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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Alighieri who wrote (587945)9/29/2010 2:05:06 PM
From: TimF  Read Replies (1) | Respond to of 1574055
 
It's both.

In terms of "bankrupting" the country, its the spending.

In terms of "bankrupting the government" its both, but mostly the spending.

Until these programs are changed and spending reduced you simply don't cut taxes

How about until the revenue is in place you don't increase spending. Not just you don't create new programs, but you don't let the old programs spend any more than they are now. That includes increases in entitlements, with an increase measured as spending a dollar more next year (adjusted for inflation, and maybe overall population growth), than we do this year, (and yes if you generally apply it, I'm fine with applying it to defense spending as well, even though entitlements are the real budgetary problem).