Advantages And Disadvantages Of Dumas Maugile
POL201
ESSAY 2
Dumas Maugile
The federal budget of the United States is the legislation dictating how much money the federal government is entitled to spend in one fiscal year. It is proposed by the president get but must be reviewed and then passed by congress to pass it and put it into law, then sending back to the President for his signature. There are numerous rules and regulations that congress must follow when making decisions to do with the budget; essentially congress will set spending limits which will be passed down to various subcommittees who will then apportion money to all the different federal programs that are to be covered by the budget.
The federal budget is split into two main categories, known as mandatory and …show more content…
The biggest issue seen with these two programs is that they are costing the country more than it can afford – essentially the taxes used to fund these programs do not meet the amount of money promised to the individuals who have paid these taxes their entire lives to receive benefits upon retirement. As more and more people retire, more money is to be paid out to these individuals, at a rate that the program was not designed to account for. Critics of these programs advocate raising the retirement age and cutting the amount of money paid out at that time. Proponents of these programs whoever see these changes as unfair to the elderly and consider it ‘unnecessary’, they would also argue that higher benefits for the elderly allow them to spend more money in their retirement, contributing to economic growth. The debate is slightly less heated when it comes to Medicare as political advocates from both sides of the political spectrum agree that many aspects of the program are not cost effective. In the discretionary field, debates tend to revolve around funding to assistance and regulatory agencies such as the EPA and OSHA, with conservatives tending to argue that smaller government is better and liberals tending to believe that funding must not be cut in order to protect the country and its assets/people in the future. Another political battleground is on the topic of military spending, by far the biggest slice of the discretionary spending section of the budget. Critics of high military spending argue that it is unnecessary and should be returned to pre-9/11 levels, after all the Department of Defenses’ budget accounts for 40% of global arms spending. They would argue that spending huge amounts on our military (over 600 billion in FY11) is severely damaging the United States’ ability to correctly fund domestic
ESSAY 2
Dumas Maugile
The federal budget of the United States is the legislation dictating how much money the federal government is entitled to spend in one fiscal year. It is proposed by the president get but must be reviewed and then passed by congress to pass it and put it into law, then sending back to the President for his signature. There are numerous rules and regulations that congress must follow when making decisions to do with the budget; essentially congress will set spending limits which will be passed down to various subcommittees who will then apportion money to all the different federal programs that are to be covered by the budget.
The federal budget is split into two main categories, known as mandatory and …show more content…
The biggest issue seen with these two programs is that they are costing the country more than it can afford – essentially the taxes used to fund these programs do not meet the amount of money promised to the individuals who have paid these taxes their entire lives to receive benefits upon retirement. As more and more people retire, more money is to be paid out to these individuals, at a rate that the program was not designed to account for. Critics of these programs advocate raising the retirement age and cutting the amount of money paid out at that time. Proponents of these programs whoever see these changes as unfair to the elderly and consider it ‘unnecessary’, they would also argue that higher benefits for the elderly allow them to spend more money in their retirement, contributing to economic growth. The debate is slightly less heated when it comes to Medicare as political advocates from both sides of the political spectrum agree that many aspects of the program are not cost effective. In the discretionary field, debates tend to revolve around funding to assistance and regulatory agencies such as the EPA and OSHA, with conservatives tending to argue that smaller government is better and liberals tending to believe that funding must not be cut in order to protect the country and its assets/people in the future. Another political battleground is on the topic of military spending, by far the biggest slice of the discretionary spending section of the budget. Critics of high military spending argue that it is unnecessary and should be returned to pre-9/11 levels, after all the Department of Defenses’ budget accounts for 40% of global arms spending. They would argue that spending huge amounts on our military (over 600 billion in FY11) is severely damaging the United States’ ability to correctly fund domestic