The Problem: The United States has an unsustainable budget deficit. (A budget deficit means that we are spending more money than we have.)
The Solution (fairly obvious, as I see it): A slight raise of taxes on the rich and super rich and big cuts to military funding.
What Is Actually Happening: No tax increases. No significant cuts to defense. Only cuts to domestic spending. (This includes a proposal by the House of Representatives to cut $747 million in food aid for poor pregnant women and women with children up to the age of 5.)
Facts and Questions to Consider: Approximately 10% of the people in the U.S. posses 80% of the nation’s wealth. Why not tax the rich and super rich, even just a bit?
Currently military spending constitutes $700 billion. That sounds quite excessive, even if we had the money for it. Instead of raising taxes or cutting military spending, the President and Congress are focusing exclusively on budget cuts that will target the needy, the environment, and other domestic spending.