I solved the Federal budget deficit!

The New York Times has a cool graphic wherein you make a variety of choices in order to solve the Federal budget deficit. I did it and had a surplus left over, all without hurting the poor and middle class and the elderly.

Here’s what I did:

I eliminated earmarks and farm subsidies.

I made all of the suggested military reductions.

Yes on medical malpractice reform (you thought I’d choose otherwise?)

I reduced Social Security benefits for those with high incomes.

I returned the estate tax to Clinton-era levels.

I returned the investment tax to Clinton-era levels.

I allowed the Bush tax cuts to expire for those earning over $250K.

Yes to “payroll tax: Subject some incomes above $106,000 to tax” (and I probably have enough of a surplus to ease that one somewhat).

Yes to “Millionaire’s tax on income above $1 million ” and “Eliminate loopholes, but keep taxes slightly higher”

Yes to the carbon tax and bank tax.

Et voila, the poor, elderly, and middle class are mostly unscathed, and I have a budget surplus, albeit with a few toxic pills (higher taxes for banks, polluters, and the rich, oh noooooz!)

Try it and see how you do.



  1. Mary says:

    You know the corporations will never go for that. You’ll have to strip them of personhod first.

  2. Walnut says:

    When the Revolution comes, first thing we do is line up all the Corporations . . .

  3. jmc says:

    I did pretty much the same thing, and ended with a small surplus. I find the federal budget process to be both fascinating and ridiculous.

  4. Walnut says:

    Depressing. You forgot depressing. Like the way our congresscritters will continue to claim God will save us after the ice caps melt and my Bakersfield house becomes beachfront property.