Messing around with the federal budget

[Ben Kenobi]

New budget is $2903.96 billion
($1872.86 billion in spending, $1031.1 billion in tax expenditures and cuts).

You have cut the deficit by $347.53 billion.
Your new deficit is $9.47 billion.

Cut most defense spending, doubled funding for child tax, and charitable donations, among other things.

[Sava]

Kenobi: Just curious, what did you do about corporate welfare and tax cuts to the rich?

[Arrian]

Old budget was $3251.488 billion
($2264.172 billion in spending, $987.316 billion in tax expenditures and cuts).
New budget is $3028.03 billion
($2227.82 billion in spending, $800.21 billion in tax expenditures and cuts).

You have cut the deficit by $223.46 billion.
Your new deficit is $133.54 billion.

Hmm. Close, but not quite enough...

[Arrian]

Hmm, still coming in almost $100 billion in the red.

Probably best to cut in stages anyway.

-Arrian

[Ben Kenobi]

Kenobi: Just curious, what did you do about corporate welfare and tax cuts to the rich?

Cut 'corporate welfare' some, but I left the tax cuts.

Let those with money give freely to those without.

[Verto]

Old budget was $3251.488 billion

New budget is $3092.99 billion

You have cut the deficit by $158.5 billion.
Your new deficit is $198.5 billion.

Military Spending ($356.22 billion: cut $43.45 billion)
Iraq War ($50 billion) No Change
Veterans and Military Retirement ($96.98 billion) No Change
International affairs ($18.47 billion: cut $5.31 billion)
General science, space, and technology ($24.91 billion: increased $1.44 billion)
Non-Defense Energy Spending ($0.94 billion) No Change
Natural resources and environment ($30.4 billion) No Change
Agriculture ($19.03 billion: cut $2.1 billion)
Commerce and housing credit ($8.7 billion) No Change
Transportation ($65.27 billion: increased $1.44 billion) - Mass Transit
Community and regional development ($13.6 billion) No Change
Education, training, employment, and social services ($78.22 billion: cut $3.57 billion)
Non-Medicare Health Spending ($245.2 billion) No Change
Medicare ($258.64 billion) No Change
Non-SS Retirement and Unemployment ($96.85 billion No Change
Social Welfare Spending ($182.51 billion) No Change
Social security ($457.02 billion: cut $41.81 billion)
Administration of justice ($38.75 billion) No Change
General government administration ($19.25 billion) No Change
Net interest ($166.62 billion: increased $3.91 billion)
Undistributed offsetting receipts ($-53.64 billion)
Tax Expenditures and 2001 Tax Cut ($919.05 billion: cut $68.26 billion)
Corporate Tax Breaks ($62.49 billion: cut $6.92 billion)
Personal Business & Investment Benefits ($136.61 billion) No Change
Pension & Retirement Deductions ($155.7 billion) No Change
Employer-paid Health Insurance ($120.16 billion) No Change

[Whoha]

Couple of things:
Sava: first off the budget is still raiding from the SS trust fund(you need to cut about 100B more for that to stop), I'm kinda suprised that these guys play those number games, though maybe thats in there somewhere.

Second, while I agree whole heartedly with your protectionist policies, what will you do when the countries whom you are going to close our markets to dump their dollars and debt(over a trillion dollars I think at this point) in retaliation? Something to think about.


And a more general one, I find it amazing that I cut the most out of tax cuts&expenditures, really out of character for me. Ah well, not a friend of MNC tax breaks here.

[Gatekeeper]

Interesting. Is there a way to modify the script so it takes into account the whining of senators, representatives and special interests?

"You have cut the deficit by $436.88 billion. Your new deficit would have been $-79.87 billion, but Senator Tom Public, R-XX and Sen. Jane Public, D-XX, along with their special interest buddies and House support, added in a $400 billion drug prescription entitlement program for seniors, so you now have a deficit of more than $300 billion."

