The Department’s of Education, Commerce, Labor, Housing and Urban Development, whatever you think of them and other than Commerce, I have real issues with each of them, these departments aren’t the reasons for the budget deficit. And eliminating Federal education funding completely and things like public housing, you could argue which actually hurt the economy and add to the deficit. Because that money keeps low-income people in homes and low-income school districts from having to layoff teachers. The famous bank robber Billy The Kid was once asked the brilliant question of why does he rob banks? Where he gave an obvious answer to that and said, because that’s where the money is.
The main reasons for the budget deficit and national debt right now, have to do with the Great Recession, which we never completely recovered from, wars in Iraq and Afghanistan, that both went on the national debt card and our looming retirement crisis thanks to the Baby Boomers when it comes to Social Security and Medicare and you add our bloated tax code and the overall military budget as well. I use the Billy The Kid line because what I just laid out is where the money is when it comes to our national deficit and debt. You don’t have a serious budget deficit plan without addressing those areas of the Federal budget. As well as having an economic plan that produces stronger economic growth with more people working with good jobs.