1. Government Spending & Budget
... the cost of living going up, it becomes harder to find a job. According to the Concord Coalition, real wages peaked in 1973 and have gone down ever since. If the economy grew as fast as it did in 1950, without a debt, the median family income would be $50,000, compared to the present median of $35,000 (Rau M-1). As of current ... be cut $182 billion under the GOP proposal. This would entail placing a cap on the programs spending, and passing control of it to the individual state governments. For an estimated 39 million low-income people on Medicaid in 1996, the GOP plan cuts the program...
- Word Count: 2844
- Approx Pages: 11
- Grade Level: High School