Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: mel221 who wrote (114891)	6/6/2012 4:54:37 PM
From: tejek	Read Replies (2) \| Respond to of 149317

>> By the end of 2008, the U.S. had spent approximately $900 billion I accept that as fact. So, 6 years of war cost 900 billion dollars. Annualized that is 150 billion dollars. You are nowhere nearly budget surpluses as you stated. You still need to find over a trillion dollars of cuts. Annually. Defense has been spending $850 billion per year at least. If we take off $500 billion from Defense and add back in the revenues from the Bush tax cuts, I bet we will be very close to breakeven.