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Fixed Budget

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posted on Aug, 21 2016 @ 07:33 PM
Fixed budgets don't stop deficit spending. The two are not the same thing.

Based on expenses today, 3 things that get affected when you setup a fixed budget and assume little to no deficit spending:

Medicare and Health
Social Security and Unemployment

These 3 items account for about 76% of the total.

Hard decisions have to be made.

Military: Close overseas bases, remove "protective" systems from foreign soil, reduce the size of the military
Pros: less expense, less oversight, less involvement on foreign soil, Cons: huge number of soldiers trying to enter the work force.

Medicare and Health: reduce coverage, set limits for length of usage.

Social Security and Unemployment: reduce benefits, raise collection age, tighter restrictions for anyone wanting to claim the benefits under "false" pretense.

No one will want to make the hard decisions about Medicare, Social Security or Unemployment benefits.

edit on 21-8-2016 by wdkirk because: (no reason given)

posted on Aug, 21 2016 @ 07:48 PM
a reply to: greencmp

A fixed budget would never work without price controls.

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