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Tuesday, November 22, 2011

16 Easy Ways To Remove Budgety Deficit

InstPolicyStudies

16. The easiest cut: stop funding grants to foreign governments to buy U.S.-made weapons.
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15. We can cut the new nuclear bomber and tactical weapons in Europe for $2 billion per year.
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14. If we were to cut outsourcing to defense contractors by 15%, we could save $30 billion this year.
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13. By reducing inefficiencies in , then we can reduce its overall budget by $20 billion.
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12. Save $8 billion per year: Eliminate two air force wings that only address past threats:
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11. New missiles, submarines, and strike fighters are a waste of money: We can save $22 billion per year if we stop.
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10. We can vastly reduce our nuclear warhead arsenal to save $21 billion per year:
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9. To save $11 billion each year, we can eliminate our remaining operations in Iraq
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8. We can eliminate 1/3 of our military bases in Europe and Asia to save $10 billion each year.
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7. End the War in Afghanistan to save Americans $122 billion per year.
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We're sharing our prescriptions for the fiscal crisis to show the U.S. is not broke. Help us spread our data and use to discuss.
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6. Create a new tax bracket for those making more than $1 million per year.
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@
We are not accusing you of breaking any laws, . If you claim you don't use tax havens, tell us what you pay in fed taxes.
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5. Levy a progressive estate tax on the 1%: New $35 billion in revenue per year.
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4. The stock option loophole creates lavish CEO rewards. Close the loophole: Money for people, not CEOs.
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3. Stop tax haven abuse by corporations like and : $100 billion/year
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2. Apply a levy on biggest banks. supports it. Banks deserve it.
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1. The a.k.a. financial transactions tax: $150 billion/year of new revenues.
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The U.S. is . Our report highlights 24 fiscal reforms that could make a difference:
  

 

 




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