The FY2006 proposed budget includes a $390 billion deficit, not including potential expenditures in Iraq and Afghanistan or any social security reform measures undertaken -- a seemingly huge discrepancy between government revenue and spending (Cashell 2005, p. 1). President Bush has vowed to reduce deficit spending by half in the next five years -- and appears to be holding true to that promise, as the 2006 deficit is smaller than the $427 billion deficit in the FY2005 budget. But again, these numbers are not truly a reflection of the budgetary state of the government when they do not reflect the deficit as a ratio to revenue or as a percentage of total spending.
The final section of this paper, then, will examine if the current budget deficit is comparable to previous eras' deficits. What the author found when examining the latest federal budget was that while the aggregate deficit between government programs and government income grew, it remained a steady percentage of GDP (Budget of the U.S. Government, 2004). Other specific numbers given by the federal budget demonstrate that expecting the government to operate on a for-profit basis, like a business, is simply ignoring the primary function of government, which is to distribute federal revenues among the public.
While listing the specific numbers of each government program as a percentage of revenue is limited by space, a few specific examples are an especially demonstration of the functions of government; the long-run budget projections included in the 2004 budget showed a very slim margin between outlays and revenues, reducing the relevance of arguments about the size of the deficit (Budget 2004, p.41). A specific example of this is the amount of federal debt held by the public, which has actually declined in recent years even as the amount of budget deficit has risen (ibid, p. 299). In the 1990s, the amount of federal debt held by the public as a percentage of GDP remained...
S. debt. Conclusion Health care is a large part of the federal budget and it is increasing in importance. The rate of growth in health care outlays is greater than the rate of growth in the budget itself. The poses a problem, because the federal budget deficit is increasing in size. Debt service is going to be the most rapidly growing component of the federal budget over the next several years, highlighting
However, class-based differences in party identification remained prominent and actually grew stronger in the 1970s and 1980s, with upper-class and middle-class individuals identifying more strongly with the Republican Party" (309). Likewise, Pomerantz (1999) notes that, "While people change their party identity only rarely, the significance of that affiliation waxes and wanes over time" (37). Citing the research conducted by Wattenberg based on data collected in the National Election Studies
Women�s Rights and Funding for Family Planning at the National and State LevelsThe debate over whether women actually need any special legal protections beyond those enumerated in the U.S. Constitution as well as proper funding levels for family planning needs has been a source of concern among policymakers at the state and federal levels for decades. State-level proponents of increased federal funding cite the continuing disparities in earning between male
presidential election of 1992 was a tight race, compared to others in history. The struggle between the Clinton camp, which focused on a platform involving the economy, the Bush camp, who focused on a platform whose basis was trust and taxes, and the Perot camp, who relied on a business-style economic platform, all combined to form one of the most interesting and changing races in recent years. This paper
.....political ads changed over the last 60 years? Please use examples from the 1960's, 1980's and 2000's to support your answer. In the beginning when TV was first used in the United States by the public, political ads were scarce. In the 1940's and even through into the 1960's presidential candidates reached out to meet voters, shaking hands and holding town-hall debates. (Suggett) It was a commitment to vie for presidency.
Barrackobama.com) are the links to "Home," "Learn," "Issues," "Get Involved," "Blog," "Newsroom" and "Donate." Across the top of Clinton's Web site (www.hillaryclinton.com) she offers links to "Home," "Hillary," "Take Action," "Newsroom," "Blog," "Video" and "Contribute." In terms of substance put forward on health care and other national issues, Obama wins hands down on his Web pages. In Obama's "Issues" pull-down, he offers 11 links to issues that he has taken a
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