There is nothing left (edit: discretionary) to cut, and there is no material fraud. Taxes must go up. Only the top 40% of Americans have any income or wealth to tax (bottom 60% of Americans have no federal tax liability). Or, as you mention, we monetize the debt, print dollars, and burn up the currency value.
https://usafacts.org/government-spending/
https://usafacts.org/answers/how-much-debt-does-the-us-have/...
> There is nothing left to cut
Hmm.... I found this, I wonder if there is any way this line item in the budget could be reduced, it looks sort of big:
https://www.usaspending.gov/agency/department-of-defense?fy=...
Correction accepted. Eight failed audits. Would love to see the will to fix this specific item, but am not confident it exists. We spent hundreds of billions on war with Iran before we forgave student loan debt and instituted Medicare for All, for example. The evidence is clear these are active choices we can make. We actively choose the bad financial policy choices through governance outcomes.
The only branch of government I have faith in at the moment is the bond market.
Pentagon fails financial audit for 8th year in a row - https://www.militarytimes.com/news/pentagon-congress/2025/12... - December 19th, 2025
Fact Check: Has the Pentagon failed its 7th audit in a row? - https://econofact.org/factbrief/has-the-pentagon-failed-its-... - December 20th, 2024
Thoughts From the Bond Vigilantes - https://www.pimco.com/us/en/insights/thoughts-from-the-bond-... - December 9th, 2024
The Iran War spending is staggering but still not enough to cover Medicare for All, even for a single year.
Maybe the ENTIRE defense budget would cover it.
The US spends ~$1.1T/year on Medicare today. US health care spending is estimated to continue rising and will reach nearly $6T a year by 2027. That means according to the federal government, the US will spend around $42.9T on health care over the next decade if we maintain the status quo. A recent study by Yale epidemiologists found that Medicare for All would save around 68k lives a year while reducing U.S. health care spending by around 13%, or $450B a year.
(for comparison, the DoD consumes ~$1T of spending, and debt interest costs ~$867B, annually as of this comment)
Citations:
https://usafacts.org/answers/how-much-does-medicare-cost-the...
https://www.citizen.org/news/fact-check-medicare-for-all-wou...
https://www.crfb.org/papers/choices-financing-medicare-all
https://www.rand.org/pubs/research_reports/RR3106.html
https://www.pgpf.org/programs-and-projects/fiscal-policy/mon...
https://fiscaldata.treasury.gov/interest-expense-avg-interes...
From the cfrb link the cost of Medicare for All would be $2.5T to $3.5T per year.
So the entire defense budget would not cover it.
https://news.ycombinator.com/item?id=48633650
The average federal budget from 2010 to 2020 was $4 trillion. This year it is $7.5 trillion. There's quite a lot to cut.
https://usafacts.org/articles/how-much-of-the-federal-budget...
> The US government spent $6.2 trillion in total in 2023, with $1.7 trillion on discretionary spending, $3.8 trillion on mandatory spending, and $659 billion on net interest. Discretionary spending includes funding for defense, education, transportation, and scientific research. Approximately half of federal discretionary spending is allocated to defense.
So I suppose I would agree with your assertion that there is a lot to cut if we're talking about cutting defense spending and interest on the debt via more taxes to pay down the debt (to reduce forward debt servicing obligations). Can't keep cutting taxes for the wealthy with the expectation that is going to reduce spending or increase overall federal tax income, as the evidence shows it will not.
Per the link you provided https://usafacts.org/government-spending/
2024 - $6.8 trillion in spending
$1.3 trillion Defense, $323 billion of which is veteran support (pensions, retirement, medicare, etc).
Discretionary spending is a misnomer that assumes all of the other spending levels just have to be maintained as is, are without fraud, run efficiently and impossible to reform.
Cut 20% across the board from every agency for starters (including Defense). That gets us back from $7.5 trillion to $6 trillion. Then do it again 2 years later and get us back to $4.8 trillion. Then do it again.
States have limited budgets and must balance it all the time. Companies as well. There's no reason the federal government cannot do exactly the same thing.
"Wealthy people" didn't cause the US government to spend an extra $3.5 trillion a year over a decade ago and this idea of raising taxes more on those people wouldn't even begin to address the spending problem.
> Discretionary spending is a misnomer that assumes all of the other spending levels just have to be maintained as is, are without fraud, run efficiently and impossible to reform.
We disagree on the fundamental problem, and I believe your solution is wildly irresponsible to "just keep cutting 20%." You say fraud; prove the fraud. DOGE couldn't find any, so "extraordinary claims require extraordinary evidence." Fraud has a very clear definition versus "spending I do not like or approve of."
The $21.7 Billion Blunder: New PSI Report Reveals Billions in Taxpayer Dollars Squandered by DOGE - https://www.blumenthal.senate.gov/newsroom/press/release/07/... - July 21st, 2025 (Report [pdf]: https://www.hsgac.senate.gov/wp-content/uploads/2025-07-31-M...)
The reality of DOGE's mediocre savings - https://fordschool.umich.edu/news/2025/reality-doges-mediocr... - February 25th, 2025
DOGE and “Waste, Fraud, and Abuse” - https://www.cato.org/blog/doge-waste-fraud-abuse - February 20th, 2025
> "Wealthy people" didn't cause the US government to spend an extra $3.5 trillion a year over a decade ago and this idea of raising taxes more on those people wouldn't even begin to address the spending problem.
I mean, this is the government they created over decades, including influencing elections through dark money spending, and they have all the wealth. Tax cuts for the wealthy are a material component of the debt the US carries today. Where else would we get it from? More tax and spending cuts? This is very unlikely, feel free to confirm with an NGO like USAFacts or Brookings on the topic.
How four decades of tax cuts fueled inequality - https://publicintegrity.org/inequality-poverty-opportunity/t... - November 29th, 2022
Popular support is very high for taxing the wealthy more, ~80% as of this comment in some cases.
Most Americans continue to favor raising taxes on corporations, higher-income households - https://www.pewresearch.org/short-reads/2025/03/19/most-amer... - March 19th, 2025
>"Wealthy people" didn't cause the US government to spend an extra $3.5 trillion a year over a decade ago
But... They did. Who do you think wanted Trump's tax cuts on wealthy businesses?
Who do you think pushed for Reagan's tax cuts on wealthy businesses while also drastically increasing defense spending?
Who do you think still is pushing reduced taxes for wealthy businesses?
"We've cut all taxes from the wealthy and the tax number keeps going down, what can we possibly do?"