Things you think you country needs to improve

[vorlon13]

Funny as hell if Trump adopted Simpson Bowles Commission recommendations:

So what's the commission's plan for reducing debt?

Meat and taters from Wiki:

The final plan was broken down into six major components (savings are 2012-2020):

1. $1,661 billion of discretionary spending cuts by putting in place discretionary spending caps into law lower than what is projected to be spent.
   
2. $995 billion in additional revenue with $785 billion in new revenues from tax reform by lowering income and corporate tax rates and broadening the base by eliminating tax expenditures. An additional $210 billion in revenue is also raised in other revenue by switching to the Chained-CPI and an increase in the federal gasoline tax
   
3. $341 billion in federal health care savings by reforming the Sustainable Growth Rate for Medicare, repeals the CLASS Act (which has already happened), increase Medicare cost sharing, reform health-care tort, change provider payments, increase drug rebates and establishes a long-term budget for total federal health-care spending after 2020 to GDP + 1 percent.
   
4. $215 billion in other mandatory savings by moving to the Chained CPI for all inflation-indexed programs, reform the military and civil service retirement system, reduce farm subsidies, reduce student loans and various other reforms.
   
5. $238 billion in Social Security reform, to be used to ensure the program is sustainably solvent in the infinite horizon by slowing benefit growth for high and medium-income workers, increase the early and normal retirement age to 68 by 2050 and 69 by 2075 by indexing it to longevity, index cost of living adjustments to the Chained-CPI, include newly hired state and local workers after 2020, increase the payroll tax cap to cover 90 percent of wages by 2050 and creates a new minimum and old-age benefit.
   
6. Budget Process Reforms by creating discretionary spending caps and caps total federal revenue at 20 percent of GDP.
   

An additional $673 billion is saved due to lower projected spending interest payments as a result from lower deficits.


The interesting thing about Simpson Bowles was the plan had equal support among Dems and Pubs.  While this is a fatal flaw obviously, it is still something to think about.