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How Does Obamas 2011 Projected Deficit Compare - Assignment Example

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The paper "How Does Obamas 2011 Projected Deficit Compare" states that to reduce the budget deficit, the president has to combine the use of budget cuts and spending. This will ensure that he will maintain a budget deficit below $200 billion and a re-election during the forthcoming elections…
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How Does Obamas 2011 Projected Deficit Compare
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The cuts and spending are provided in the succeeding section.
There should be a reduction in international affairs by 15%. Spending on general government, natural resources and environment, energy, veterans’ benefits, and general science should also be reduced by 15%, 15%, 10%, 2.5%, and 20% respectively. On the other hand, I propose a 20% increase in spending on military operations. Additionally, transportation, education, health, and administration of justice should each have a 5 percent increase in spending. Lastly, community and regional development should have a 2.5% increase in spending.

The budget deficit will be $199 billion hence an improvement in the capacity of the country to meet its budgeting demands. An increase in spending on defense will ensure that the country’s security situation is enhanced. Terrorists especially the al Qaeda group have been targeting the country for a very long time. There will also be an improvement in infrastructure, quality of employee skills, health, distribution of national resources, and administration of justice as a result of the increased spending in the respective areas. On the other hand, the hand will experience strained relationships with developing nations as a result of reduced spending on international affairs. Read More
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