Monday, July 05, 2010

Deficit Calculator

Charts depicting US federal debt (nominal and ...Image via Wikipedia
The Center for Economic and Policy Research has devised a calculator showing the effect on the federal deficit of a number of options, such as lowering parts of the defense budget or tinkering with Social Security. It's really quite illuminating. Surprisingly, we get the biggest cut by negotiating Medicare drug prices. The second largest cut is the obvious one of getting out of Iraq and Afghanistan.         
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