-
Welcome to Baptist Board, a friendly forum to discuss the Baptist Faith in a friendly surrounding.
Your voice is missing! You will need to register to get access to all the features that our community has to offer.
We hope to see you as a part of our community soon and God Bless!
Latest U.S. National Debt Amount
- Thread starter KenH
- Start date
atpollard
Well-Known Member
A balanced budget is easily within reach, we just need to either:
1. reduce Social Security, Medicare, Medicaid and Veterans benefits by 50%
or
2. reduce everything else (like Defense and Highway spending) to ZERO.
Then spending and revenue will balance.
So, who is volunteering to have their SS payments cut in half?
Who votes to eliminate the US Military, interstate Highway System and National Parks, instead?
Look up the numbers … 50% of mandatory spending or 100% of discretionary spending needs to be eliminated just to balance the budget to stop the GROWTH of the debt. We will need to tighten that belt harder if we want to actually pay down that debt.
1. reduce Social Security, Medicare, Medicaid and Veterans benefits by 50%
or
2. reduce everything else (like Defense and Highway spending) to ZERO.
Then spending and revenue will balance.
So, who is volunteering to have their SS payments cut in half?
Who votes to eliminate the US Military, interstate Highway System and National Parks, instead?
Look up the numbers … 50% of mandatory spending or 100% of discretionary spending needs to be eliminated just to balance the budget to stop the GROWTH of the debt. We will need to tighten that belt harder if we want to actually pay down that debt.
I will address the military (15 years active + 8 years State Guard)
Obviously, we cannot cut ACTUAL Defense spending!
First, lets see how much a GI Makes per month
____________PVT E-3 < 2 years ----------Sgt -E-6- 4 years-----Major/ LTCommander- 8 years
Basic pay--------$ 2,378 -------------------$ 3,741----------------------$ 8,128
Housing *_________1,563........................................1,581............................................2,427
Meals---------------460.25---------------------460.25........................................ 316.98
Clothing--------------50..............................................50......................................................-0-
Total---------------4,451.........................................5,832...........................................$10,872
In addition there are additional allowance for retention, combat pay, ect
Of the above - only basic pay is taxable - so that E-6 receives about $2,000 tax free (at least $200 savings)
Housing is bases on location of the base. For this example, I used Ft Hood, Tx.
As you can see - a GI gets a nice little pay check!
So what could be cut in the Armed Forces.
1) Child care Should single parents be permitted in the Army - I say NO!
2) Overseas - more overseas assignments should be one year - without dependents
In addition - DoD should not move dependents for a sponsors overseas tour
3) Uniforms - no more new uniforms over the past 20 years, the army has changed dress uniform twice.
4)
What would you add to the above list:
From the Heritage Foundation
From DODGE
From NPP
From Thomas Jefferson
Obviously, we cannot cut ACTUAL Defense spending!
First, lets see how much a GI Makes per month
____________PVT E-3 < 2 years ----------Sgt -E-6- 4 years-----Major/ LTCommander- 8 years
Basic pay--------$ 2,378 -------------------$ 3,741----------------------$ 8,128
Housing *_________1,563........................................1,581............................................2,427
Meals---------------460.25---------------------460.25........................................ 316.98
Clothing--------------50..............................................50......................................................-0-
Total---------------4,451.........................................5,832...........................................$10,872
In addition there are additional allowance for retention, combat pay, ect
Of the above - only basic pay is taxable - so that E-6 receives about $2,000 tax free (at least $200 savings)
Housing is bases on location of the base. For this example, I used Ft Hood, Tx.
As you can see - a GI gets a nice little pay check!
So what could be cut in the Armed Forces.
1) Child care Should single parents be permitted in the Army - I say NO!
2) Overseas - more overseas assignments should be one year - without dependents
In addition - DoD should not move dependents for a sponsors overseas tour
3) Uniforms - no more new uniforms over the past 20 years, the army has changed dress uniform twice.
4)
What would you add to the above list:
From the Heritage Foundation
From DODGE
From NPP
From Thomas Jefferson