Gatekeeper

[Whoha]

if you can dl the script and know perl, modify it to your heart's content :P

[Sava]

Originally posted by Whoha
Couple of things:
Sava: first off the budget is still raiding from the SS trust fund(you need to cut about 100B more for that to stop), I'm kinda suprised that these guys play those number games, though maybe thats in there somewhere.

there are also other factors not included in this thing... it's just for fun.

Second, while I agree whole heartedly with your protectionist policies, what will you do when the countries whom you are going to close our markets to dump their dollars and debt(over a trillion dollars I think at this point) in retaliation? Something to think about.

I don't really care about multi-nationals and the business they might lose... I want to rebuild American industry... that starts with building a strong American consumer base. So called "protectionist" policies are better for societies. Look at what the free-market policies have done to Latin and South America. I'm not saying I'd put huge tariffs on imports... quite frankly, because I'm pragmatic, I'd shape my policy to get the results I seek. If giving massive welfare to corporations and "freeing markets" built wealth for the vast majority of Americans, I'd do that. But it has been a proven failure for my goals.

In addition, my federal budget would be significantly smaller than the budgets we have today. Yes, I would support universal health care and better education programs, but that doesn't mean MORE money necessarily. It means cutting the fat. It's kind of funny when one looks at the rise in health care costs in America, they parallel the rise in corporate profits.

I'm not taking the position that all profit is bad... there needs to be incentive. But the massive corporate excesses we have today are a terrible detriment to the efficiency of our health care system. There needs to be balance.

to echo my sig line... laissez faire capitalism is as flawed and foolish an ideology as communism. Complete control cannot be trusted to the state, nor private interest. And because I'm a firm believer in Jeffersonian Democracy, government's ability to provide for the public welfare should not be usurped by private interest.

The ideals of government providing for the public welfare are in the preamble of the Constitution. It is part of the structure of our government. Laissez faire capitalism and free market ideals aren't.

In addition, I also believe that business (in general) functions better when small and independent franchises compete. The very nature of laissez faire capitalism are in conflict with the ideals of competition. Look at the development of any industry. The strong eat the weak until there is one (or a few... forming a cartel) left alive to control the industry.

Capitalism is a game... it needs rules. And the government is the referee keeping things fair.

[Sava]

Originally posted by Gatekeeper
Interesting. Is there a way to modify the script so it takes into account the whining of senators, representatives and special interests?

"You have cut the deficit by $436.88 billion. Your new deficit would have been $-79.87 billion, but Senator Tom Public, R-XX and Sen. Jane Public, D-XX, along with their special interest buddies and House support, added in a $400 billion drug prescription entitlement program for seniors, so you now have a deficit of more than $300 billion."

Gatekeeper

it should read: "Tom Public R-XX and Jane Public D-XX have given a corporate welfare giveaway to insurance and pharmaceutical companies...

[Jon Miller]

Old budget was $3251.488 billion
($2264.172 billion in spending, $987.316 billion in tax expenditures and cuts).

New budget is $3323.77 billion
($2542.5 billion in spending, $781.27 billion in tax expenditures and cuts).
You have increased the deficit by $72.27 billion.
Your new deficit is $429.27 billion.

I want to raise taxes to fix up the rest

and I am not really sure what everything does, need to maybe change a few things

Jon Miller

[Jon Miller]

Spending ($2542.5 billion: increased $278.33 billion)

Military Spending ($504.14 billion: increased $104.46 billion)
$128.64 billion .... Military personnel
Increased $29.68 bil. from base of $98.956 bil.( 30%)
$146.56 billion .... Operation and maintenance
Increased $13.32 bil. from base of $133.235 bil.( 10%)
$59.52 billion ..... Procurement
Cut $14.87 bil. from base of $74.396 bil.(-20%)
$123.65 billion .... Research, development, test and evaluation
Increased $61.82 bil. from base of $61.827 bil.( 100%)
$8.98 billion ...... Military Construction, Family Housing and Other
Cut $2.23 bil. from base of $11.221 bil.(-20%)
$34.59 billion ..... Atomic Energy Defense Activities
Increased $17.29 bil. from base of $17.296 bil.( 100%)
$2.2 billion ....... Defense Related activities
Cut $0.54 bil. from base of $2.752 bil.(-20%)

