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<p>[quote user="oltmannd"]</p> <p>[quote user="schlimm"]Had you read the entire post, or the previous one, you would see I am talking about choices, not justifying money spent on Amtrak because we spend $X on widgets. I mentioned the $1 bil. in tax credits given annually to oil producers and the annual Amtrak subsidy which is about 1/3 of that. Taxpayer voters should inform their reps. which of those two seem the wiser, more utilitarian. Eliminate that oil depletion credit and use that money saved for Amtrak and debt reduction. That is only one example. There are many more discretionary expenditures and tax credits and tax loopholes that should be examined, one by one.[/quote]</p> <p>That's not the point. We won't have ANY choices going foward because debt service and entitlements are going to eat all the tax revenue plus some. There will be ZERO discretionary spending.</p> <p>That's why it's so critically important to spend wisely with the dribs and drabs that are handed out now.</p> <p>...and it's not been happening.</p> <p>At the surface, it looks like we threw $11B down a rathole. (although some of it will bear some fruit, eventually) [/quote]</p> <p>Your correct. Cutting the long distance trains or ceasing to spread money around with little prospect of a real success will not solve the debt problem. But every little bit helps. </p> <p>Its not just saving money on Amtrak or wasteful expenditures under the guise of high speed rail. It is heaps of other programs as well, PBS, NPR, subsidized crop insurance, etc. Add them all up, and it becomes serious money.</p>
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