Of course, there is a problem, but the problem is not just the number. The government has gotten into the habit of projecting deficits and savings several years down the road. This is voodoo math at best and definitely poor planning.
I have said for years that the deficit does not bother me, because it is not like the mortgage on your home. It is tired to a lot of variable factors. Currently the world's economy is in a state of chaos. Everybody has spent more than they should and that includes us, the consuming public. Saving money is hard, spending is easy. So people have to buy the latest and greatest cell phone, they have to have the HDTV, they have to pay for their daughter's destination wedding, the buy houses they know they cannot afford with adjustable interest rates in a risky economy.
Definitely, the Congress needs to exercise more restraint and common sense. A lot of pork can be cut from the budget. Tax rates can be adjusted so that the rich pay a little more.
We need to quit inventing new ways of teaching children how to read and go back to the ways that worked for years. We have to realize that every child is not college material and therefore put more money into community colleges and technical schools and less into monuments, involvement in wars we cannot win while refusing to take advantage of the energy resources that are available and not spin our wheels on trying to develop new sources of fuel.
Finally, the federal budget is so huge and complex, it is almost impossible to go through it line by line and to see which agency is buying 100 new computers each year, or giving all of their employee cell phones, etc.
It is time that perhaps one of the think thanks do a little less thinking, and really dig into the budget to see where the money is really going.
There is an old movie called Dave (not that old really) where a presidential impersonator ends up running the country and he brings in his own accountant to find the waste and fat in the budget. We need to use that same approach.
Instead of trying to short-change doctors on medicare reimbursements, we should perhaps decide if every rule that comes down from EPA or OSHA are really needed or just a case of overkill.