Saturday, March 16, 2013 | 2:01 a.m.
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In her letter “Sequester solution is pretty simple,” Rosalyn Jimenez says that ending tax breaks for greedy corporations and the top 2 percent of Americans would be the “simple solution” to our budget problem. She says her proposal would raise $1 trillion in revenue over the next 10 years.
We now have a national debt of $16.4 trillion and are adding close to another $1.5 trillion to the deficit every year. Ten more years of this, and we would have a national debt of more than $30 trillion.
Her proposal would leave us with a very manageable $29 trillion national debt. Her “simple solution” would be better titled “simpleton solution.”
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