Iraq War ($40 billion: cut $9.99 billion)
$40 billion ........ Iraq War
Cut $9.99 bil. from base of $50.0 bil.(-20%)

Veterans and Military Retirement ($103.38 billion: increased $6.39 billion)
$38.97 billion ..... Military retirement pensions
Increased $3.54 bil. from base of $35.431 bil.( 10%)
$31.67 billion ..... Pensions & Income security for veterans (No Change)
$2.62 billion ...... Veterans education, training, and rehabilitation
Increased $0.24 bil. from base of $2.381 bil.( 10%)
$28.85 billion ..... Hospital and medical care for veterans
Increased $2.62 bil. from base of $26.228 bil.( 10%)
$1.27 billion ...... Housing and other veterans benefits and services (No Change)

International affairs ($18.57 billion: cut $5.21 billion)
$5.54 billion ...... International development aid and financial programs
Cut $2.37 bil. from base of $7.920 bil.(-30%)
$4.4 billion ....... International military aid
Cut $2.92 bil. from base of $7.334 bil.(-40%)
$7.54 billion ...... Conduct of Foreign Affairs (No Change)
$1.09 billion ...... Foreign information and exchange activities
Increased $0.1 bil. from base of $.993 bil.( 10%)

General science, space, and technology ($45.16 billion: increased $21.69 billion)
$10.83 billion ..... National Science Foundation programs
Increased $5.42 bil. from base of $5.413 bil.( 100%)
$5.38 billion ...... Department of Energy & Homeland Security general science programs
Increased $1.8 bil. from base of $3.584 bil.( 50%)
$28.95 billion ..... Space flight, research, and supporting activities
Increased $14.47 bil. from base of $14.476 bil.( 100%)

Non-Defense Energy Spending ($0.94 billion)
$0.58 billion ...... Energy supply and conservation
Increased $0.06 bil. from base of $.524 bil.( 10%)
$0.36 billion ...... Energy information, preparedness, & regulation (No Change)

Natural resources and environment ($30.91 billion)
$5.75 billion ...... Water resources
Increased $0.96 bil. from base of $4.795 bil.( 20%)
$9.44 billion ...... Forest Service, Conservation and land management
Cut $1.04 bil. from base of $10.493 bil.(-10%)
$3.33 billion ...... Recreational & Park resources
Increased $0.3 bil. from base of $3.029 bil.( 10%)
$8.35 billion ...... Pollution control and abatement
Increased $0.76 bil. from base of $7.593 bil.( 10%)
$4.04 billion ...... Other natural resources
Cut $0.44 bil. from base of $4.490 bil.(-10%)

Agriculture ($16.46 billion: cut $4.67 billion)
$11.89 billion ..... Farm income stabilization & crop insurance
Cut $5.08 bil. from base of $16.985 bil.(-30%)
$4.57 billion ...... Agricultural research and services
Increased $0.42 bil. from base of $4.154 bil.( 10%)

Commerce and housing credit ($9.58 billion)
$-0.2 billion ...... Mortgage credit
Increased $0 bil. from base of $-.188 bil.( 10%)
$0.07 billion ...... Postal service
Increased $0.01 bil. from base of $.060 bil.( 10%)
$0 billion ......... Deposit insurance
Increased $0 bil. from base of $.001 bil.( 10%)
$9.71 billion ...... Other advancement of commerce
Increased $0.89 bil. from base of $8.825 bil.( 10%)

Transportation ($63.73 billion)
$28.12 billion ..... Highways & Highway safety
Cut $3.12 bil. from base of $31.249 bil.(-10%)
$10.84 billion ..... Mass transit
Increased $3.61 bil. from base of $7.226 bil.( 50%)
$1.2 billion ....... Railroads
Increased $0.11 bil. from base of $1.089 bil.( 10%)
$17.37 billion ..... Air Transportion (No Change)
$5.83 billion ...... Water transportation
Cut $0.64 bil. from base of $6.478 bil.(-10%)
$0.37 billion ...... Other transportation
Cut $0.03 bil. from base of $0.413 bil.(-10%)

