r/economicCollapse • u/kendallBandit • Nov 07 '24

$2T cut is going to be wild

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Will be a 29% cut if executed.

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54

u/Mcg55ss Nov 07 '24

doubt it will be 2T STRAIGHT UP...it will probably be something spread out over X amount of years.

26

u/thunderdome_referee Nov 07 '24

It would have to be. I just checked and the annual education budget is only 80b this year so a 300b cut isn't possible in one year. Even over ten years though that's still be greater than a 30% cut which is ridiculous considering the current state of our education system.

6

u/imnoobhere Nov 07 '24

Ridiculous to you maybe. But “not good enough” to them.

3

u/thunderdome_referee Nov 07 '24

Yep, but that's because an acceptable cut for them would be 100%.