Post #3033 by Dope1 on the US Policy board

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If you're serious about the budget, that means that both tax increases for families earning less than $400K and changes to military and SS/Medicare spending have to be on the table. That's how we know neither party is serious about the budget.

A-yup.
There's lots of pain to be felt by a lot of people.
One simple adjustment is to return to the historical level of government spending equal to ~20% of US GDP. Right now we're at 25%:
https://fiscaldata.treasury.gov/americas-finance-g...

During COVID it got as high as 30%.

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