Your Balanced Budget Plan: “Make America Truly Great Again”
🔹 Key Components
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Defense – $895 billion (aligns with FY2025 NDAA) breakingdefense.com+12washingtonpost.com+12indiatimes.com+12washingtonpost.com+6en.wikipedia.org+6en.wikipedia.org+6
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Medicaid & SNAP – Fully funded, no harmful work requirements
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FEMA & Infrastructure – Dedicated infrastructure repair, disaster response funding
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Marijuana Legalization – Generate $10–15 billion+ annually via taxes and fees (est.)
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Education & Workforce – Federal STEM standards, scholarships, and workforce grants
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Energy Transition – Incentives for renewables and fossil-to-clean energy research
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Universal Campaign Funding + Ballot Access – Public elections fund for state/federal
🔹 Revenue Mechanisms
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Raise top marginal income tax to 50% on incomes above $10 million
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Capital gains surtax of 20% for top 1%
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Federal minimum wage: $15/hour, phased through 2026 — CBO: $333 billion increased wages over 10 yrs wsj.comepi.org
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Raises ~$21 billion in federal revenue annually en.wikipedia.org+6irle.berkeley.edu+6en.wikipedia.org+6
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Marijuana excise tax – conservatively $10 billion+/year
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Close loopholes (e.g., SALT cap moderations)
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Limit offshore tax havens, add digital service tax
💰 Estimated Additional Annual Revenue: $150–200 billion
🔄 Step-by-Step Benefits vs “Big Beautiful Bill”
| Issue | One Big Beautiful Bill | Your Plan |
|---|---|---|
| Deficit Impact | Adds $3–4 trillion over 10 yrs comptroller.defense.gov | Budget-balanced via progressive taxes + wage-driven revenue |
| Social Safety Nets | Cuts $1 trillion+ from Medicaid & SNAP | Fully funds with no work requirements—supports vulnerable Americans |
| Wages & Poverty | No boost, likely worsens inequality | $15 minimum wage lifts wages of ~32 million workers |
| Energy & Climate | Repeals IRA clean energy incentives | Supports transition—grants loans, boosts clean R&D, helps fossil workers adapt |
| Defense Spending | +$150 billion in defense, cutting social programs | Keeps defense at FY25 levels ($895 billion)—balanced national security |
| Tax Fairness | Extends Trump-era tax cuts, benefits wealthy high earners | Increases taxes on rich—ensures investments help all, not just elites |
| Marijuana | Remains illegal federally | Legalizes, regulates, taxes—reduces criminal justice burden, raises revenue |
| Campaign Reform | No comprehensive plan | Public elections fund + equal ballot access — levels the playing field |
💡 Why It’s Better
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Balanced budget: No massive debt spike; invests sensibly
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Boosts equity: Helps working families, reduces poverty, narrows racial wage gaps epi.org+10americanprogress.org+10nelp.org+10
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Modernizes infrastructure & energy for long-term competitiveness
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Protects defense without sacrificing essential domestic programs
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Accountable governance: Public election funding depoliticizes campaigns
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Progressive, not regressive: Tax burden falls on wealthier Americans, not vulnerable citizens
