Block A, E
Please click on link below and read the article, and watch the videos
http://www.cnn.com/2012/02/13/politics/obama-congress-budget/index.html?hpt=hp_t1
Please read article and write (at least) a 100 word essay on the following questions. What are the Democrats and Republicans advocating for the 2012 Budget? What type of savings is the Pentagon going to have over the next ten years? Will the Budget raise taxes? If so, how much? Are there going to be any tax breaks? If so, how much? What is your opinion on the Budget? In your opinion, will the 2012 budget help our economy?
Due by Friday, February 17, 2012 by 10:00pm
Melissa Perrotti
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The Democrats and Republicans argue that they will bring the economic growth needed to encourage the meaning of reductions in the federal deficit and rising national debt.The type of savings the Pentegon is going to have over the next 10 years is that the army will be saving money by taking out two of its four brigades out of permanent bases in Europe to bases in the United States.Every ten years taxes raise $61 billion.Yes, there will be tax breaks about $1,000 a year. My opinion on the budget is that its going to affect a lot of the middle-class families. I also belive that the 2012 budget will not help our economy.
Nicole Medina e block
ReplyDeleteThe democrats are definitely interested in increasing jobs. He wants to also increase manufacturing. He wants the big companies to invest in new plants. So they can create employment opportunities. The Pentagon will need to cut millions every year. These reductions will be based on the review of the missions, roles and capabilities of the government. Obama wants new cuts to the US nuclear forces, including a reduction of up to 80% in the numbers of deployed weapons. They are developing alternatives approaches nuclear deterrence. In his budget he plans to increase budget rates for the people that make alot of money yearly. Some believe specially Republicans that this new tax would push investors into spending money overseas. I think that the budget is the most difficult task that a president has. It has to be perfect so that it is balanced to be able to meet the needs of the people and also not be so expensive to cause damage to our future.
Nataly Bello E block
ReplyDeleteObama spoke about the 4 trillion dollar budget and all the things we should and need to do. He listed many examples as to what we should cut back on. Some of those being that everyone deserves a fair shot, which is the type of society that we live in today. When Obama took presidency the budget was set at 1 trillion dollars though he took all the necessary steps in order to take our economy out of a recession resulting in the 4 trillion dollar budget. Over the next 10 years the army will take out four bridges out of permanent bases. Not to mention the taxes will go up around 61 billion dollars about every 10 years, though there will be tax breaks. My opinion on the budget is Obama talks a lot about change and what not though I don’t feel he is actually trying to make change happen. But then again my opinion may be incorrect.
Jennifer Leon
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Republicans and Democrats spoke out on Tuesday over President Barack Obama's $3.8 trillion budget proposal, which is fast becoming a major issue in the 2012 presidential campaign.Democrats continue to display timidity and confusion and are often too ready to compromise, but they have generally proposed balanced approaches to solving the nation's ills. Republicans on the other hand have taken several extreme and dangerous positions.The Pentagon will keep growing and eating up more of the federal budget.The Pentegon is going to have over the next 10 years, that the army will be saving money by taking out two of its four brigades out of permanent bases in Europe to bases in the United States.Taxes will rise to $61 billion but there will be a tax break, it will be $1,000 a year. I don't think its's going to help our economy because so far I haven't seen much change.
CANADA_BOUND! (: <33333
Christina Lopez
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The Democrats are advocating spending cuts and increased tax rates and investments in rebuilding bridges and highways while Republicans are arguing for lower tax rates and deeper spending cuts.. Over the next ten years, the Pentagon plans to spend $487 billion less. Yes, the budget plan will raise taxes. It will raise taxes by $1.5 trillion. I personally don't think that this budget plan is going to help our economy in any way, shape, or form. I, along with many Republicans, think it is a "political plan for the president’s reelection." President Barack Obama doesn't seem to know what he's talking about. He just knows how to talk, a lot. I think America needs to see him stick to his word because right now I don't buy it.
Erick Cepero
ReplyDeleteWhat I think about those two parties thinkin gof the money that Obama will be spending? well I just think that hes crazy spending a lot of money and just trying to get back on track and which i understand about that he wants America to get back on track with the economy. What i guess how much will the pentagon save over the next ten years would be like maybe about 1.4 trillion dollers over the next ten years. Plus in our economy is that right now they are increasing taxes and if they do raise taxes then i guess it would be like about 10-20% of the taxes that we are gonna be paying more then what we are paying now. if we do get tax break, then that will be a great chance for us and with emplyees now trying to make more money before we are done with our tax break. Right now with the budget that Obama is spending, i think he's crazy with what he's doing right now i guess beofre the economy was going up and up, but now with this dumb budget that Obama is doing. He's gonna make America be off track and not on track like we should right now
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ReplyDeleteAmyeric Gooden
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President Obama is planning to impose new taxes on the wealthiest families. The alternative, he said, would be more-painful cuts in government spending programs such as defence and retirement programs for the elderly.Republicans are arguing for deeper spending cuts and a frontal assault on the biggest drivers of the deficit, the soaring costs of Medicare and Medicaid, which are health programs for the elderly and the poor.The Obama budget proposes spending $3.8 trillion in the 2013 budget year. Obama has proposed lowering that tax rate but has not said by how much it should be lowered. The president has also proposed ending tax breaks for U.S. companies moving jobs or profits to foreign countries while suggesting tax breaks for businesses that move jobs back to the United States. I think it will work because small businesses will be receiving tax breaks while the wealthier families will be paying more taxes.
