Papers on "Balanced Budget" and similar term paper topics
Paper #013147 ::
Balanced Budget
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Examines political causes & effects of unbalanced budget & growing deficit & recommends policy reform based on tax cuts, controlled spending, cost of living adjustments.
Written in 1997; 2,250 words; 11 sources;
$ 79.95
From the Paper:
" The federal government currently owes around $4.8 trillion and by the end of the decade the Clinton administration predicts that the debt will reach $6.5 trillion. By 2010, without appropriate action, that debt will have reached $8 trillion. Clearly a national debt that doubles in fifteen years of peace means that "there is something profoundly wrong with your budget and your finances" (Gingrich 90). The appropriate action to deal with the problem has two facets: 1) we must establish a "credible, year-by-year spending schedule" that will accomplish a balanced budget within the next six years; 2) a Balanced Budget Amendment must be passed by Congress and approved by the states in order to ensure that, barring emergencies such as war, such deficits never happen again (Dole and Kemp 57). A third aspect of balancing the budget is achieving tax cuts that will, along.."
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