2 ms·
> Or cutting spending. In the 2022 US federal budget, out of the $6.3T worth of total spending, $4.1T was mandatory: Social Security, Medicare, Medicaid, etc.
by throw0101c 3y ago
> Or cutting spending.
In the 2022 US federal budget, out of the $6.3T worth of total spending, $4.1T was mandatory: Social Security, Medicare, Medicaid, etc. $1.7T was discretionary (top item being DoD), and $0.5T interest payments. Revenues were $4.9T.
* https://en.wikipedia.org/wiki/United_States_federal_budget https://en.wikipedia.org/wiki/United_States_federal_budget
What do you want to cut in discretionary spending?
- HDThoreaun 3y agoMandatory spending is still at congress's will. They can absolutely cut that money in the next years budget.
- JumpCrisscross 3y ago> Mandatory spending is still at congress's will Unclear. If structured as a promise, it could be considered backed by the full faith and credit of the United States. That’s Constitutionally protected.
- sershe 3y agoDoes that cover full implementation of the program? Medicare and medicaid (that, to be clear, I'd abolish in a heartbeat with only a transition period for readjustment) could simply be legislated into an unusable state. E.g. slash provider payouts by an order of magnitude and see how many doctors still accept it - nearly as good abolishing it.