Community and regional development ($13.75 billion)
$5.69 billion ...... Community development
Increased $0.52 bil. from base of $5.170 bil.( 10%)
$2.62 billion ...... Area and regional development
Increased $0.24 bil. from base of $2.378 bil.( 10%)
$5.44 billion ...... Disaster relief and insurance
Cut $0.59 bil. from base of $6.045 bil.(-10%)

Education, training, employment, and social services ($100.75 billion: increased $18.95 billion)
$42.9 billion ...... Elementary, Secondary & Vocational education
Increased $7.15 bil. from base of $35.754 bil.( 20%)
$33.84 billion ..... Higher education
Increased $11.28 bil. from base of $22.563 bil.( 50%)
$5.78 billion ...... Research and general education aids
Increased $2.89 bil. from base of $2.891 bil.( 100%)
$6.39 billion ...... Training and employment
Cut $0.7 bil. from base of $7.099 bil.(-10%)
$2.4 billion ....... Rehabilitation services
Cut $0.59 bil. from base of $3.003 bil.(-20%)
$9.44 billion ...... Other social and family services
Cut $1.04 bil. from base of $10.487 bil.(-10%)

Non-Medicare Health Spending ($283.46 billion: increased $37.67 billion)
$200.8 billion ..... Medicaid grants
Increased $18.26 bil. from base of $182.542 bil.( 10%)
$0.74 billion ...... State Children's Health Insurance (No Change)
$8.17 billion ...... Federal employees' and retired employees' health benefits
Increased $0.74 bil. from base of $7.430 bil.( 10%)
$2.89 billion ...... Indian health (No Change)
$3.73 billion ...... Substance abuse and mental health services
Increased $0.34 bil. from base of $3.393 bil.( 10%)
$50.49 billion ..... Health research, training and disease control
Increased $16.83 bil. from base of $33.663 bil.( 50%)
$3.16 billion ...... Consumer and occupational health and safety
Increased $0.28 bil. from base of $2.876 bil.( 10%)
$13.48 billion ..... Other health care services
Increased $1.23 bil. from base of $12.254 bil.( 10%)

Medicare ($301.15 billion: increased $42.51 billion)
$192.56 billion .... Hospital insurance (HI)
Increased $32.09 bil. from base of $160.468 bil.( 20%)
$101.39 billion .... Supplementary medical insurance (SMI)
Increased $9.22 bil. from base of $92.174 bil.( 10%)
$7.2 billion ....... Medicare modernization (proposed)
Increased $1.2 bil. from base of $6.000 bil.( 20%)

Non-SS Retirement and Unemployment ($106.53 billion: increased $9.68 billion)
$0 billion ......... General retirement and disability insurance (excluding social security)
Increased $0 bil. from base of $ bil.( 10%)
$59.09 billion ..... Civilian retirement and disability programs
Increased $5.37 bil. from base of $53.718 bil.( 10%)
$47.44 billion ..... Unemployment compensation
Increased $4.31 bil. from base of $43.128 bil.( 10%)

Social Welfare Spending ($210.68 billion: increased $28.18 billion)
$36.14 billion ..... Housing assistance
Increased $6.02 bil. from base of $30.119 bil.( 20%)
$33.27 billion ..... Food stamps
Increased $5.54 bil. from base of $27.729 bil.( 20%)
$19.62 billion ..... Other nutrition programs (WIC, school lunches)
Increased $1.79 bil. from base of $17.833 bil.( 10%)
$36.82 billion ..... Supplemental security income (SSI)
Increased $3.35 bil. from base of $33.470 bil.( 10%)
$26.54 billion ..... Family support payments
Increased $8.85 bil. from base of $17.690 bil.( 50%)
$31.38 billion ..... Earned Income Tax Credit (EITC) (No Change)
$2.4 billion ....... Low income home energy assistance
Increased $0.4 bil. from base of $2.0 bil.( 20%)
$5.3 billion ....... Child care funds
Increased $0.48 bil. from base of $4.817 bil.( 10%)
$19.21 billion ..... Other family and child support
Increased $1.74 bil. from base of $17.467 bil.( 10%)

