Discussion Question Macroeconomics

8/2/2021 Debtfixer | Committee for a Responsible Federal Budget

https://www.crfb.org/debtfixer/#step9 1/3

Return to main display

We suggest creating a PDF and sending this to your representative.

Right click and select Print.

In "Destination" menu, select "Save as PDF"

Save to your desktop, then attach �le to email or fax.

Education, Infrastructure, and Research

Defense

Social Security

Health Care

Increase the Gas Tax by 12 Cents, Then Grow It in Future Years $200B 

Devolve K-12 Education to the States $440B 

Replace Current Student Loan Subsidies with Income-Based Repayment $110B 

in billions

End the Wars in Iraq and Afghanistan $600B 

Provide a Pathway to Citizenship for Undocumented Immigrants $170B 

Eliminate the Payroll Tax Cap to Cover All Earnings $670B 

Raise Payroll Tax Rate by 1% $440B 

Reduce Disability Insurance Program Cost $130B 

Allow Private Plans to Compete with Medicare $270B 

8/2/2021 Debtfixer | Committee for a Responsible Federal Budget

https://www.crfb.org/debtfixer/#step9 2/3

Defense

770

Investments

750

Debt as Percentage of GDP

90%

2031

107%

2050

Savings relative to current law (billions) $ 5580

Your Savings

Other Domestic Spending

Individual Income Tax

Other Taxes

Require States to Cover One-Quarter of the Cost of Food Stamps $180B 

Eliminate Farm Subsidies $180B 

Tax Capital Gains and Dividends as Ordinary Income for High Earners $460B 

Institute a Cap on the Health Insurance Tax Exclusion $1130B 

Reform Inventory Accounting Methods $70B 

Eliminate the “Pass-Through” Business Deduction $530B 

8/2/2021 Debtfixer | Committee for a Responsible Federal Budget

https://www.crfb.org/debtfixer/#step9 3/3

Social Security

1240

Health Care

270

Domestic

360

Income Tax

1590

Other Taxes

600