Budget :: essays papers

work out To pass a budget potty takes a mussiness of succession and work. There ar many agents involved in this long process. The hot seat first has to propose a intention to eternal sleep the budget. He has to go through at the national deficit and talk with Congress. Congress then forget negotiate or compromise a invention of their own with the death chair.In early March, President Bill Clinton began to put together a plan to balance the budget. He then gave Congress the plan to look over. At this time, congress criticized the plan, saying it would cost the country a bigger Federal deficit. Over the past three months, Congressional leaders and the Clinton Administration commit been doing a lot of compromising and negotiating over a plan to balance the federal budget by the year 2002. Since the Federal deficit isnt that large, it is helping them to come up with a deal a lot easier and quicker.Although the fact that there is a low Federal deficit, they are til now meeting some major complications in approving a plan or even coming up with a plan that shadow be agreed on. In order to balance the budget by 2002, the government would have to cut spending on things that really couldnt afford it. The schools of the country need repairing. By cutting on the spending of schools, deteriorating schools would not receive the proper funding to make the schools safe and sanitary. other item that spending would be cut from is Medicare, Medicaid, and social security. This would mainly see the elderly and the abject. By cutting spending on these items, the elderly and the poor would not receive that much medical coverage, which is vital to them. Another factor which isnt universe very helpful in the budget deal is tax cuts. Democrats and Republicans cannot agree on where to cut taxes from. Democratic Congressional Leaders feel that President Clinton is having secret meetings with Republican Congressional Leaders on the budget plan. They feel that the President isnt telling them everything and that these meetings are being held behind their backs. Some even say that President Clinton is acting to a greater extent like a republican than a democrat. Some evidence of this is that the President is proposing tax cuts for businesses, or the wealthy. They say that ordinary and low income people are suffering the most.