What can be done about our national deficit?

Question

Such a deficit will no doubt be detrimental to our children'ts future, and many countries are losing faith in America to do something about the money we owe. Yet, it seems like both Democrats and Republicans aren't concerned enough to do anything about it. I know that combating terrorism and funding programs to keep America running are important, but at the same time, we need to make a concerted effort to reduce our deficit. So what really can we do, and does it seem like it's enough of a priority to our nation?

Answer 1

I was watching a program about a group called blue dogs in Congress. The house put forth a statue that requires all bills passed need to say how it will be funded not by deficit spending. It was originally started under Bush Sr and followed by Clinton that is how were ended up with a surplus at Bush Jrs election. The repub Congress did not extend it's requirement when the mandate expired. It passed today with only 1 vote against. The additional debt we have acquired could have fixed social security and paid for the war in Iraq. It is a start.

Answer 2

those with instantly ahead experience and a understanding of historic previous has suggested this all alongside. I merely love the way those college boys imagine. merely because some fool wrote it in a e book and suggested this may artwork, do not recommend this is going to. even as guy ultimately created a gadget that could want to fly, the engineers reported that for a area it must have a wingspan of two times that of the length of the body. human beings believed it for years till some previous farm boy requested how come a bumble bee might want to fly, because this is wing span change into lower than two times it body length. The engineers spent various years reading bumble bees. contained in the '30's F.D.R. tried this same frame of mind that Obama is utilizing, except he created jobs instead of taking on the countries production. It did not help a lot, yet merely earlier WWII began we began a mild climb out of the hollow. If the warfare hadn't come alongside we'd want to have had perhaps yet another 5 to 10 years of melancholy. The melancholy of 1920 change into stopped lifeless in this is tracks by reducing authorities spending in 0.5, yet you in no way listen about that melancholy and that i'll wager someone will say there wasn't one.

Answer 3

The national deficit is like any budget. You have to spend less than you earn. You can cut spending or raise taxes. There are probably more complicated ways to generate revenue, but those are the usual ones.

Answer 4

turn cheney upside down and shake.....all the money is in his pocket next to the nitro

Answer 5

end the war on drugs

Answer 6

Pay it off