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News: Atlas Hardware Upgrade complete October 13, 2013.

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| |-+  Economics (Moderator: ag)
| | |-+  Create Your Own Federal Budget!
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Author Topic: Create Your Own Federal Budget!  (Read 4018 times)
Sasquatch
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« Reply #25 on: August 13, 2010, 11:28:20 pm »
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I ended the Bush tax cuts, eliminated all pork spending, slashed the military, and wouldn't you know it...crisis solved.

Perhaps folks in DC should play this.
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Warner for Senate '14
benconstine
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« Reply #26 on: August 13, 2010, 11:40:07 pm »
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Budget Totals
Old budget was $3748.1268 billion
($2673 billion in spending, $1075.1268 billion in tax expenditures and cuts).

New budget is $3587.38 billion
($2813.09 billion in spending, $774.29 billion in tax expenditures and cuts).
You have cut the deficit by $160.75 billion.
Your new deficit is $240.25 billion.

Spending
$452.84 billion: Military Spending
$113.91 billion: Iraq and Afghanistan Operations
$131 billion: Military Retirement
$40.54 billion: International affairs
$18.59 billion: Science, Space and Technology
$29.99 billion: Natural Resources and Environment
$26.45 billion: Agriculture
$5.73 billion: Commerce and Housing Loan Programs
$76.67 billion: Transportation
$20.19 billion: Community & regional development
$78.47 billion: Education
$47.12 billion: Training, labor and unemployment
$275.2 billion: Non-Medicare Health
$398.36 billion: Medicare
$78.74 billion: Civilian Retirement (Social Security excluded)
$212.65 billion: Aid to Low-Income Families
$25.91 billion: General Family Support
$553.86 billion: Social security
$41.07 billion: Administration of justice
$16.48 billion: General government administration
$211.08 billion: Net interest

Tax Expenditures and Tax Cuts
$43.6 billion: 2001 and 2003 Tax Cuts
$19.79 billion: Corporate Tax Breaks
$78.33 billion: Personal Business & Investment Benefits
$180.39 billion: Pension & Retirement Deductions
$153.13 billion: Health Insurance Tax Benefits
$148.03 billion: Housing tax benefits
$151.02 billion: Other individual deductions and exemptions
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Obama High's debate team:

"Now let me be clear...I...I...um...uh...now let me be clear.  I strongly condemn the affirmative in the strongest possible terms, and I am closely monitoring their arguments.  Let me be clear on this."
Gustaf
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« Reply #27 on: August 14, 2010, 12:19:25 pm »
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I ended the Bush tax cuts, eliminated all pork spending, slashed the military, and wouldn't you know it...crisis solved.

Perhaps folks in DC should play this.

Fun, but I will have to do it again, now that I'm beginning to get it. I was surprised at how simple it was to get rid of the deficit economically speaking - I just eliminated pork, cut discretionary spending, cut defence and repealed the Bush tax cuts and voila! no more deficit.
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This place really has become a cesspool of degenerate whores...

Economic score: +0.9
Social score: -2.61

In MN for fantasy stuff, member of the most recently dissolved centrist party.
Mint
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« Reply #28 on: August 19, 2010, 10:51:33 am »
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Playing Budget Hero, it's pretty obvious that all of our fiscal problems are useless moderate heroism. Any reasonable choices results in the national debt decreasing by trillions of dollars over the next decade. Of course, given the epic fail of American politics, you can always count on the reasonable choices to not be chosen.

Yeah when I saw that cutting the military by 10% was the most 'extreme' option you could go with I laughed.
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Vepres
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« Reply #29 on: August 19, 2010, 11:22:27 pm »
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Budget Totals
Old budget was $3748.1268 billion
($2673 billion in spending, $1075.1268 billion in tax expenditures and cuts).

New budget is $2196.79 billion
($1803.32 billion in spending, $393.47 billion in tax expenditures and cuts).
You have cut the deficit by $1551.34 billion.
Your new deficit is $-1150.33 billion.

Basically, I cut everything except R&D, environmental stuff, and educational stuff. I let the Bush tax cuts expire and eliminated most tax credits. I'm draconian Tongue
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LOL, Failure

Alright, if Republicans gain less than 75 seats, I'll prominently display my failure in my signature.
k-onmmunist
Winston Disraeli
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« Reply #30 on: August 20, 2010, 02:09:21 pm »
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Budget Totals
Old budget was $3747.36 billion
($2672.527 billion in spending, $1074.833 billion in tax expenditures and cuts).
New budget is $3726.41 billion
($3157.24 billion in spending, $569.17 billion in tax expenditures and cuts).

