worldactionfund

 

BUDGET REPORTS

Debt is like a drug.

It creates a false sense of security while poisoning the mind and the body.

The reports below outline a strategy for getting America out of debt, while building a sustainable future.

 

MAIN

A Strategy for US Budget Reform

This report sets some key political priorities for reform.

This includes a list of government investments and revenues that are necessary for America's future.

 

U.S. Budget Reform Page

This report gives an in depth account of what is needed to deal with America's current budget crisis.

 

Building a Sustainable Future: A Global Outline For Reform

This report includes ideas for Global Reform as well as the Environmental and Political reforms necessary in building a sustainable future.


WHAT NEEDS INCREASED US GOVERNMENT SPENDING?

We believe that there needs to be a comprehensive approach to the budget crisis.

Mindless budget slashing and spending in the wrong areas can be dangerous.

 

The Need For a Manhattan Project on Renewable Energy

Since 1980 America has slashed its research funding for renewable energy by over 75%.

It's time for America to mobilize a major commitment to renewable energy spending and research.

 

National Broadband Strategy

Throughout American history the government has played a vital role in investing in America's economic future.

Today, there are few more important national priorities than building out the high speed internet for all Americans.


WHAT SHOULD BE AMERICA'S TAX PRIORITIES?

In What Areas Should We Increase US Taxes?

Consumption Tax    Energy Tax   Financial Transactions Tax

 

In What Areas Should We Reduce US Taxes?

Estate Tax Debate

 

Charts on US Taxes

Taxes and Deficit 1980-2010 

Need to Raise Taxes  


ENERGY

As outlined in the sections above, one of the pressing issues of our time is finding alternative energy sources.

This is doable from a technological and scientific point of view. However, we need to summon the political willpower to make this a reality.

Some important political points about America's Energy policy are outlined below.

 

The Dangerous House Appropriations Bill That Would Cut Renewable Energy In Half

The House has recently passed an Energy and Water Appropriations bill that would cut Renewable Energy in half and Renewable Energy Research by 80%

This report includes a discussion of the bill itself as well as a comparison to the Senate's much more reasonable bill.

 

Energy Tax

The World Future Fund does not have an exact position on this subject but we do feel strongly that we need to raise both private and public investment in this country.

 

Boxer Sanders 2013 Energy Bill

These two bills would be a "gold standard " for energy efficiency and environmental protection. 


ENVIRONMENTAL

The Budget Crisis and the Environmental Crisis are not separate issues.

The following chart below shows America's dangerous lack of commitment to a responsible environmental policy.

 

EPA Budget Cuts Chart

This chart shows that there has been a 75% drop in EPA funding in the last 3 decades.


HEALTHCARE

Single Payer Health Insurance Plans

A majority of the world's modern states have single payer, universal health care.

Even if we adopt the Affordable Care Act in 2014, 30 million United States citizens will still lack health insurance.

Single Payer Health Insurance is the only realistic option on the table.


EDUCATION

Much like our Health Care system, education is an area where Americans spend more and get less.

We spend more on Education than any other nation in the world, and yet the results are limited.

This is an area where we need smart spending, not more spending.

Education Spending: An Area Where America Spends More and Gets Less

Student Loan Crisis Page


INVESTMENT AND SAVINGS

International Savings and Investment

America is falling dangerously behind in terms of saving and investing in its own future.

Chinese investment and savings rates are more than three times higher than American savings and investment rates.

You get what you pay for. It's time for America to invest in its future.

 

Collapse of America's International Investment Position Chart

This chart shows the collapse of America's international investment position over the last 30 years.


AMERICA'S ENORMOUS ANNUAL LOSS IN WORLD TRADE

America's Balance of Payments Deficit  Chart

This chart shows America's enormous annual losses in world trade over a period of 30 years.


MILITARY

The structure of NATO was built when Europe was in ruins and a Soviet Empire threatened to take over the continent.

This is no longer the case, and yet Americans are paying the bulk of NATO costs. It's time for reform.

NATO Spending Report


CHARTS

Here is a collection of the World Future Fund budget charts mentioned in this index.

 

TAXES

Taxes and Deficit 1980-2010 

Need to Raise Taxes  

 

ENVIRONMENTAL

EPA Budget Cuts

 

INVESTMENT

Collapse of America's International Investment Position

 

LOSSES IN WORLD TRADE

America's Balance of Payments Deficit


LINKS

For more information on the current budget situation, check out our set of political links.

Government and Private Sector Budget Links