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(Timely bump)This year's deficit is about $1.3 trillion. Total "discretionary spending" is about $1.39 trillion."Discretionary spending" means the budget items whose spending is not (yet) mandated by Federal law. Sounds weird, but Defense spending is "Discretionary", while Social Security and other such programs are "Non-discretionary"."Non-discretionary" doesn't mean we MUST spend this amount in this time. It just means that to change the amount we spend on this item, we have to change Federal law first. Well, we do that every year, many times a year, when we raise the Debt Ceiling. It's actually pretty easy to do. So why not do it to "Non-discretionary" spending as well?So, in the event that we decide not to raise the Debt Ceiling any more, which "Non-discretionary" budget items should we change the law on, and then reduce? And which "Discretionary" items should we also reduce?
(Timely bump)
This year's deficit is about $1.3 trillion. Total "discretionary spending" is about $1.39 trillion.
"Discretionary spending" means the budget items whose spending is not (yet) mandated by Federal law. Sounds weird, but Defense spending is "Discretionary", while Social Security and other such programs are "Non-discretionary".
"Non-discretionary" doesn't mean we MUST spend this amount in this time. It just means that to change the amount we spend on this item, we have to change Federal law first. Well, we do that every year, many times a year, when we raise the Debt Ceiling. It's actually pretty easy to do. So why not do it to "Non-discretionary" spending as well?
So, in the event that we decide not to raise the Debt Ceiling any more, which "Non-discretionary" budget items should we change the law on, and then reduce? And which "Discretionary" items should we also reduce?
