The federal budget surplus
The federal economic budget for the first time in years has been able to overcome the problem of a budget deficit and is now operating with a surplus that is expected to continue over the next several years. With this overall achievement in the economy the government is now faced with the problem of how to use this extra money and maximize its usefulness for every US citizen. There are many pros and cons to running a government surplus, and Democrats and Republicans are competing for support on how to use and get around them. Although with the slowing of the economy and other economic factors the government now has to make tough decisions on such issues as whether to borrow from the social security trust fund, and how to keep promises of cutting taxes and stabilizing current federal projects such as Medicaid and Medicare. The budget is primarily a plan that illustrates how the government will spend its money. Within this it applies how it will get the money to spend, and how much the government will be borrowing and repaying. It keeps a balanced record of all these events and is strongly influenced by the direction of the economy and where the government w
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Some common words found in the essay are:
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Approximate Word count = 1242
Approximate Pages = 5 (250 words per page double spaced)
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