Thursday, December 15, 2011

New York Times Budget Puzzle

Saved:
2015: $536 Billion
2020: $1,356 Billion
Percent from tax increases: 72%
Percent from spending cuts: 28%

       I first made the decision to cut smaller things and programs, but i could easily tell that the gap was not being bridged and it wouldn't be if it continued that way. So i had to cut a lot of bigger things that if i were an average citizen i would probably be upset to see cut. I think some things were easy, like putting a tax on carbon emissions, which i remember was actually a bill at some point in our government simulation. The difficult part of it was cutting things that i didn't completely understand or didn't want to see cut, for example i raised the age that citizens begin to receive social security, which i would be pretty upset with if i were near retirement age. I think it would be extremely difficult to try to compromise all of these things. Things that two people value, even two people in the same party can range drastically. I had a hard enough time trying to cut things myself without people demanding compromises or explanations for every decision. 

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