posted on Dec, 14 2007 @ 10:45 AM
Increase Federal Income Taxes by 69
Increase Payroll Taxes by 95
Cut Federal Purchases by 106
Cut Social Security and Medicare by 45
Source
Alternate Source
All of this just to keep afloat a program that was never meant to last longer than a decade or so.
This is a government report, commissioned by the fed then buried by the fed. It's not going to go away. From every "front runner" candidate all I
hear are plans to spend even more from defense to universal health care.
So how's that going to work if even after doubling taxes we have to cut current programs/spending more than in half and some altogether?