rantings of a random scrub | Why I don't Understand the Current Debt Ceiling/Budget DebateThis is exactly what I have been asking myself.
The US Federal expenditures for 2007 were a total of $2.8 trillion. The US Federal expenditures for 2010 were $3.55 trillion. This is a more than 25% increase. Where has all of this increased spending gone, and why are the programs it went to fund so critical that cutting them is not a serious option? It's not like 2007 was the dark day of anarchy, lawlessness, and starving seniors. Originally the increase was 'stimulus spending' of various kinds, but it seems to have morphed from 'temporary increase' into 'permanent budget baseline,' and any talk of serious cutting is treated as beyond the pale by the media and the Democrats alike.
I'm of the opinion that going back to the 2007 budget (adjusted to account for population growth) should be a viable option, and would save something like $5-6 trillion over 10 years. It sounds (to me) both simple and feasible. What am I missing?"