Needs vs. Wants

"Forcefully rejecting Republican budget cutting plans, President Barack Obama on Wednesday proposed lowering the nation's future deficits by $4 trillion over a dozen years with a package that includes reducing spending on politically sensitive health care programs and raising taxes on high-earning Americans."

When will people realize that raising taxes is not the way to reduce the nation's debt? First of all the rich old farts that have all the money employ MILLIONS of regular people like us! If they have to pay more taxes, then obviously they won't have as much money to pay their middle class employees. Or perhaps they won't loan their money or invest in other businesses as much. Something to think about.

It's time we cut spending in areas we don't really NEED. If American families expect this of the government then they must do the same. Figure out your own budget. If more people in our society decide to be responisble with their own money, it will have a profound effect on our government spending, economy, and happiness.

In order to continue helping the poor, sick, and needy in our country as well as in other countries we need to work on our spending and cut way down on things that don't matter. Seriously.

The Federal Budget

"A budget tells us what we can't afford, but it doesn't keep us from buying it."
— William Feather


A little bugged by government spending?
Yep. A lot of people are.
What is the congress approval rate?

http://www.gallup.com/poll/145238/congress-job-approval-rating-worst-gallup-history.aspx

http://www.gallup.com/poll/146567/congressional-approval-back-below.aspx

http://www.gallup.com/poll/146948/Americans-Give-Equally-Low-Ratings-Parties-Congress.aspx

Ok so... we have a $3.5 trillion federal budget
We have $14.2 trillion in national debt
How can the U.S. afford to cut only a few billion from the budget?
hmmm... this is kind of how I see it.
Let's say I make $2000 a month.
Yet I set my budget @ $3000.
That doesn't follow right?
I obviously have to use the old credit card...
When my debt gets to be too high i decide to cut back.
Let's cut a few dollars off this year, honey...
By a few I mean like $2. the end.

*Check out these websites to find more about the federal budget, deficit, budget cuts, and what is going on in Washington.


http://www.washingtonpost.com/wp-srv/special/politics/budget-2010/
http://www.federalbudget.com/ http://www.msnbc.msn.com/id/42467884/ns/politics-capitol_hill/?GT1=43001 http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo5.htm