Can we ever hope to balance the budget of this country (USA) ?
How can we balance the budget and pay down the national debt and who would get hit the hardest with cuts? Please explain your answer and perhaps you will get my vote for president ?
I believe balancing the budget would be extremely difficult unless there is a drastic change in government spending - where they invest and how they monitor their investments.
There are quite a few countries in the world which are in debt, so it's not unusual for the United States to be in debt, especially with their massive spending. So long as there is such a large investment in the army and military, I believe there will always be a large and growing debt in the US. It's about a return on investment. If the country and it's leaders are prepared to invest, they need to invest somewhere with a positive return on investment - whether it be through foreign investment or within the US through roads and infrastructure.
Massive spending cuts may help, although deciding on different ways the money can be spent would be just as worth while as choosing to spend less. Investing or rather, spending in this case, towards something which is guaranteed to provide a positive return will result in balancing the budget and reducing the overall debt of the US economy. Investing money into banks which are already on the brink of collapse will only lead to wasted funds, especially while the bail out funds are being channeled elsewhere to upper management and executives.
The list of where the money can and should be invested is endless. At the end of the day, it's about where the funds are invested and not spending more than you can afford to pay back. There is a need for a radical change, a government who is prepared to take risks and who is willing to implement and stick with reform.
SENATOR COBURN has the answers and plan.In november changes must be made!
The Senator Coburn report '' WASTE IN GOVERNMENT'' http://coburn.senate.gov/public/index.c … 1ba7bc448a
WASTE IN GOVERNMENT ALL IN THE RED
‘’ Back In Black’’ The obama’s stash, do not touch
The government spent $1.6 billion to give cell phones and the COST OF THE SERVICE to poor people.Jobs would have been a better choice!
The budget can be balanced at any time. All it takes is the political will. You cannot spend your way to prosperity. Ron Paul has an excellent scheme for balancing the budget, that involves immediate spending cuts of one trillion dollars. You ask a good question. The answer depends on if someone will come along who will lead, rather than just try to get relected.
Well, let me see, if we fire half of congress and make the other half take a pay cut AND sell off the presidential motorcade, convert AF's One and Two into carnival rides at $200 a pop, fire the secret service and replace them with rent-a-cops from Macon GA, rent out the WH for weddings and parties at $500 grand a day and put the First Fam in Military housing in FT Richie MD. Pulling our Military troops back from all those illegal occupations would save a few hundred million too. Oh, and we need to STOP giving money to foreign countries under the guise of 'aid'. We know it's just bribe money. That would save quite a bit and maybe be instrumental in balancing the nation's budget. Just my two cents.
by American View6 years ago
OK I give up. Armageddon is coming. President makes threats, talks down to Americans, Dems plan has fake cuts and they refuse to look at Repubs offers, Repubs balking at Dems offers saying no raising the taxes. No...
by Susie Lehto2 years ago
It is time to limit Congress and there is a petition under way to do just that without Congress's consent. Washington doesn't want to stop over spending and balance the budget. They want to eliminate the...
by SparklingJewel6 years ago
...this guy is a truly non-partisan, clear thinking, fiscally responsible citizen of the United States of AmericaAugust 1, 2011ALEXANDRIA, Virginia - Today, 2012 Republican presidential candidate Ron Paul issued a...
by Josak5 years ago
Obama leads in that state by 24% according to recent polling. Why does the only state to have had Romney leadership reject him entirely at both state and federal levels?
by lady_love1586 years ago
http://www.speaker.gov/blog/?postid=240654We need to cut trillions not billions and unless we do we should not raise the debt ceiling! Obama is spending 4 trillion dollars a year even though historically revenues don't...
by JaxsonRaine5 years ago
Did we have a balanced budget under clinton?(forget who controlled congress)Did we have a surplus?
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