Sunday, February 21, 2010

Spending What We Can Afford

Both the President and Congress develop a budget for our federal government. Together they decide how much money should be spent on different things such as health care, education, education, etc. Congress passed a "pay-as-you-go" budgeting plan. This plan may also be known as "paygo". This spending plan is a plan that the government can only use money that they currently have instead of borrowing the money from someone else. Many people aren't happy with the way that the government is spending the money. They keep borrowing money for more entitlements and our country is growing deeper and deeper into debt. People that are opposed to this new program say that this new budget program will cause taxes to increase in order to pay for the new programs.

I think that this paygo plan is a good plan for our government to use. This is better because our government can only use money that they have in funds. It will allow our government to manage their money better because they know that they only have a certain number of dollars to work with and they will have to be more aware of where they are using the money. They won't be able to borrow from other countries and it will help to lower our debt some because we aren't using money that we don't have on ne programs that our government is paying for.



Issue #1 War Dollars


Issue #3 Social Insecurity

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