How to actually balance the Federal Budget and Keep it that way

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I see a lot of liberals who never gave a shit about balanced budgets and deficits now opine that, even though they didn't care for 8 years of Obamunism, now they really care, here is the ONLY solution that will get you there.

It won't happen by raising taxes. We do not have a Revenue problem, it is called a SPENDING problem.

The REAL solutions to a Federal Government that has outgrown it's constitutional limitations and spends trillions of taxpayer money it doesn't have:

(1) Eliminate the entire abomination called the Federal Tax Code. It is nothing more than a political document that empowers the people we send to Congress. Supplant it with the FAIR consumption TAX.

(2) Significantly reduce the massive Internal Revenue Service. They would probably only need a third of the staff once the FAIR TAX is implemented.

(3) Term limits on the House and the Senate. SIX terms for the House, and TWO terms for the Senate. Once served, they can no longer be a Congress person.

(4) Abolish the following departments because they are not in the Constitutional purview of the Federal Government: Agriculture - it's a State issue; Labor - it's a State issue; Health and Human Services - it's a State issue; Housing and Urban Development - it's a State issue; Education - it's a State issue.

This is the ONLY way you will get our Federal house in order. Anything less is mere window dressing that will do NOTHING to reduce the power of the checkbook. As long as we have self-serving professional politicians in Congress with the power of the purse to buy votes, you will have a severe spending problem.

 

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How can I say it is not a revenue problem? See below:

Since the Kennedy tax cuts, the Reagan tax cuts, the Clinton Tax cuts and the Bush tax cuts, revenues have risen by (1965 = 116.8 billion; 2017 = 3,316.2 billion) 2,839%.

Spending during the same time period has risen by 3,369%. I would submit that if spending is rising faster than revenue, SPENDING is the problem and NOT revenues.

It is not a tax cut problem:

The United States Revenue Act of 1964 signed into law on February 26, 1964. Revenue in 1964 was 112.6 Billion. Revenue in 1965 was 116.8 billion. 116.8 is greater than 112.6. In 1966 it was 130.8 billion. 130.8 is greater than 116.8. By 1969 revenues had increased to 186.9 billion. That is an increase of 166%. The tax reductions did NOT result in lower revenue.

The Economic Recovery Tax Act of 1981 was signed into law August 13, 1981. Revenue in 1981 was 599.3 billion. Revenue in 1982 was 617.8 billion. 617.8 is greater than 599.3.
By 1985 revenues had increased to 734 billion. That is an increase of 122.5%. The tax reductions did NOT result in lower revenue.

Tax Reform Act of 1986 (TRA) was signed into law on October 22, 1986. Revenue that year was 769.2 billion. Revenue in 1987 was 854.3 billion. 854.3 is greater than 769.2. In 1988 it was 909.2 billion. 909.2 is greater than 769.2. By 1990 revenue had grown to 1,032 billion. That is an increase of 134%. The tax reductions did NOT result in lower revenue.

The Taxpayer Relief Act of 1997 was enacted August 5, 1997. Revenue that year was 1,579.2 billion. Revenue in 1998 was 1,721.7 billion. 1,721.7 is greater than 1,579.2. In 1999 revenue was 1,827.5 billion. 1,827.5 is greater than 1,721.7. By 2000 revenue had grown to 2,025.2 billion. That is an increase of 128%. The tax reductions did NOT result in lower revenue.

The Economic Growth and Tax Relief Reconciliation Act of 2001 was signed into law 7 June 2001. Revenue that year was 1,991.1 billion.
The Jobs and Growth Tax Relief Reconciliation Act of 2003 was signed into law May 28, 2003. Revenue that year was 1,782.3 billion. Revenue in 2004 was 1,880.1 billion. Revenue in 2005 was 2,153.6 billion. 2,153.6 is greater than 1,991.1. Revenue by 2007 had grown to 2,568.0 billion. 2,568.0 is greater than 1,991.1. That is an increase of 129%. The tax reductions did NOT result in lower revenue.

 

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