You have cut the deficit by $20.95 billion.
Your new deficit is $380.05 billion.

Eliminated the tax cuts, hiked economic spending, cut the military.
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Teddy (IDS Legislator)
nickjbor
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« Reply #31 on: August 20, 2010, 02:20:58 pm »
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from link #1:

Budget Totals

Old budget was $3748.1268 billion
($2673 billion in spending, $1075.1268 billion in tax expenditures and cuts).
New budget is $2994.73 billion
($2315.85 billion in spending, $678.88 billion in tax expenditures and cuts).


You have cut the deficit by $753.4 billion.

Your new deficit is $-352.39 billion.

Not as big of a surplus as I'd like, but, I'll take it.
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TEDDY - ARKANSAS - IDS - Liberal Whip



Note to self: use brain more.
R2D2
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« Reply #32 on: May 05, 2012, 11:04:39 pm »
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Hate to bump a 2 year old thread but this is so rad.
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Redalgo
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« Reply #33 on: May 06, 2012, 12:40:49 am »
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Following the first link in the OP, my initial adjustments without reshaping institutions would be:



Military Spending ($255.72 billion: cut $190.38 billion)
Iraq and Afghanistan Operations ($36.98 billion: cut $74.86 billion)
Military Retirement ($138.58 billion: increased $23.1 billion)
International affairs ($39.84 billion: increased $8.25 billion)
General science, space, and technology ($47.94 billion: increased $23.97 billion)
Non-Defense Energy Spending ($2.33 billion)
Natural resources and environment ($46.85 billion: increased $15.69 billion)
Agriculture ($28.16 billion: increased $2.14 billion)
Commerce and Housing Loan Programs ($7.04 billion)
Transportation ($75.3 billion: increased $4.63 billion)
Community and regional development ($24.77 billion: increased $5.67 billion)
Education ($67.49 billion: increased $3.42 billion)
Training, labor and unemployment ($49.18 billion: increased $1.37 billion)
Non-Medicare Health Spending ($385.46 billion: increased $132.14 billion)
Medicare ($518.62 billion: increased $172.87 billion)
Civilian Retirement (Social Security excluded) ($78.74 billion: increased $6.71 billion)
Aid to Low-Income Families ($332.39 billion: increased $125.62 billion)
General Family Support ($25.62 billion)
Social security ($726.35 billion: increased $181.53 billion)
Administration of justice ($45.21 billion: increased $2.11 billion)
General government administration ($18.92 billion: increased $1.17 billion)
Net Interest Long ($211.08 billion)
Undistributed offsetting receipts and allowance ($-43.99 billion)



2001 and 2003 Tax Cuts ($0 billion: cut $294.88 billion)
Corporate Tax Breaks ($49.46 billion: cut $10.89 billion)
Personal Business & Investment Benefits ($56.33 billion: cut $30.37 billion)
Pension & Retirement Deductions ($188.24 billion: increased $19.77 billion)
Health Insurance Tax Benefits ($15.3 billion: cut $125.68 billion)
Housing tax benefits ($163.71 billion)
Other individual deductions and exemptions ($159.99 billion)



Old budget was $3748.1268 billion
New budget is $3751.61 billion
You have increased the deficit by $3.47 billion.
Your new deficit is $404.47 billion.



I was very surprised when there were no options available for raising the marginal income tax rate, social security tax, or tinker with the retirement age; without being able to do so I cannot really gauge to what extent I would manage (or fail) to balance the budget. That aside though, I find it almost hilarious that my deep cuts in some areas and boosts in others ended up being a wash. xD

Edit: Sifting through all the other links was somewhat disappointing. None of these sims afford me the flexibility to make major changes to both spending and revenue sources. The third link on the OP won't let me go past the "start" button after the intro, incidentally, so I can't check that one out.
« Last Edit: May 06, 2012, 01:13:55 am by Redalgo »Logged

"I have cherished the ideal of a democratic and free society in which all persons live together in harmony with equal opportunities. It is an ideal which I hope to live for and to see realized." ~ Nelson Mandela
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Winston Disraeli
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« Reply #34 on: May 06, 2012, 07:43:21 am »
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Old budget was $3747.36 billion
($2672.527 billion in spending, $1074.833 billion in tax expenditures and cuts).

New budget is $3331.92 billion
($2698.76 billion in spending, $633.16 billion in tax expenditures and cuts).
You have cut the deficit by $415.44 billion.
Your new deficit is $-14.43 billion.
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