305
14
Everybody's busy talking about thie "fiscal cliff" thing. But what is it? What happens if we "fall off"?
Like Obama said, we'd be in pretty deep waters if Congress doesn't get its act together and whip up a deal on this thing. Here's what we could lose:
Like Obama said, we'd be in pretty deep waters if Congress doesn't get its act together and whip up a deal on this thing. Here's what we could lose:
Food Stamps - $2 to $20 Billion
Medicaid And Other Health- $110 Billion
Social Security - $112 Billion
Medicare - $250 Billion +
Ryan infamously proposed turning Medicare into little more than a voucher system in which seniors would receive checks to purchase their own health care on the open market -- a plan that would ultimately force individuals to shoulder more of the burden for their health care costs.
Ryan infamously proposed turning Medicare into little more than a voucher system in which seniors would receive checks to purchase their own health care on the open market -- a plan that would ultimately force individuals to shoulder more of the burden for their health care costs.
Tax Loopholes And Deductions - Up To $180 Billion
Military Health Care - $16 Billion
Bush Tax Cuts For The Wealthy - $950 Billion
Tax Reform - $800 Billion - $1.6 Trillion
Federal Employee Retirement Program - $33 -$36 Billion
Military Retirement Program - $11 Billion
Home Health Care - $50 Billion
Agricultural Subsidies - $30 - $33 Billion
Flood Assistance - $4 Billion
Higher Education - $10 Billion
Source:
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