Social security ($506.9 billion: increased $8.06 billion)
$418.25 billion .... Old-age and survivors insurance(OASI) (No Change)
$88.65 billion ..... Disability insurance (DI)
Increased $8.06 bil. from base of $80.593 bil.( 10%)

Administration of justice ($33.41 billion: cut $5.34 billion)
$16.88 billion ..... Federal Law Enforcement (No Change)
$6.93 billion ...... Federal litigation and judicial activities
Cut $2.96 bil. from base of $9.897 bil.(-30%)
$4.14 billion ...... Federal prison activities
Cut $1.76 bil. from base of $5.914 bil.(-30%)
$5.46 billion ...... Criminal justice assistance
Cut $0.59 bil. from base of $6.063 bil.(-10%)

General government administration ($19.95 billion)
$3.03 billion ...... Legislative functions
Cut $0.33 bil. from base of $3.367 bil.(-10%)
$0.59 billion ...... Executive Office programs
Cut $0.06 bil. from base of $.660 bil.(-10%)
$12.42 billion ..... Collection of taxes & fiscal opertations
Increased $1.13 bil. from base of $11.293 bil.( 10%)
$0.92 billion ...... General property and records management
Increased $0.08 bil. from base of $.838 bil.( 10%)
$2.1 billion ....... General purpose fiscal assistance (DC, Puerto Rico, etc.)
Cut $0.22 bil. from base of $2.330 bil.(-10%)
$0.89 billion ...... Other general government
Cut $0.09 bil. from base of $.991 bil.(-10%)

Net interest ($186.69 billion: increased $23.98 billion)
$352.34 billion .... Interest paid on national public debt (No Change)
$-38.71 billion .... Civil Service retirement/disability surplus (No Change)
$-10.95 billion .... Military retirement surplus
Increased $2.75 bil. from base of $-13.695 bil.(-20%)
$-13.85 billion .... Medicare surplus
Increased $3.47 bil. from base of $-17.319 bil.(-20%)
$-70.95 billion .... Social Security trust fund surpluses
Increased $17.75 bil. from base of $-88.698 bil.(-20%)
$-31.19 billion .... Other interest surpluses (No Change)

Undistributed offsetting receipts ($-53.64 billion)
$-49.47 billion .... Employer share, employee retirement (off-budget) (No Change)
$-3.98 billion ..... Rents and royalties on the Outer Continental Shelf (No Change)
$-0.19 billion ..... Spectrum Auction (No Change)

Tax Expenditures and 2001 Tax Cut ($781.27 billion: cut $206.04 billion)

2001 Tax Cut ($45.4 billion: cut $58.59 billion)
$0 billion ......... Benefits for Richest 1% of Taxpayers
Cut $25.99 bil. from base of $26 bil.(-100%)
$0 billion ......... Benefits for Next Richest 4%
Cut $12.99 bil. from base of $13 bil.(-100%)
$0 billion ......... Benefits for Next Richest 15%
Cut $23.99 bil. from base of $24 bil.(-100%)
$19 billion ........ Benefits for Next 20% of Taxpayers (No Change)
$26.4 billion ...... Benefits for Bottom 60% of Taxpayers
Increased $4.4 bil. from base of $22 bil.( 20%)

2003 Tax Cut ($29.83 billion: cut $80.05 billion)
$0 billion ......... Benefits for Richest 1% of Taxpayers
Cut $35.63 bil. from base of $35.64 bil.(-100%)
$0 billion ......... Benefits for Next Richest 4%
Cut $16.71 bil. from base of $16.72 bil.(-100%)
$0 billion ......... Benefits for Next Richest 15%
Cut $32.66 bil. from base of $32.67 bil.(-100%)
$18.74 billion ..... Benefits for Next 20% of Taxpayers
Increased $3.12 bil. from base of $15.62 bil.( 20%)
$11.09 billion ..... Benefits for Bottom 60% of Taxpayers
Increased $1.85 bil. from base of $9.24 bil.( 20%)

