Currently The US Federal Government is over $15,000,000,000,000.00 in debt. Out of every dollar the Fed is currently spending, 58 cents comes from tax revenues and 42 cents is borrowed. Simply cutting "a billion here and a billion there" will not bring us closer to balacing the budget. Massive cuts in the hundreds of billions or massive tax increaces accross the board, or a combination of both will be needed to remedy our debt situation.
This poll was created on 2012-03-22 17:14:50
by Mr. Liam