The Concern of National Debt

The Concern of National Debt

The National Debt is large, and should be a major

concern to the economy. But a even bigger concern

is how our Government plans to balance the budget and

pay off the Federal Deficit.

I am not in favor of passing the National Debt on to

future generations, nor am I in favor of passing the

Republican's Budget Plan either.

The Republican's wantto sharply cut spending for Medicare

and Medicaid health benefits for elderly and poor

Americans in order to balance the budget by 2002 -

while also providing $240 billion in tax cuts.

I am in favor of balancing the budget but through many

different routes. 1) cut Social Security but have

Americans set-up tax free IRA's for their future. 2)

Make a politicians job not so glamourous. A mere

$35,000 dollars per year and a suitable benefits plan

like the majority of Americans have would be fine.

Maybe not so many greedy, power hungry indviduals

would want the job to make them richer and us

the American workers poorer. Maybe just maybe an

average american would take the job to help the

overall benefit of America as a whole and not just

worry what is in it for them. 3) Cut some of the

entitlements programs, but let the American people

decide where to cut. The Government should have

on-line voting, so our voices are heard.

The Republican's package is a tax cut for the rich, it;s

much more a tax cut for the middle class -- and a bad

deal for the working poor. But I do understand, no

matter where the cuts go, or who they hurt more, the

dollars must come out.

Take the dollars away from the rich and the greedy

politicians who want more and more each year for

their own benefit!! Most of these politicians are

set for life with their million dollar benefits