Corporate Tax Breaks ($41.22 billion: cut $28.19 billion)
$9.9 billion ....... Accelerated Depreciation
Cut $4.23 bil. from base of $14.14 bil.(-30%)
$4.66 billion ...... Tax Free Bonds
Cut $1.98 bil. from base of $6.65 bil.(-30%)
$4.33 billion ...... Insurance Companies
Cut $1.85 bil. from base of $6.190 bil.(-30%)
$0 billion ......... Multinational Corporations Breaks
Cut $16.07 bil. from base of $16.08 bil.(-100%)
$9.3 billion ....... R&D Tax Breaks
Increased $1.55 bil. from base of $7.75 bil.( 20%)
$13.03 billion ..... Other Business & Investment
Cut $5.57 bil. from base of $18.61 bil.(-30%)

Personal Business & Investment Benefits ($80.46 billion: cut $56.14 billion)
$42.19 billion ..... Capital gains (except homes)
Cut $42.18 bil. from base of $84.380 bil.(-50%)
$7.68 billion ...... Accelerated Depreciation
Cut $0.84 bil. from base of $8.53 bil.(-10%)
$17.35 billion ..... Tax-Free Bonds
Cut $7.43 bil. from base of $24.79 bil.(-30%)
$13.24 billion ..... Exemption of tax on insurance interest
Cut $5.66 bil. from base of $18.91 bil.(-30%)

Pension & Retirement Deductions ($108.98 billion: cut $46.71 billion)
$48.76 billion ..... Tax-free on Employer-paid Pensions
Cut $20.89 bil. from base of $69.66 bil.(-30%)
$16.19 billion ..... IRAs
Cut $6.93 bil. from base of $23.13 bil.(-30%)
$44.03 billion ..... 401Ks & Keogh plans
Cut $18.87 bil. from base of $62.906 bil.(-30%)

Employer-paid Health Insurance ($144.19 billion: increased $24.03 billion)
$144.19 billion .... Employer-paid Health Insurance
Increased $24.03 bil. from base of $120.16 bil.( 20%)

Itemized Deductions ($230.2 billion: increased $34.65 billion)
$82.13 billion ..... Mortgage Interest
Increased $13.69 bil. from base of $68.44 bil.( 20%)
$61.09 billion ..... State and local taxes (w/o home property)
Increased $10.18 bil. from base of $50.91 bil.( 20%)
$17.73 billion ..... Property Taxes (homes)
Cut $4.42 bil. from base of $22.16 bil.(-20%)
$52.61 billion ..... Charitable Contributions
Increased $12.14 bil. from base of $40.47 bil.( 30%)
$12.04 billion ..... Medical Expenses
Increased $2.01 bil. from base of $10.03 bil.( 20%)
$4.6 billion ....... Higher education deductions
Increased $1.06 bil. from base of $3.54 bil.( 30%)

Other personal tax expenditures ($100.99 billion: increased $5 billion)
$31.97 billion ..... Untaxed Social Security benefits
Increased $5.33 bil. from base of $26.64 bil.( 20%)
$14.6 billion ...... Capital gains on homes
Cut $6.25 bil. from base of $20.860 bil.(-30%)
$2.06 billion ...... Miscellaneous fringe benefits
Cut $1.36 bil. from base of $3.43 bil.(-40%)
$3.88 billion ...... Workmen's comp etc
Cut $2.57 bil. from base of $6.46 bil.(-40%)
$5.64 billion ...... Soldiers and veterans (No Change)
$32.86 billion ..... Child credits
Increased $7.58 bil. from base of $25.28 bil.( 30%)
$9.98 billion ...... Education Credits & Deductions
Increased $2.3 bil. from base of $7.68 bil.( 30%)

[Gatekeeper]

Heh. Yeah, yeah. The point was an attempt on my part to add in RL factors when it comes to figuring out budgets — be they city, county, state or national — and that's that special interests are everywhere.

I wish it were as simple as being given a sheet of paper with numbers on it, making cuts an additions, and then sending it back to be compliantly signed into law by Congress. But such is life in a republic.

Gatekeeper

[Whoha]

no, I mean what will happen with a dollar crash to the US, not to other countries.