I’d like a budget reset back to 2000 with adjustments for inflation and population growth
fedgov budget in 2000: $2.03 trillion
US population in 2000: 284 million
per capita fedgov spending: $7,147
adjusting for inflation, we get $12,963 per capita
US population 2024 = 341 million
After adjustments, the fedgov budget should be: $4.4 trillion
That was about the revenue in 2023. Interesting. However, the budget that year was $6.1 trillion, and spending this year will exceed that.
So spending should be cut by $1.7 trillion or a 28% across the board budget cut.
Across the board budget cuts are best because it prevents arguments about what's essential or not.
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