Interest in just the debt each year as it stands now is 735 billion a year. The total revenue for 2021 is 4,046 trillion dollars. This 735 billion a little less than 20 percent of the total revenue. Without paying a nickel on defense, social security, and welfare, we have given the power to intellectual idiots that hate America. In the early 80s, one interest payment today would’ve made America debt-free. We do not have politicians controlling our country; we have criminals.
I figured removing all the business subsidies,100 billion, earned income, $70 billion, child tax credits, $70 billion, stopping refundable child tax credits, $79 billion, and significant industries subsidies, I am guessing the figure of $300 billion (i will update they make it hard to get). Foreign aid of $70 billion, a tax of 4 % on 23 trillion dollars of GDP $920 billion, cut expenditures across the board 10% 681 billion. The saving would equal the deficit almost, a balanced budget, and at least a positive sign to save America. There are no easy fixes. This may take a few years to put in full force.
I put this together in a couple of hours; mistakes, I am sure of, but we need to start finding answers; none of my numbers and others, will remove the incredible 20% of interest payments we have to pay for years and years and years of 735 billion dollars, that pays not a cent on the principal per year, as it stands, at this moment in time, without more useless deficit spending. Save America; get mad at the criminal politicians running our “Nation.”
If these criminal politicians’ main goal is to destroy America, they are on the right track. We, as citizens, are the nation’s only hope and must stand and take control from intellectual politicians- that have no idea of where they’re going, except making the country go broke. Common sense may not equal dollars but it does equal honor and truth.