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Essay

national deficit

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Julie S

 

Date added:

December 17, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

2 / 470

 

Was viewed:

8130 times

 

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Essay content:

By the end of 2004, a record $413-billion deficit is expected because of tax cuts, spending on national security, Iraq and Afghanistan and interest on the debt." (http://www.freep.com/news/politics/taxgrid23e_20041023.htm) President Bush blames the deficit on the recession, the rise in military and homeland security spending, and tax cuts, which he believes were needed to encourage the economy...
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He has said holding off on "non-homeland security and non-defense spending combined with economic growth will make it possible to cut the deficit in half over the next five years." He still plans to try and make his tax cuts permanent, which have "affected both businesses and individuals." In respect to the budget enforcement rules affective in the 1990s, Bush is requiring annual limits on optional spending programs, and a pay-as-you-go requirement to force necessary spending programs to make budget cuts to make up for the increases payments...
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General issues of this essay:
Budget Deficit Deficit Spending: The Deficit Good Or Bad Deficit How scary is our deficit??? National Debt and Budget Deficit U.S. Deficit Good Or Bad? U.S. National Deficit U.S. Trade Deficit US Trade Deficit Budget Deficit & National Debt Budget Deficit & National Debt Deficit Spending national deficit Base deficit Attention deficit
 

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