canceled.2021.1
#AMERICAISDEAD
He says he is going to balance the budget by cutting defense and raising taxes on the rich by $1 trillion.
Well let's look at it, the tax increase comes to $100 billion a year
The defense budget for 2012 is $671 billion.
http://voices.washingtonpost.com/44/2011/02/budget-2012-defense-department.html
This years budget deficit will be $1.4 trilion
Since we know even OWEdummy won't try to cut the entire defense budget, let's be ultra generous and say he will cut it by $300 billion (almost in half).
$300 billion + $100 billion = $400 billion
$1.4 trillion - $400 billion = $1 trillion
So what else will OWEdummy cut? Will he raise more taxes? Will he say?
Inquiring minds want to know
Well let's look at it, the tax increase comes to $100 billion a year
The defense budget for 2012 is $671 billion.
http://voices.washingtonpost.com/44/2011/02/budget-2012-defense-department.html
This years budget deficit will be $1.4 trilion
Since we know even OWEdummy won't try to cut the entire defense budget, let's be ultra generous and say he will cut it by $300 billion (almost in half).
$300 billion + $100 billion = $400 billion
$1.4 trillion - $400 billion = $1 trillion
So what else will OWEdummy cut? Will he raise more taxes? Will he say?
Inquiring minds want to know