Monday, November 29, 2010

Liberal Groups to Propose Routes to Smaller De

Liberal Groups to Propose Routes to Smaller Deficit:

The federal budget and deficit have emerged as the nation’s foremost political issue. In fact, President Obama and his administration must determine a plan to shrink the national debt within the next week. With time expiring, liberal organizations propose fewer reductions in domestic spending, more cuts in the military, and higher taxes for the wealthy. They understand that immediate action is needed and both military spending and health care should face the financial “cutting table.” Although liberal organizations are facing the deficit reality, Washington remains ideologically divided over how to approach this growing problem. It will be interesting to see what the Democratic Party comes up with and if their plan compensates any liberal values.

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