| Tuesday, March 21, 2006 |
| Food for thought |
Andrew Sullivan, provoked, discusses what he would do to balance the budget. It's thought-provoking. Some of these things I agree with (raising the retirement age, for one):
Kevin Drum has challenged me to detail how I'd balance budgets while keeping Bush's tax cuts. (A small clarification: I'd keep the estate tax as it once was; and I'd add a buck to the gas tax pronto.) ... But my back-of-the-envelope wish-list is that I'd repeal the Medicare drug entitlement, abolish ear-marks, institute a line-item veto, pass a balanced budget amendment, means-test social security benefits, index them to prices rather than wages, extend the retirement age to 72 (and have it regularly extended as life-spans lengthen), abolish agricultural subsidies, end corporate welfare, legalize marijuana and tax it, and eliminate all tax loopholes and deductions, including the mortgage deduction, (I'd keep the charitable deduction). For good measure, I'd get rid of the NEA and the Education Department. |
posted by CB @ 9:51 AM   |
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