1. Government Spending & Budget
This would be done by incorporating $894 billion in spending cuts by 2002, with a projected 7 year tax cut of $245 billion. ... As of current fiscal years budget, the United States government spends $1.64 trillion yearly. $500 billion of that, or 1/3 of the total, is for discretionary spending (Rau M-1). This discretionary spending is the target for most cuts, and seems to be the easiest to make cuts in. ... Such cuts had already been partially implemented with the GOP cutting overall spending by 9.1% in 1996 alone. ... This would entail placing a cap on the programs sp...
- Word Count: 2844
- Approx Pages: 11
- Grade Level: High School