Goverment spending
Government Spending & Budget As many Federal departments and agencies lurch into an era of running without funds, the leaders of both parties of Congress are spending less and less time searching for a compromise to balance the budget, and more and more time deciding how to use it to their advantage on the campaign trail. Meanwhile money is easily borrowed to pay for government overhead. In an attempt to change this, on June 29, Congress voted in favor of HConRes67 that called for a 7 year plan to balance the Federal Budget by the year 2002 (Hager 1899). This would be done by incorporating $894 billion in spending cuts by 2002, with a projected 7 year tax cut of $245 billion. If this plan were implemented, in the year 2002, the U.S. Government would have the first balanced budget since 1969. There is doubt by citizens that a balanced budget will become reality. A recent Gallop Poll from January, 1996 showed the budget as the #1 concern among taxpayers, but 4/5 of those interviewed said they doubt the GOP will do the job (Holding 14). Meanwhile, an ABC poll from November reported that over 70% of those polled disapprove of the current performance by Congress, and most blamed politicians for failure to take action (Cloud 3709). Th
. . .
Some common words found in the essay are:
Social Security, Congress Hosansky, Defending Deficits, Rau M-1, Treasury Department, White House, Federal Government, Concord Coalition, Congress Clinton, Rau M-, gop plan, rau m-1, discretionary spending, government spending, social security, clinton's plan, clinton's budget, gop budget, family income, balance budget, retirement 65 70, rau m- 1, 1/5 income families, clinton sometimes criticized,
Approximate Word count = 2744
Approximate Pages = 11 (250 words per page double spaced)
|
 |