Fabienne St. Fleur
ReplyDeleteThe Democrats and Republicans were arguing about different things that they feel that need to be done. One of the issues that they were arguing about was Obama’s 4 trillion budget. The Pentagon plans to spend less then 487 billion over the 10 years. The way that the Army going to save up by pulling two of its four brigades out of permanent bases. Of course the tax will raise maybe not by a lot but for sure it will rise. For them wont see a lot but for me I think it will be a lot because I will taxes are high and I have a job so taxes does affect me also. The budget will make the taxes go up to 1.5 trillion. Yes, there will be a break it will be 1,000 a year. I honestly don’t approve this budget because that’s a lot of money we can use to help us in something else. Then I could be wrong and it can make a change in my life.
Both the Democrats and the Republicans were arguing about the things they've felt that needed to be done. The Democrats are advocating a balanced approach to an economic growth. While the Republicans are arguing for the frontal assault on the biggest drivers of the deficit and also on spending cuts. Obama's budget posses spending about $3.8 trillion in the year 2013. Of course the budget will raise taxes. I think anything that happens to the economy causes taxes to raise. So there's no doubt about that. I really have no clue if there are going to be tax breaks or not. I don't really approve of this budget. People these days are really struggling and I think that money could be used to help them or to help us. Possibly do something that we all need. I think this budget will help out the economy a little bit and at the same time not.
ReplyDeleteHarris Williams
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The democrats are advocating a balanced approach to economic growth including spending cuts, increased tax revenues in
Investment in rebuilding infrastructure such as highways and bridges. Republicans will argue for deeper spending cuts and lower tax rates. The type of savings the pentagon is going to have over the next ten years is 487 billion dollars. The budget also raises taxes by $1.5 trillion, including a provision to allow the expiration of Bush-era tax cuts on families earning more than $250,000 a year, as well as incorporating the so-called Buffett Rule that requires households earning more than $1 million to pay a 30% tax rate. There will be no tax breaks. My opinion on the budget is how much you spend the more you going to loose and you need to save money instead of spending it. My opinion on how the budget will help our economy grow is quit spending so much money on things that you do not need all you should do is save that’s it. Saving is the most you should do in this world.
Democrats are backing up a balanced approach to economic growth. Republicans say they want deeper spending cuts and lower tax rates. The Pentagon plans to spend 487 billion dollars less over the next 10 years. The budget will raise taxes by 1.5 trillion dollars. There will be a tax break affecting 160 million Americans, which saves the average family about $1,000 a year. I can’t say whether I agree with it or not because I have no idea if 3.8 trillion dollars is a good budget or a bad budget. Taxing the rich is the best part of the plan in my opinion.
ReplyDeleteCharlene Villalba
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The Democrats and Republicans are advocating that both parties are proposing different plans for the amount of money lost in the last couple of years.The Democrats plan for 2013 budget is to cut spending, increase tax revenue and cut back on building highways and other buildings. Republicans on the other hand want to reduce spending and lower tax rates. Both parties agreed that congress should extend the payroll tax cuts and to also reach out the unemployment benefits. They also agree that both plans will help reduce the federal budget deficit and other debts. In the next 10 years they are going to have to raise taxes by $61 billion from big financial institutions. Yes there is going to be a tax break which according to the article its going to affect 160 millions of Americans and family will start saving $1,000 a year. I think the budget plan looks good hopefully they go by what they say and really try and help the economy.Besides that way giving small businesses a tax break will help them expand, also it will give the chance to increase employment.
The new plan on taxes is to make the wealthier to spend pay more taxes. He plans on cutting spending on yhings that he feels will be okay. The republican and democrats ate fight for to different plans when it come to taxes. But having the people who make more money then the average houswhold should pay .more in taxes. The presodent feels thay amerixans will be able to save more money every year. Also that the government will have more money. The preaident didnt exact numbers on how muxh he will raise prices for American citizen. I think it is a good idea
ReplyDeleteAdam Chocron
ReplyDeletePresident Obama announced his 3.8 trillion dollar budget on Monday. Obama listed a lot of ways we should cut back on spending. Obama first year as president his budget was set at 1 trillion dollars. Fast-forward to 2012 the budget has grown to 3.8 trillion. In the next 10 years the government is going to raise taxes by $61 billion. Yes there is going to be a tax break in the years to come. It is going to affect 160 millions of Americans. I don’t know what is going to happen next year but America has been though worse. I am sure that America will get through this and be even bigger than before.
