News for hackers. Stuff that matters.

A comment on Trump's NASA cuts would destroy decades of science and wipe out its future. Parent comment

Re:Trump's NASA cuts would destroy decades of science and wi... by alistairSH on Thursday June 12, 2025 @12:27PM (#44259612)
We could cut 100% of discretionary spending and might just balance the budget.

If you really want a balanced budget, you need to figure out how to slow the growth of mandatory spending and increase revenue. Neither of which Trump or the GOP seem interested in doing.

[ Parent | on HN ]
Re:Trump's NASA cuts would destroy decades of science and wi... by alistairSH on Thursday June 12, 2025 @01:38PM (#44260441)
Apparently somebody takes issue with my comment, so here's the CBO's own analysis for 2024[1].

Total Revenue: 4.9 trillion

Mandatory Spending: 4.1 trillion

Net Interest: 0.9 trillion

Discretionary Spending: 1.8 trillion

Yes, we could zero out discretionary spending and just barely eke out a balanced budget. We either need more revenue OR a complete reset on the social contract for a long-term balanced budget.

1 - https://www.cbo.gov/publication/61185

[ Parent | on HN ]