I balanced the budget.

Monday, November 15th, 2010 @ 9:08 pm | Deficit, Economy

Here’s my take: 69% tax increases, 31% spending cuts.

It’s kind of reassuring knowing that with some relatively modest tweaks the deficit situation is solvable. Of course, we live in a political environment where Republicans gleefully campaign promising explicit tax cuts and vague spending cuts, telling voters they can have something for nothing. My position is that most spending programs can be altered but are essentially popular and desired by the public, and thus should be paid for. It’s something for something, and it balances out, doesn’t it? Don’t believe me, go look for yourself.

-hw

UPDATE: This is a good look at the kind of things missing from the calculator.

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