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Defence spending 2018 is $700 billion, which happens to be almost exactly the deficit for that year ($780 billion). Cut defence spending to the level of other
by IfOnlyYouKnew 7y ago
Defence spending 2018 is $700 billion, which happens to be almost exactly the deficit for that year ($780 billion).
Cut defence spending to the level of other western countries (i. e. about half), reverse the tax cuts for corporations and you're back to a balanced budget.
The debt of $22 trillion is still there, but inflation and economic growth cut it in half in about a decade in real terms.