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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: sykesix 🐝🐝  😊 😞
Number: of 15055 
Subject: Re: TCJA 21% vs 15% Corp. tax rate
Date: 11/12/2024 6:59 PM
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Everything should be on the table for examination, all the time. But in a practical matter, it is a lot easier to talk about cuts than to actually do cutting. The DOEd's largest area of spending for things like student loans, Pell grants, and other student aid on the secondary level. Next is spending on the K-12 level like grants to local school districts in impoverished areas, Native American schools, funding for special education, etc.

Any or all of that could be cut, but there is a constituency who doesn't want it cut. And do you really want to be the Congressman who voted to cut special education? My eyes tend to glaze over when a politician says he wanted to cut waste, fraud, and abuse. Everyone is opposed to waste, fraud, and abuse. But unless you really roll up your sleeves it is hard to fix and the cure can be worse than the disease. I used to do a lot of military contracting and I swear about half the budget was spent proving there was no waste, fraud, and abuse.
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