Balancing the Budget & Closing the Deficit

(Community Matters) My formula would be something like this:

1)       Figure out what we all should have paid during the last 12 years as if we had responsibly paid for the 2 wars and the medical prescription benefits –  raising taxes on those earning $250k & above, temporarily over the Clinton rates, to recapture 2001 – 2012 under-collected revenues, then

2)       Look at remaining deficit and structural inflows & outflows and adjust spending so that budget balances at Clinton rates

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