United States Federal Budget - Contemporary Issues and Debates

Contemporary Issues and Debates

Main articles: Political debates about the United States federal budget and Deficit reduction in the United States See also: Social Security debate in the United States and Health care reform debate in the United States

Topics frequently in the news in the 2010-2011 time period included: a) the effect of the Bush tax cuts and related extension; b) causes of deficit and debt increases; c) the effects of fraud, waste and earmarks; d) whether a "danger level" of debt exists; and e) the effects of globalization and free trade on employment, among others.

Read more about this topic:  United States Federal Budget

Famous quotes containing the words contemporary, issues and/or debates:

    The contemporary thing in art and literature is the thing which doesn’t make enough difference to the people of that generation so that they can accept it or reject it.
    Gertrude Stein (1874–1946)

    The current flows fast and furious. It issues in a spate of words from the loudspeakers and the politicians. Every day they tell us that we are a free people fighting to defend freedom. That is the current that has whirled the young airman up into the sky and keeps him circulating there among the clouds. Down here, with a roof to cover us and a gasmask handy, it is our business to puncture gasbags and discover the seeds of truth.
    Virginia Woolf (1882–1941)

    The debates of that great assembly are frequently vague and perplexed, seeming to be dragged rather than to march, to the intended goal. Something of this sort must, I think, always happen in public democratic assemblies.
    Alexis de Tocqueville (1805–1859)