fine without our help.
Ever notice all of those programs were started by Bush, some continued by Obama, and most of them are just well, ridiculous.
My suggestion is to start putting more tariffs on imports where there are huge trade disparities, and place a higher tax on those companies that go elsewhere for production. Give new companies more tax breaks, and bring in more jobs by making it more ideal to stay. With a bigger workforce, there is a larger tax base. A larger tax base means we’re not going into a bigger deficit.