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Thursday, March 14, 2019

Essay --

For historic period on end, the U.S government has been in a large amount of debt. By understanding what our bud go far deficit looks like, you ordain be amazed to instruct how much cash we spend each course. The government budget is a legal document that forecasts the government expenditures and revenues for a specific period of metre (3). A budget period is usually one fiscal year and our data shows that we ware been in a deficit for far as well as long which means that our government is expenditure a lot more(prenominal) money than we actually have. According to usgovernmentspending.com, the U.S spent 6.1 trillion dollars during this year of 2013 (1). With 20% to health care, 18% to pensions, 15% to education, 13% to defense, 9% to welfare, and the other 25% on everything else goes to show how much money we need to spend in order to keep this country running strong (1).Many throng have their own views and opinions on what we should do in order to get emerge of the hol e that we have created over the years. A reliable opening by the name of Nancy Pelosi who is a House Speaker stated, The best focus to reduce the deficit is to rise up our economy the best way to grow our economy is to act on the priorities in the presidents budget. President Obamas budget go out transform our economy and create jobs by cutting taskes for 95 pct of Ameri stubs, making healthcare more affordable and accessible, creating a new, clean naught economy, and modernizing our schools to prepare our workforce for global competition (2). I personally take with most of these ideas stated above because growing the economy and fixing the problems we have now will lower the deficit in the long run. first off by making healthcare more accessible to everyone will allow Americans to feel more stable and secure... ...eed to enforce a tax on greenhouse gases. As we all know, these harmful gases are cosmos elicited into the air every second of everyday. This would bring in mo ney for government funding and ca-ca people realize that the government isnt free. We also need to create other sources of energy production. This would lower prices for gas, make machinery operations less expensive, protect the environment and lower expenses on imports of fuel from other countries. With more energy reserves being established in the U.S. will also bring in a lot more jobs. A nonher option is to accrue foreign aid and military spending by a certain percentage. This would save our country billions of dollars. As you can see, there are many different routes we can take to decrease the budget deficit. We must all work together and figure out a way to diminish any extra spending that is not needed.

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