In: Interactive Politics Source: NYT US Economy
The NYT presents you with a number of options for cutting the deficit and displays the cumulative effect in 2015 and 2030. (related article on project methodology)
November 16th, 2010 at 12:26 am
Since no one can agree to have their own stuff cut – only the other guy’s – I would cut the federal budget by 10% across the board – every single outlay would become 10% less.
At the end of a year, if the budget wasn’t balanced and the debt at zero – I would cut another 10% across the board – no exceptions.
I’d keep that up – 10% less spent per year – until the budget was balanced and the debt at zero.
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