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by jlmorton
392 days ago
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Because the major categories are very hard to cut: Social Security: 22%
Interest on the Debt: 14%
Medicaid: 14%
Medicare: 14%
National Defense: 13% That's 77% of the budget in those categories. Everything else is 23%. The Federal deficit is ~25% of receipts. You could cut each and every function of the government other than the above and still be left with a deficit. And there isn't a lot of room to cut everything else, as they've already been squeezed for decades. |
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