EXTRA CREDIT HOMEWORK ON THE NATIONAL DEBT :: Essays Papers

EXTRA CREDIT HOMEWORK ON THE NATIONAL DEBT First, I would like to bring to your attention that I did forget to copy the URL because I could not get back to where I wanted. I did use the general topic National Debt, Time Magazine and Time Daily. I did get part of the URL http://pathfinder.com that is all. I am not good with computers and trying for hours just to get the web created much frustration. I hope you will still consider my work. The national debt at the minute is $4,987,184,610,949.10 and increasing $616 million every day. I do not think that the debt will ever decrease but will continue to increase. I think it is in nice terms that the government is trying to do something about it. They are creating difficulties in the process. They are going to agree. As of today, November 14, 1995, the government has shut down. The national parks, nonessential federal agencies are closed. Layoffs consist of 800,000 federal workers. No one will get paid that works for the government until they agree. These particular draw backscreate the question as to if the budget is worth it. Along with the layoffs and businesses closing, thetaxpayers paying $1.2 million dollars for every day that the goverment is closed. They should just raise the taxes if this is going to occur for awhile. The biggest problems occuring are increasing Medicare premimums, agreeing on a budget plan, and the tax cut. Clinton says he can do it in nine years, congress wants it done in seven. They already know, pretty confident that Clinton will veto the plan again. The tax cut is wanted to be at $245 million constant over a seven year period. Also, a $500 -a- child tax