Here's some possibilities I'm thinking about:
(1) Raise the debt ceiling, say to 21 trillion, and allow the growth of the economy to chip away at the deficit.
(2) Cut discretionary spending in half, roughly 1.5 trillion/2, with each agencies budget cut in half.
(3) Raise taxes by 5% of the economy, bring in about 800 billion a year. 10% if only on $125K and above incomes.
(4) Cut discretionary spending and raise taxes, say a half and half solution.
(5) Other solution. Have a bake sale. ;)
(1) Raise the debt ceiling, say to 21 trillion, and allow the growth of the economy to chip away at the deficit.
(2) Cut discretionary spending in half, roughly 1.5 trillion/2, with each agencies budget cut in half.
(3) Raise taxes by 5% of the economy, bring in about 800 billion a year. 10% if only on $125K and above incomes.
(4) Cut discretionary spending and raise taxes, say a half and half solution.
(5) Other solution. Have a bake sale. ;)
via JREF Forum http://forums.randi.org/showthread.php?t=266938&goto=newpost
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