Balanced Budget

first and most important virtues, and public debt as the

greatest of dangers. To preserve our independence, we must

not let our rulers load us with perpetual debt" (Grinsburg

1). This quote illustrates the importance of maintaining a

balanced budget; therefore, it is necessary to stand firmly

resolved that the government should balance its budget.

Three main arguments uphold this premise. They are as

follows: 1. It is feasible for the government to balance the

budget, 2. A budget deficit harms the United States through

creating a trade deficit and increasing the national debt,

3. A balanced budget would benefit the United States by

providing extra funds for social programs, tax cuts, and

Argument 1: It is feasible for the government to balance its

On of January 7, 1998, the U.S. Congressional Budget

Office released a budget forecast that "shows the federal

budget to be in effective balance, with a projected deficit

of just $5 billion this year—a trivial percentage of an

estimated $8.5 trillion gross domestic product" (Bartlett

8). The government was able to balance the b

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Approximate Word count = 1949
Approximate Pages = 8 (250 words per page double spaced)