Posts Tagged ‘defense’

The BIG FOUR Enter the Discourse of Debt


Monday April 4th, 2011   •   Posted by Emily Skarbek at 7:13am PDT   •   0 Comments

No, I am not referring to the Allied Leaders in WWI, college basketball, or the top accounting firms in the U.S. The BIG FOUR of the Budget are Medicare, Medicaid, Social Security and Defense. Together they make up around 65% of non-discretionary spending. Today, the New York Times and Wall Street Journal are running…
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How to Cut the 2011 Federal Budget by 2/3 and Have a $1.3 Trillion Surplus


Friday February 11th, 2011   •   Posted by David Theroux at 12:41pm PST   •   22 Comments

In conjunction with its Government Cost Calculator, the Independent Institute is proposing cutting the 2011 Fiscal Year budget for the federal government by $2.5 trillion from the updated $3.7 trillion in spending projected by the Congressional Budget Office in January. The result would reduce federal spending by 67.6% with a surplus for the year…
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