Balancing federal budget, eliminating deficit without cutting defense, Social Security, Medicare

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Balancing federal budget, eliminating deficit without cutting defense, Social Security, Medicare
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If you want to balance the budget without raising taxes or cutting defense, Social Security, and Medicare, you'd probably have to fire nearly every park ranger and cut 70% of anti-poverty spending

Republicans want to pare down the deficit, and it's something that Democrats seem to be open to, as well. Treasury Secretary Janet Yellen has said that the upcoming White House budget will have"substantial deficit reduction over the next decade," according to, and Democrats are willing to discuss cost-cutting measures with Republicans independent of the debt ceiling.

That"effectively means you're eliminating almost all of government other than the military and programs specifically for middle class seniors," Marc Goldwein, a senior policy director at CRFB, told Insider."It's just not realistic."in its visualization of CRFB's analysis, to close the gap between now and 2033 would require $16 trillion in spending cuts — the same size as all of Social Security, or all of Medicare plus every anti-poverty program.

"The idea we're just going to eliminate all parts of government other than Social Security, Medicare, and defense — it's just not realistic, or desirable," Goldwein said. floated a number of areas For example, Republicans on the House Budget Committee said last month that they are on board with cutting spending for environmental programs and federal student-debt relief plans, and some GOP lawmakers have reportedly been chatting with former President Donald Trump's budget official, who has beenblueprint

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