How to Cut the 2011 Federal Budget by 2/3 and Have a $1.3 Trillion Surplus


Friday February 11th, 2011   •   Posted by David Theroux at 12:41pm PST   •  

In conjunction with its Government Cost Calculator, the Independent Institute is proposing cutting the 2011 Fiscal Year budget for the federal government by $2.5 trillion from the updated $3.7 trillion in spending projected by the Congressional Budget Office in January. The result would reduce federal spending by 67.6% with a surplus for the year of $1.3 trillion. This proposal includes reduction options in entitlements, defense, farm subsidies, and many other areas but in no way represents the entire scope of what could be ultimately done to rein in federal spending and debt. Here below is a breakdown of how the reductions options could be made.

Please click on image to enlarge (pdf file):




Facebook Twitter Youtube RSS

Search


By linking to Amazon.com from this page, The Independent Institute earns referral fees of 4% to 15% from whatever you buy. Bookmark the above link and you can support the Institute when you do your normal shopping!

TIR

Categories

February 2011
S M T W T F S
 12345
6789101112
13141516171819
20212223242526
2728