Cut the Federal Budget

Federal revenue is about $ 2.5 trillion a year and will be for some time. Our national debt target ceiling should be $6 trillion, not $20 trillion. A good start would be a 10% across-the-board reduction in spending for each budget year from 2010 through 2019. It won’t cost a cent. We really need to cut the federal budget back by 20% for 2010 from $3.7 trillion to $2.9 trillion. We need to freeze the unspent Stimulus money and send it with the TARP returns to the Treasury to reduce the deficit. Why would we need to spend more than $2.9 trillion ? There’s no way the government can increase spending by another trillion dollars without wasting most of it. Federal agencies are tripping all over themselves to spend this extra $ 800 billion and they’re failing. Put them out of their misery. Then pull years 2011 through 2019 back to $2.9 trillion It is federal spending and congressional scrambling to spend more that has the recovery stalled. Markets don’t like instability and Congress has become the poster-child for instability.