Legislative Branch

Don't Even Think About a Default

A default would be like having a balance on a credit card at the low introductory rate of 2.9% that increases to 24% if the minimum payment is not made, then considering not making the minimum payment to show remorse for still having an outstanding balance.

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Legislative Branch

Stop Picking up Pennies in Front of a Speeding Steamroller

The current budget process is like a game to see who can pick up the most pennies in the path of a speeding steamroller. The inability to get things done related to the debt ceiling has had a significant impact on the financial markets, with severe downturns in the stock markets, and the cost of borrowing will now increase.

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Postal Service

Post Office Should Charge for Home Delivery

It doesn't make sense that it costs money for a person to rent a box at the Post Office, but it's free to receive mail at home. If any other business ran their company this way they'd be out of business. Doesn't it cost more money to deliver mail across town than to stuff mail in a slot at the Post Office? The Post Office could charge a nominal fee to deliver mail to individual homes and a reduced fee to deliver mail ...more »

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Legislative Branch

Explain the Arithmetic of a Default to Congress

For every 100 basis point increase in interest rates, the interest on the $14 trillion debt increases by $140 billion. Flirting with the disaster that would be caused by a default results in less confidence by investors on the risk of Treasury securities, increasing interest rates.

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Legislative Branch

Don't Default - Save $1.4 Trillion per Year

We pay about 5% on long-term debt. Greece pays 15%. If we default and start paying 15% like Greece, it will cost an additional $1.4 trillion per year in interest, based on 10% times debt of $14 trillion. The additional $1.4 trillion in interest is equivalent to about 2/3 of the federal government's annual revenue.

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Department of Labor

get un/under-employed working to increase the tax base

Save money by paying down the debt, and don't let default happen (or else interest rates rise, and the US debt will crush us!). The equation is taxes on income are source of funding for Govt. Currently govt is working on the wrong part by thinking to reduce Soc Sec, Medicaid, which help people, while ignoring the fact that TWENTYFIVE PERCENT of workers are UN/UNDER-EMPLOYED!! (9% unemployed, 17% underemployed = 26%) Now ...more »

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Department of Defense

Expand default margins in Word

By expanding the default margins from 1.5" to .75" the government would be able to save approximately 5% of the paper it uses, just by making a few clicks. This would cost nothing to implement and save, literally, tons of paper.

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Department of State

default printer settings on all USG computers

With move to paperless offices, it is astounding how many people print and then scan hard copies back to make them into e-documents. Users are often not aware that they can "print to PDF" format direct from their desktops, and have the "scanned" document immediately available. What a waste of time and paper, not to mention additional hardware support and maintenance to the required scanners and printers. Save paper ...more »

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