Friday, February 8, 2013

G10

1) Healthcare and social security seem to be most important as they are some of the largest sections of spending in the proposed budget and have been added to significantly. Military spending has decreased and takes up a significantly smaller portion of the budget than in previous administrations.

2) The president's budget  increases revenue from income taxes as he asks the wealthiest Americans to pay more towards their government. He has also cut the defense budget. These are both things he promised in his election campaign. As he pulls troops from the Middle East and winds down the conflict in Iraq and Afghanistan, less spending is necessary.

3) Republicans will most likely disapprove of the tax increase because they, as a party, do not support high taxes and often promote themselves as opponents to tax increases.

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