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The problem with all of this is that the majority of spending is in three areas: 1. Health care services (About 33%) 2. Social Security and other transfer pay
by cameldrv 1y ago
The problem with all of this is that the majority of spending is in three areas:
1. Health care services (About 33%)
2. Social Security and other transfer payments (About 25%) (EITC, SNAP, housing subsidies, etc)
3. Defense (About 15%)
4. Interest on the debt (About 11%).
There's simply not all that much to cut from everything else. Each of those areas also has a giant constituency that will fight cuts.
If I had to give an area where you could probably cut the most, it would be health care, but that has proven to be a very thorny problem.