Ironduke

So what do you think? Is it more important to roll out more tax cuts?

Or cut spending to reduce the federal budget deficit?

Note, raising taxes is not an option.

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The Buck Stops Here

Shek

Make the 2002 tax cuts permanent and cut spending. Unfortunately, the most recent White House budget didn't get at the second task.

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"So little pains do the vulgar take in the investigation of truth, accepting readily the first story that comes to hand." Thucydides 1.20.3

Shamus

I second the motion....

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A positive attitude may not solve all your problems, but
it will annoy enough people to make it worth the effort.

Army5339

Both? :D

dalem

Yeah, what Shek said - both. I don't think we should do additional tax cuts (except lowering the corporate rate to 20-25%) but definitely keep what we have. And trim trim trim. Let more money stay with the people and the states to spend.

-dale

Tarek Morgen

lower income taxes (or none at all at best), compensated through sale/trade taxes (what is the correct term in the US?).

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uh I might be wrong

gunnut

Bush did cut back on discretionary spending from an annual increase of 7% to 5%. In government jargon, that's a cut.

Cut taxes. Take a chainsaw and mince the spending programs.

Hard to believe, but here's the original Reaganomics, or "voodoo economics" as described by all socialists: YouTube - Income Tax Cut. JFK Hopes To Spur Economy 1962/08/13 (1962)

Funny how all the liberal democrat socialists in this country today, even those in other countries, gush over JFK without knowing what the man was really about.

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"Only Nixon can go to China." -- Old Vulcan proverb.

bolo121

Easiest way....just garnish 50% of every CEO's golden parachute
problem solved and reelection chances improved

Ryan Bailey

Friends, taxes and spending must both be lessened as a means toward cutting government.

What shall be left in its place, in this global over-governance quandry, you ask ?

I feel that the answer is "liberty".

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"If we will not be governed by God then we will be ruled by tyrants" -William Penn

crooks

Cutting Spending is the only viable way to narrow a deficit bar raising taxes....bit of a no brainer, eh?

Where do y'all yanks reckon expenditure can be best slashed (it's very easy to talk about it, but what could be cut without political ramifications)?

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'Liberty - it is newly strung and shall be heard.' - Motto of the United Irishmen.

SteaminDemon

I like McCains stance and record on fighting pork. If we start there we can save billions and billions. Then we can decide what we want to cut afterwards.

As for the Military, no cuts needed there whatsoever other than restructuring the way we go about contracts like they did back in the 80's which cut cost overruns, pork, and unecessary expenditures substantially. Also, competition needs to be brought back, which will further reduce costs.

One cut, though it is not implemented is the Carbon cap/credit/tax BS.

How can one cut spending without assesing, evaluating, investigating to ensure the money that is being spent is not being abused like it is in many instances? We should start there prior to any "cuts". Then after that is said and done, start cutting.

You want cuts? I'll cut you!

dalem

Actually if you lower taxes and hold spending neutral (HAH!) you can increase revenue a great deal.

-dale

gunnut

That's the problem. Politicians since FDR have used government programs to buy votes, democrats more than the republicans. After 70 years of "entitlement" mentality, it's nearly impossible to get people off this addiction. Coccaine is easier to quit than this.

I always thought we should gut the federal department of education and move all the responsibilities to the states. After all, why should a bureaucracy 3000 miles away tell me how best to educate kids over here?

Get rid of HUD (housing and urban development). Of course Jesse Jackson and Co. will scream racism.

There are too many things we should get rid of in our $3.1 trillion budget. The one with the least amount political ramification is military. Of course the military is what allows us to have all this crap in the government. No security, no pork.

SteaminDemon

GunNut, I seriously hope you do not support cutting the military.

crooks

Fair bit of sense spoken there - why on earth was education ever handled at a Federal level in the first place ?