How would you Balance the Budget and Pay off the Debt?

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Annual Tax Revenue is $3.643T, debt is $22.3T. You have to pay off the debt in 10 years. That leaves you with an operating Federal Budget of $1.413T. Current spending is $4.407T. What to you cut to get to that number? If you want to raise taxes, you only get an extra 200 Billion for this scenario.

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Not realistic and I'm a conservative. No way could you fix generations of fiscal irresponsibility in 10 years. A more realistic timeline would be 20 - 25 years and that's pushing it.

Paying off the debt in ten years is probably not even possible but to answer your last question, once the debt was paid I would definitely not raise taxes nor add programs. That's pretty much what got us in all the debt to start with.

Liberals will never acknowledge it but when you raise taxes revenues drop.

Bring the military home and reduce DOD spending on global surveillance.

Stop foreign aid.

Cut programs that aren’t necessary.

Cut departments that aren’t necessary.

After debt is paid off, cut taxes and pass balanced budget amendment.

I would start with a hiring freeze and cut every department's budget by 15%

Cut military by 1/4
End war on drugs
Cut all other budgets by 10%
Implement what Rand Paul calls “bonuses for cost cutters act”-which would incentivize govt workers to find ways to save
Implement national policy of growing gardens in common grounds of municipalities
End Dept of Education
End IRS
Implement flat tax

What do I win?

9 posts in and not a single mention of SS and Medicare.

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Firs step of any rational plan should be stopping every cent of foreign aid. The fact that we send millions/billions of dollars to other countries is lunacy.

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Lunacy — Yes.
Significant effect on the deficit —Nope

Start with seizing ALL assets of the DemProgFilthShitLibs. If they espouse socialism/communism and taxing the rich, then force their hands by taking everything they've got and putting them into public housing.

Build on that by reinvesting their wealth and cutting Fed Gov by 2/3. Cut Congressional pay and benefits by 90% and there will be little need for term limits. Eliminate insider trading allowances to Congress also and hold them accountable under the same rules/regs/laws as ordinary citizens.

That's enough for year 1.

Cutting welfare is the only way to cut into the debt. It represents a huge chunk of our deficit, but it will never happen. The government will totally collapse before welfare is cut.

If the answer doesn’t include fixing entitlements, then it isn’t an answer