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Obama Admin. Projects 9 trillion dollar deficit increase over the next 10 years.

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steelmania75 Donating Member (836 posts) Send PM | Profile | Ignore Sat Aug-22-09 03:16 PM
Original message
Obama Admin. Projects 9 trillion dollar deficit increase over the next 10 years.
How do you think we should pay for all this?

Cut the defense budget drastically.

Legalize drugs.

Raise taxes on the rich to Pre-Reagan levels.

Bring in a single-payer healthcare system that'll save us hundreds of billions every year.

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muntrv Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-22-09 03:18 PM
Response to Original message
1. Pull out of Iraq and Afghanistan.
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-22-09 03:18 PM
Response to Original message
2. So its $6.5T to banks, $3T for wars, and $.5T for health care reform?
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bamacrat Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-22-09 03:21 PM
Response to Original message
3. All of the above.
Also why not a US lottery. States that have lotteries make tons off of them. Imagine a lottery where 300,000,000 people could participate.
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-22-09 03:23 PM
Response to Original message
4. That's slightly more than the 2 Bushes spent in better times..
In fact, one of the Bushes started with a huge surplus and still put us about $5 trillion more in debt.
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Kaleva Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-22-09 04:22 PM
Response to Original message
5. Raise tax rates to Eisenhower Admin. levels
Legalize and tax soft drugs.
Decriminalize hard drugs.
Update the Alternative Minimum Tax.
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steelmania75 Donating Member (836 posts) Send PM | Profile | Ignore Sat Aug-22-09 04:46 PM
Response to Reply #5
6. Bring back PAYGO...
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shraby Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-22-09 05:33 PM
Response to Original message
7. Part of that is the war "supplementals" covering from the
beginning of Afghanistan up until 2009 that was off budget when the new administration put it all into the budget. Now it's showing as a huge addition to the deficit.
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