A Balanced Budget?
This year President Clinton will submit his proposed legislation for the
Federal Budget to Congress. The fact that we have divided government (ex.,
Democratic President, Republican majority in Congress) means the majority of
that legislation won't make it through the first ten minutes of a Congressional
session. The President in turn will veto legislation presented to him by
Congress. The whole situation is a vicious, never ending circle. Each side is
looking out for their own best interests, and after years, even decades of this
the United States has a huge budget deficit. Is there a solution to all this
madness? Is it feasible to balance the Federal Budget? Every politician on
Capitol ...
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An Exercise in Hard Choices," could not have been more appropriate. It
is possible though to balance the Federal Budget, provided you follow 3 simple
rules. First you must decide what you feel is important, then cut without
consciousness, and if that doesn't work, alter your baseline.
Important Choices
When deciding on what I thought was important to protect in the budget,
I felt like a politician myself. I protected my own self interests. First up was
Defense. The fact that I am in the Marine Officer Program weighed heavily on my
decision to increase Defense spending by 17.6 billion (all amounts in billions,
unless noted), following the Congressional Budget Resolution. The President's
plan just didn't provide enough capital, the Congressional Black
Caucus/Progressive Caucus would basically wipe out my career before it even
starts, and I just can not have that. Next up is Education. Without the direct
student loan program, I would have no way to fund my education other than ...
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Program. As the report says, scientists have lost
interest so why keep funding it. Another 11.2 by the wayside.
The Energy issue is a complex one, but nevertheless the DOE has to go.
The DOE is a bureaucracy of waste. The DOE has several institutions doing the
same research. By Eliminating the DOE as a go-between, money and time saved. The
BRCA proposal is more beneficial to my pursuit of a balanced budget, eliminating
4.2.
Natural Resources are a touchy subject, but in order to balance the
budget, everyone has to chip in. By charging the fair market value for natural
resources, 21 billion saved.
Agriculture is essential, but it is not necessary to increase ...
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A Balanced Budget?. (2007, August 29). Retrieved April 19, 2024, from http://www.essayworld.com/essays/A-Balanced-Budget/70350
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"A Balanced Budget?." Essayworld.com. August 29, 2007. Accessed April 19, 2024. http://www.essayworld.com/essays/A-Balanced-Budget/70350.
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