Government Spending
As many Federal departments and agencies lurch into an era of running without
funds, the leaders of both parties of Congress are spending less and less time
searching for a compromise to balance the budget, and more and more time
deciding how to use it to their advantage on the campaign trail. Meanwhile money
is easily borrowed to pay for government overhead. In an attempt to change this,
on June 29, Congress voted in favor of HConRes67 that called for a 7 year plan
to balance the Federal Budget by the year 2002 (Hager 1899). This would be done
by incorporating $894 billion in spending cuts by 2002, with a projected 7 year
tax cut of $245 billion. If this plan were implemented, in the year 2002, the

U.S. Government would have the first balanced budget since 1969. There is doubt
by citizens that a balanced budget will become reality. A recent Gallop Poll
from January, 1996 showed the budget as the #1 concern among taxpayers, but 4/5
of those interviewed said they doubt the GOP will do the job (Holding 14).

Meanwhile, an ABC poll from November reported that over 70% of those polled
disapprove of the current performance by Congress, and most blamed politicians
for failure to take action (Cloud 3709). These accusations of failure to follow
through come with historical proof that Congress and Clinton have failed to
compromise and resolve the issue. After all, current budget plans are dependent
on somewhat unrealistic predictions of avoiding such catastrophes as recession,
national disasters, etc., and include minor loopholes. History has shown that
every budget agreement that has failed was too lax. One might remember the

Gramm-Rudman-Hollings bill that attempted to balance the budget, but left too
many exemptions, and was finally abandoned in 1990 (Weinberger 33). So after a
pain-staking trial for GOP Republicans to create, promote, and pass their
budget, as promised on campaign trail 94, Clinton rejected the very bill he
demanded. This essentially brought the federal budget back to square one.

Clinton thought such a demand on Republicans to produce a budget would produce
inner-party quarrels and cause the GOP to implode. Instead, they produced a
fiscal budget that passed both houses of Congress, only to be stalemated by a
stubborn Democratic President Clinton. Meanwhile, Clinton bounced back with a

CBO scored plan with lighter, less risky cuts to politically sensitive areas
like entitlements. Clinton's plan also saved dollars for education and did not
include a tax increase, but most cuts would not take effect until he is out of
office, in the year 2001. Although Clinton is sometimes criticized for producing
a stalemate in budget talks, the White House points out that the debt has gone
down since Clinton took office, with unemployment also falling. Republicans are
quick to state that Clinton originally increased taxes in 1993 and cut defense
programs, but his overall plan was for an increasing budget without deficit
reduction. Startling Facts about the budget: As of 1996, the national debt was
at an all time high of $5 trillion dollars, with interest running at a whopping
$250 billion per year (Rau M-1). This equals out to an individual responsibility
of more than $50,000 per taxpayer. Nearly 90% of that debt has accumulated since

1970, and between 1980 and 1995, the debt grew by 500%. Currently, the debt
grows by more than $10,000 per second (Rau M-l), and at current rates, a baby
born in 1992 will pay 71% of his or her income in net taxes. At current rates,
our government is about to reach its breaking point. If that's not enough to
scare a taxpayer, by 2002, 60% of government spending will be for entitlements,
and by 2012, these programs are projected to take up all government revenue (Dentzer

32). Not only economic development, but also family income is hurt by debt. With
the cost of living going up, it becomes harder to find a job. According to the

Concord Coalition, real wages peaked in 1973 and have gone down ever since. If
the economy grew as fast as it did in 1950, without a debt, the median family
income would be $50,000, compared to the present median of $35,000 (Rau M-1). As
of current fiscal year's budget, the United States government spends $1.64
trillion yearly. $500 billion of that, or 1/3 of the total, is for discretionary
spending (Rau M-1). This discretionary spending is the target for most cuts, and
seems to be the easiest to make cuts in. Overall, the difference between the two
parties budget plans is