Sunday, February 06, 2011

How to Balance the Budget

I've already cut more than six times more than President Obama proposed in his State of the Union address
trumpets John Stossel as he tries his hand at balancing the budget…
End subsidies for public broadcasting, like NPR. Cancel the Small Business Administration. …

Oops. That doesn't dent the deficit. We have to do much more.

So eliminate the U.S. Education Department. We'd save $94 billion. Federal involvement doesn't improve education. It gets in the way.

Agriculture subsidies cost us $30 billion a year. Let's get rid of them. They distort the economy. We should also eliminate Housing and Urban Development. That's $53 billion more.

Who needs the Energy Department and its $20 billion sinkhole? The free market should determine energy investments.

And let's end the war on drugs. In effect, it's a $47 billion subsidy for thugs in the black market.