Friday, February 19, 2010

Issue #2




Congress passed a pay-as-you go budgeting messager in 2007 to help with the budget deficit. Having this “paygo” will cause tax increases and program cuts, this will make entitlement spending be offset with ruductions in spending elsewhere. Some say that pay as you go is a good thing because it shows that Congress knows about the budget deficit and that they are trying to fix it. Some say that this will help stop national debt from rising which they think could lead to economic downfall in the future. Others who don’t agree with the pay as you go will just make taxes rise and will hurt Americans and the economy. They think budget deficits should be eliminated by the growth of our economy not by tax increases and budget cuts. They also believe it will restrict Congress's ability to respond to national emergencies. Having these program cuts and budget increases they think it will anger voters.

I that this is a good thing to have, because than we will start paying off our debt. Obama said that this should be a law that we have to "Pay for what you spend is basic common sense." There are other representatives that believe this is responable and necessary. Even though this might cut some programs and raise taxes we will be able to get rid of our debt that was created over the years.


Issue # 1- Taryn's Blog
http://tarynthompson.blogspot.com/2010/02/federal-budget-issue-1.html


Issue # 3- Amanda's Blog
http://amandapeck4.blogspot.com/2010/02/issue-3-social-insecurity.html

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