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
Clinton's plan also saved dollars for education and did not include a tax increase, but most cuts would not take effect until he is out of office, in the year 2001. The GOP also wants to eliminate programs initiated by Clinton like the National Service initiative, summer jobs, Goals 2000, and Americorps. Meanwhile, Clinton bounced back with a CBO scored plan with lighter, less risky cuts to politically sensitive areas like entitlements. A budget deal has always had less to do with economics than with politics and morality. Clinton thought such a demand on Republicans to produce a budget would produce inner-party quarrels and cause the GOP to implode. 1%, and poor families with children would loose 6% of their income. Attendees of a conference on budget cutting in Jackson Hole, Wyoming suggested we deliver a budget that has a simple, quantifiable goal, that includes short term goals, and eliminated gimmicks. History has shown that every budget agreement that has failed was too lax. "The President is sitting on his hands while the federal debt keeps going up and up and up into the stratosphere," said Congressman Jesse Helms, Rep -North Carolina. As we trust our elected officials to make decisions in Washington on our behalf, we must show interest and aptitude on the end results. "There is little or no change at all in this budget," said Pete Domenici (Senate Budget Committee Chairman), talking of Clinton's new budget. The Coalition believes that by reforming entitlement policy, rethinking government size, changing taxation methods, and consuming less, our budget can be balanced (Rau M-1).
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Acceptance Essays