Obama discussed his $3.8 trillion budget plan on Monday that focuses on spending money on infrastructure and education to cause economic growth. The Democrats supportive by including spending cuts, increased tax revenue and rebuilding highways and bridges, but the Republicans on the other hand argue for deeper spending cuts and lower tax rates. The Pentagon plans in the next ten years to spend $487 billion, by pulling two of its four brigades out of permanent bases in Europe to bases in the United States, and get rid of older ships that don't have the latest ballistic missile defense. With this plan taxes will raise to $61 billion but there will be a tax break of $1,000 a year. My opinion is that this plan is not going to work like how he expects it too. People are not going to like it and isn’t going to want to support it to make it work as its suppose too. To help the economy he needs to start with the health system and welfare. He needs to help the poor and the middle class instead of bring them down with more taxes. The money should be used more efficiently than what he has planned.
ReplyDeleteAshley Nelson
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While the White House and Democrats are advocating a balanced approach to economic growth, the Republicans argue for deeper spending cuts and lower tax rates. The Pentagon plans to spend $487 billion less over 10 years. The Army will save money by pulling two of its four brigades out of permanent bases in Europe to bases in the United States. The budget also raises taxes by $1.5 trillion. The president will unveil a plan to reform corporate taxes. I think the budget will work because small businesses will get tax breaks which a less chance for them to go out of business and big businesses will have to pay more.
Aliyah Coleman
ReplyDelete2/21/2012
Late Work
Both the Democratic and Republican parties contend that their positions will bring the economic growth needed to stimulate significant reductions in the federal deficit and rising national debt. The Democratic party is more into creating jobs and increasing tax revenues, while the Republican party is more into deeper spending cuts and lower tax rates. The Pentagon plans to spend $487 billion less over 10 years, a course that Secretary of Defense Leon Panetta has already laid out in some detail. Which means that the budget also raises taxes by $1.5 trillion, including a provision to allow the expiration of Bush-era tax cuts on families earning more than $250,000 a year, as well as incorporating the so-called Buffett Rule that requires households earning more than $1 million to pay a 30% tax rate. I think the budget is a move in the right direction. I believe it will immensely help our economy.
E Block Cuuhhh....
ReplyDeleteThe democrats are advocating a budget which will build growth in our economy, Including spending cuts, & increased taxes. The democrates are more out trying to do for the non-wealthy people. The budget that Obama addressed has become a problem in the 2012 campaign. The pentagon will have over 4 trillion dollars in savings if the budget goes throughas planned. Obama said that the administration would propose elimanating a number of current business tax breaks in a effort to lower the corporate tax rate. Obama wants to lower the tax rate but he has not said how much hw wants it to be lowered. He wants to also ends tax breaks for U.S companies moving jobs or profits to overseas countries. He suggested tax breaks for businesses that move jobs back to the U.S. He have not yet stated the tax breaks expenses. I think Obama plan towards the budget is thoughtful for the lower and middle classed people. Bit the budget is the budget we all going to still be broke if we don't grind, work hard, & establish ourself so...... Yea! I think the budget will help our economy but will it lower the crime rate in our society is the question.? These people need to hand out jobs and stop selling dreams like FORREAL!
Late Work Sorry Morales..It Slipped My mind ! Gotta start writing things down BUT ONTO MY RESPONSE.
ReplyDeleteThe Democrats are advocating a campaign that leads towards cutting spending, increased tax revenue and investments in rebuilding infrastructure. The Republican party are leaning towards lowering taxes and even deeper spending cuts. The Pentagon "plans" to spend $487 Billion less over the next 10 years. The budget raises taxes by $1.3 trillion dollars which in my opinion is outraegeous. By the way the economy is looking as of today the struggle will become even harder for Americans who are barely making it, living paycheck to paycheck just to meet the basic needs. Even the recession may seem like its coming to an end people are still losing jobs and suffering through the losses of the homes and lack of income. The tax break is estimated to affect about 160 million Americans, saving the average family about $1,000 a year. If this plan is successful, Obama will gone down in history for clearing up another president's mess. It's important and crucial as upcoming voters that we look closely as to who we vote into office.
Allyson Arias
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Republicans and Democrats spoke out on Tuesday over President Barack Obama's $3.8 trillion budget proposal, which is fast becoming a major issue in the 2012 presidential campaign.Democrats continue to display timidity and confusion. Democrats have generally proposed balanced approaches to solving the nation's bills. Republicans have taken many extreme and dangerous positions.The Pentagon will keep growing and eating up the federal budget.Taxes will rise to $61 billion but there will be a tax break, it will be $1,000 a year. I honestly doubt this will change the economy at all.
Keyondra Hughes
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Blog #2
The democrats and republicans are adovating a $3.8 trillion budget that hikes taxes on the rich, spends new money on infrastructure and education, but does little to reform the entitlement programs that pose the biggest long-term threat to the federal budget. The type of savings the pentagon is going to have over the next ten years is $487 billion less over 10 years, a course that Secretary of Defense Leon Panetta has already laid out in some detail. The budget will raise taxes by $1.5 trillion dollars. There will be no tax breaks. My opinion on the budget is that the prices is going to rise and it will be better next year after someone gets elected at the 2012 election. The 2012 election will help our economy a lot because we will have a better president.