Tuesday, February 2, 2010

THE PRESIDENT AND THE FEDERAL BUDGET

An Editorial.

Well, even after publicly announcing his plans during the State of the Union address last week, you can't be surprised that President Barack Obama's proposed 2011 Federal budget is being analyzed by everyone for everything with a fine toothed comb and an electron microscope.
Although it does weigh in at a hefty 3.8 trillion dollars, none of the decisions made into what is and is not within the plan were made lightly.
Small businesses, along with low to middle income Americans will be receiving most of the tax cuts and programs, while big business and those in the upper income brackets will be (as one pundit pointed out) "finally paying their fair share".
Social Security, Medicare, Medicaid, Homeland Security, and the military also are well covered in the proposal, which still has to receive Congressional approval.

But seriously folks, something does need to be done to help this country back on the road to (economic) recovery.

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