http://www.nytimes.com/2013/03/24/us/politics/senate-passes-3-7-trillion-budget-its-first-in-4-years.html?hp

So the US Senate, controlled by the Democrats, has just passed $3.7 trillion budget that is quite different from the budge proposal made in the House, controlled by the Republicans. With the President also having a different budget plan, it seems like the disagreement is even harder to settle. Which is more important, economic growth through increasing government spending or balancing the budget by raising taxes and cutting back? Other questions that can be asked are, does spending more really create new jobs? How sure are we that we are not pouring money into a leaking bucket? All the groups involved in the debate share the common goal: doing the “right” thing for the US to get back on track of economic stability and growth. It will be a difficult task for America to decide on which path to take. But whichever it may be, a decision must be made and something should be done.

 

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