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A Balanced Budget?
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A Balanced Budget?
This year President Clinton will submit his proposed legislation for the Federal Budget to Congress. The fact that we have divided government (ex., Democratic President, Republican majority in Congress) means the majority of that legislation won't make it through the first ten minutes of a Congressional session. The President in turn will veto legislation presented to him by Congress. The whole situation is a vicious, never ending circle. Each side is looking out for their own best interests, and after years, even decades of this the United States has a huge budget deficit. Is there a solution to all this madness? Is it feasible to balance the Federal Budget? Every politician on Capitol Hill claims to have the answer. The Federal Government goes as far to employ some of the most renowned economist's in the world to try to solve the deficit mess, and they still haven't figured it out. The budget simulation exercise by The Committee for a Responsible Federal Budget provided choices Congress has to use as its guide for the upcoming year. How hard can it be to balance the budget I thought? After doing the exercised I realized the title of the simulation exercise, "The FY 1997 Budget: An Exercise in Hard Choices," could not have been more appropriate. It is possible though to balance the Federal Budget, provided you follow 3 simple rules. First you must decide what you feel is important, then cut without consciousness, and if that doesn't work, alter your ba...
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