Anybody Agree That The Federal Budget Could Be Balanced With These Cuts?

Annual Federal Revenue: Roughly 2.6 trillion
Annual Federal Budget: Roughly 3.45 trillion
At first glance the military absorbs 20 percent of the US governments annual budget. However, when percentage of discretionary spending allotted to the military (roughly 58%) is taken into account the figure is upwards of 30 percent of the annual budget. This is what I like to call the “Department of Offense ” spending (Iraq, Afghanistan, and everywhere else we like to rub our noses). Removing military discretionary spending from our agenda would save roughly 382 billion dollars on annual federal budget.
-382 billion
The military is also allotted roughly 707 billion dollars a year in “overseas contingency operations.” the wars in iraq and afghanistan were only fractionally as costly as these “overseas contingency operations.” A perfect example of this type of unnecessary spending is the new military base in northern australia that obama has approved. Not only is this a huge expense but it is only serving to stir up a chinese hornets nest. Again, this aggression is proving too costly for the united states. Cut 50 percent of this spending.
This leaves nearly 700 billion dollars in defense money. more than enough to fund homeland security, veterans affairs and non-mongering operations world wide.
-353 billion
I’m not going to pretend to be an expert on medicare and medicaid. However, studies have been done that indicate smoking is responsible for 10 to 11 percent of medicaid, medicare costs in the united states. smoke cigarettes? fine, but your your not eligible for government funded health care regarding the effects of smoking.
+80 billion
Corporate tax increase. 67 percent of americans want a substantial tax increase on corporations. a 15 percent increase would generate roughly 30 billion dollars in revenue annually.
+30 billion
That leaves us with annual expenses at 2.60 trillion dollars. Im aware of how drastic of a change in military spending this is. however, the pentagons current stance shares this idea that they are spending too much: http://www.reuters.com/article/2012/01/2…
Here are some additional military budget reduction ideas referenced from Edward A Aguilar, Executive Director of Project for Nuclear Awareness:
¶Don’t build a new fleet of nuclear submarines. Savings: $125 billion.
¶Don’t overhaul old nuclear weapons; go below 1,000 in total. Savings: $65 billion to $80 billion.
¶Reduce ballistic missile submarines and cut ICBMs to 300. Savings: $79 billion to $100 billion, according to Senator Tom Coburn, Republican of Oklahoma.
¶Cut bases not only in Europe but also in Japan, as recommended by Ambassador Thomas Graham Jr., former chief nuclear negotiator. But don’t cut troops — bring them home to American bases, boosting local economies, and train them for asymmetrical warfare.
¶Cut waste and redundancy. Senator Coburn has noted that the Government Accountability Office, the Defense Department’s inspector general and others have identified about $50 billion in waste, abuse and fraud in the budget
Anyways, tell me why I’m wrong…