We need to go over the cliff to get the real cuts, that need to take place. CUT CUT CUT and CUT some more
Looks like both side of this board knows we need to CUT,CUT CUT and CUT some more. Lets start with a 15% cut across the board on everything it will hurt, but will recover with a 3% cut next year then a 3% each year after that, but for every dollars of fraud saving they can get up to there 3% back for that year. Most fraud in the GOV programs are 30-40%
Now, let's think about this for a minute. A 15% cut in government spending would cut government employees by about 15%, and by at least that amount at government vendors and suppliers. Also, those who provide food, clothing, home repairs, and other supplies and services for government employees, and private sector government suppliers, would have to cut back. The unemployment rate would probably double, and certainly reach double digit territory with all the ripple effects. With those 15% cuts, would you still have enough willing police and military members to control the riots in the streets?