There are others ways to cut the deficit. Perhaps if we just cut fundin by, say 20%. I would even support a 40% cut, just as long as we got to keep some of the program. Why has the "Selet Committee to Cut Wasteful Spending" not reported back with any recomendations yet?
First off I could hardly see how a 20%-40% cut could actually put a sufficiently large dent in the deficit as we need. As Gabu said we are $503 billion dollars in the red we need to not take baby steps and actually start cutting major amounts.
The only way to keep these welfare nets providing the same amount of services would be to A) Wait for the economy to return and in the meantime try and keep new spending to a minimum, B) Have major tax increases on either personal income or business income (or both), in which case Atlasian News Corp LTD. would then be based in Nassau, The Bahamas
, or C) Cut defence spending. I would rather not wait around aimlessly for the economy to return, with no actual evidence that an upturn in the economy will decrease the deficit, nor do I want to raise taxes or cut defence spending, especially during such a choatic time in world history. That is the reason why we need to cut large parts of our budget before and during the June overview of the budget.
In response to your last question myself and Sam have been unable to contact Nym for some time. We did not think it wise to only assemble the committee with only two of the three members. It has seemed to fall into disuse. I believe this committee could actually get something done if it had a different third member, definitely somebody very active.
