They spent about 800 billion on medicare/medicade then 700 ish on SS then another equal amount on defense spending. Cutting only defense spending will not fix the issue.
*all* three numbers are too big... Those 3 numbers do not include the 200 billion per year they spend on interest because of past borrowing. Also the debt will be 15-16 trillion next year that number will keep getting bigger. It will get bigger MUCH faster than people expect. Just eliminating the debt would free up as much as 200 billion per year. Which is 2 trillon over 10 years. What could we do with that extra money? Instead of giving it to banks?
Fact of the matter is they 'lowered' the spending by about 200 billion. Calling it '2 trillion (mumble mumble over 10 years mumble mumble)'. They are still short about by about 1.2 trillion. Even 100% removing defense spending they would still be short.
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Re: Yeay! Both houses agree on a pile of crap!
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Yeay! Both houses agree on a pile of crap!
