Great, now can you find another trillion to cut?
Via Google alerts, comes this innocent attempt to balance the budget…the 2008 budget that is. The author demonstrates just how difficult it is if you don’t wish to raise taxes or shut down entire departments (or, in the case of the Obama administration sign any legislation that encourages people to do business). In the author’s scenario, he had to cut big chunks out of defense, social security and Medicare. Fair enough, I suppose. In the end, he’s able to find the $459 billion needed to balance that budget. So, where can we find the extra trillion we need to cut for the 2009 deficit? Its a bit like writing an article about how I could have saved money on dinner last night while ignoring the fact that I then came home and ordered a 50″ LCD on the credit card.