Sample Essay on:
Causes and Effects: Current Government Taxation and Spending

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Essay / Research Paper Abstract

This 3 page paper discusses current government taxation and spending practices, and argues that money currently going to our huge defense budget, and the billion dollars per week going to Iraq, could be better spent for domestic programs. Bibliography lists 3 sources.

Page Count:

3 pages (~225 words per page)

File: D0_HVGovSpn.rtf

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Unformatted sample text from the term paper:

the point where the surpluses left by the Clinton administration have evaporated and the debt has soared into the trillions. This paper evaluates the causes and effects of the increased government spending since 2000; it also argues that money currently going to national security would be better spend on domestic social programs. Where the Money Goes According to a website designed with students in mind ("Student Voices"), Social Security and Defense are the two areas in the budget that receive the most money (Quattlebaum, 2006). The overall federal budget is proposed at $2.77 trillion, of which "Social Security will receive $586.1 billion in federal funding for the 2007 fiscal year, up 7 percent from last year and 27% of the total budget" (Quattlebaum, 2006). The Defense Department will get "$446 billion ... an increase of 4 percent from last year and 18% of the total budget" (Quattlebaum, 2006). In addition, the budget for defense "has outlined several key initiatives that will be continued from the previous year, especially the United States War on Terror" (Quattlebaum, 2006). The budget also includes a 2.2% increase in "base salary for soldiers" (Quattlebaum, 2006). In addition to these "big ticket" items, $89.9 billion is slotted for education and training, "an increase of 1.3 percent from the 2006 fiscal year" (Quattlebaum, 2006). With regard to this money, Quattlebaum says that the government has several new proposals, including a "new competitive grant program, Americas Opportunity Scholarships for Kids, to expand the educational opportunities available to students in chronically low performing schools;" "a comprehensive approach aligned with the key principles of the No Child Left Behind Act"; a series of "math and science initiatives" for grades K-12 to help improve student learning in these subjects; and "a National Security Language Initiative designed to strengthen the national capacity ...

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