Economic Policy

Discourse 2 – Balance the Budget

This is a short and sweet discourse.   One way we can reduce taxes is to cut spending.   Discourse #1 assumed no change to spending to balance the budget but reducing expenses is the other lever.   Rather than a lengthy discussion, we’ll use the outstanding efforts of the NY Times in showing how much cuts in different areas can reduce total expense.   Like the Tax Scenario calculator, you can make your own choices (and circulate your results to others) by going to the following site:

Once you come up with a spending plan you may want to go back and adjust your tax scenario to arrive at a balanced budget.

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