Balanced Budgets

Balanced Budgets

BULLET POINTS

  • Tax goes directly where budget says. No shutdowns, streamlined accounting.
  • Requires a balanced budget, AAA credit rating, and an annual foreign trade surplus.
  • National budget annual TOTALS today: interest on our debt: 22%; Medicare and Medicaid 31% (half in the last months of life); Social Security 27%; military and veterans costs 13%; schools: 2%; infrastructure: 2%; environment: 1%; government: 1%.
  • Citizens vote to (dis)approve our general percentage budget outlays every 12 years.