Friday, December 3, 2010
What Would You Cut?
I've officially wrapped up my first week at my new talk show radio gig and I had a blast!
I host my radio show weekdays from noon-3pm on 93.5/95.3 Connect FM in Champaign/Urbana, Illinois. You can listen online at MyConnectFM.com, and you can connect with me by calling 217.359.CALL (2255).
The topic that was the hottest one for me this week had to do with our national debt. I asked this question:
If you could be President for a day, and you could cut one thing to reduce our deficit...what would it be?
As an added bonus, you get a magic wand, so your cut doesn't have to get past Congress. You say it and "Poof" it's done.
As you know, the leaders of President Obama's bipartisan deficit commission released their official plan for deficit reduction this week which included proposals to double the gas tax, raise the retirement age to receive Social Security payouts, cut Medicare and lay off hundreds of thousands of federal workers.
Pretty in-your-face recommendations, huh? But it is refreshing to hear REAL solutions that showcase the severity of our situation.
Do they have it right?
I'd cut the congressional tax-funded retirement plan. Replace it with a 401K option & we'll match it up to 4%. If its good enough for the private sector, it should be good enough for Congress.
What would you cut if YOU were the President?