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Balanced Budget
Title: Balanced Budget
Category: Law & Government / Government & Politics
Details: Words: 1915 | Pages: 8.1 (approximately 235 words/page)
Balanced Budget
Balanced Budget
Thomas Jefferson stated, "I place economy among the
first and most important virtues, and public debt as the
greatest of dangers. To preserve our independence, we must
not let our rulers load us with perpetual debt" (Grinsburg
1). This quote illustrates the importance of maintaining a
balanced budget; therefore, it is necessary to stand firmly
resolved that the government should balance its budget.
Three main arguments uphold this premise. They are as
follows: 1. It …showed first 75 words of 1915 total…
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…showed last 75 words of 1915 total…Return Any Budget Surplus to the
Taxpayers." Congressional Record. Daily ed. 24 Feb,
1998, p. S882-884.
Hatch, Orrin G. "Balanced Budget Amendment to the
Constitution." Congressional Record. Daily ed. 10 Feb
1997, p. S1152-1187.
Huntington, Samuel P. "The Erosion of American National
Interests." Foreign Affairs. Sept-Oct 1997, p.28-49.
Hutchinson, Kay Bailey. "The Budget." Congressional
Record. Daily ed. 5 Feb 1997, p. S985-988.
Koretz, Gene. "Economic Trends." Business Week. 19 Jan
1998, p. 1.
Krugman, Paul. The Age of Diminished Expectations. The MIT
Press, Cambridge, Massachusetts, 1997.
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