Preview

Why Is The Federal Budget So Important To The Preamble

Good Essays
Open Document
Open Document
730 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Why Is The Federal Budget So Important To The Preamble
The way that the American Government spends its money is very important. Also the government must remember the Preamble goals when creating the Federal Budget. The Preamble established five purposes of the Constitution: establishing Justice, insuring Domestic Tranquility, providing Common Defense, promoting the general welfare of citizens, and securing the Blessings of Liberty to ourselves and our Posterity. After evaluating the federal budget, it is evident that the budget is split into three clusters: the Big Five, the Middle Five, and the Little Guys. It is imperative that the importance of each category is determined. In each of the three budget clusters, the US Government should make adjustments in the way it is distributing money. After …show more content…

That group is then further split into five separate parts: Medicare and Medicaid, Social Security, Defense, Safety Net programs, and Interest on the national debt. “The Big Five make up 82% of the federal budget” (Document C). Changes involving the big five could include extracting money from the Defense section and putting it into the National Debt Interest section. “$716 billion is going to defense while only $225 billion is going towards the interest on national debt” (Document C). “The Defense section of the budget is related to the preamble by providing for the common defense, while the Interest on National Debt is put in place for the general welfare promotion and insuring domestic tranquility” (Document C). There is more than enough money going to defend our country’s citizens, but there is not enough money going toward changing America’s debt situation. If money is going towards paying off the debt, then the nation of America is better off economically. Not only are there changes that should be made with the Big Five, there are also changes that need to be made in the middle …show more content…

That group is then expanded into five smaller parts: Natural resources and environment, General science and space, Energy, FBI, and National Park Service. “The little guys make up only 3% of the federal budget” (Document E). Changes within the little guys could involve taking money from the General Science and Space section and putting into the FBI section. “There is only $8 billion going towards the FBI, meanwhile there $31 billion going to General science and space” (Document E). “The General Science and Space section support general welfare, while the FBI offers common defense and secures liberty” (Document E). The FBI could use some more money because the crime rate is high in America and it has a negative impact on society. NASA is not as relevant to society as the FBI

You May Also Find These Documents Helpful

  • Satisfactory Essays

    * While it is true that we spend nearly half of our budget on the military, ti would not cut down the debt. In order to do that, we would have to allocate funds specifically to pay it back, and it would barley be dented by a quarter of one years budget- the national debt is Huge right now (talking trillions)…

    • 300 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Fiscal Policy Paper Eco372

    • 1420 Words
    • 6 Pages

    The United States deficit, surplus, and debt will always have an impact on taxpayers. In the state of high deficit the government seeks ways to cut and save money for debt payment. The government does this by pulling funding from programs that have little government impact. Increasing taxes also supplies the government with extra income. In addition to the reduction or elimination of certain tax credits, the government analyzes school funding for cost effectiveness. Each step the government takes has a trickling effect on taxpayer’s dollar.…

    • 1420 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    National Budget Hero

    • 1960 Words
    • 8 Pages

    The goal was to implement a mix of financial decisions, represented as “cards,” from each of the nine categories, in an effort to reduce the deficit, decrease our national debt, and extend the budget bust as far out into the future as possible. Additionally, three “badges” could be selected to serve as goals, based on various positions, including social, economic, political,…

    • 1960 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    U6 Assessment

    • 606 Words
    • 4 Pages

    2.3 Explain the purpose of identifying timescales, priorities and financial resources needed when preparing a budget and ways of doing so…

    • 606 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Balancing Federal Budget

    • 613 Words
    • 3 Pages

    I am going to raise the individual income tax which might anger people; however I am lowering the excise taxes which is for gas, etc. I am also raising corporate income taxes because big franchise companies can afford to give up some of their income to be able to give more elsewhere. I thought lowering the social insurance and retirement receipts was a good idea because there are programs and benefits that are already implemented into this and the extra money will be put in areas that do not have extra help and rely just on the money inflow. I increased the other category because since it incorporates multiple programs, the big increase will be spread across a lot of different programs therefore, to each individual program it will not be a big increase. I lowered the National Defense spending because since we won the war overseas, we are bringing more and more troops home and even though it is not a “total peace time,” we do not have to spend as much as…

    • 613 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    The Federal Budget is used for many different necessities in America. It`s used for medicare, social security and more. One portion of our federal budget goes towards our military. Americans should spend less tax money on foreign armies, and more towards defense against terrorism.…

    • 391 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    ▪ Belief that the U.S Constitution is the supreme law and should be held as so…

    • 270 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The Preamble was written for the well being of out country. The Preamble tells you what is given to us that helps make our place of living better. All parts of the Preamble are very important. Although some are more important than others. The Preamble does not just say these are for only certain people, like the rich and wealthy, but for all people Securing the Blessing of Liberty to ourselves and our Posterity is one of the most important items in the Preamble.…

    • 190 Words
    • 1 Page
    Satisfactory Essays
  • Better Essays

    Balanced Budget Amendment

    • 1333 Words
    • 6 Pages

    There is a lot of debate for a Balanced Budget Amendment in the United States. The trade-off between “discipline” and “flexibility” is at the core of the debate surrounding the establishment of a Balanced Budget Amendment[2]. Those who oppose a Balanced Budget Amendment argue that it may…

    • 1333 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Remember the “Space Race” against Russia? What would have happened if we had shut down NASA before that? Getting a man to the moon was a Cold War victory! Shutting down funding for space exploration would be utterly devastating. Did you know that we can do research in space that we can’t do on earth? In space, we can understand more about gravity, and how machines work in different conditions, special medical research can be done in space, and there are many ways NASA improves on your everyday life that you didn’t even know. NASA is an American space program put forth to explore and learn from space currently funded by the U.S. government. Some say that Nasa should be cut off from government…

    • 1278 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    pop squad

    • 378 Words
    • 2 Pages

    Rising health-care costs are at the core of the United States ' long-term fiscal imbalance. Social Security costs, by comparison, are projected to increase from five percent of GDP to six percent over the same period. It is no exaggeration to say that the United States ' standing in the world depends on its success in constraining this health-care cost explosion; unless it does, the country will eventually face a severe fiscal crisis or a crippling inability to invest in other areas." Foreign Affairs In this article, Peter R. Orszag, former director of the Congressional Budget Office, argues that "there is no credible path to reducing the long-term fiscal imbalance in the United States other than directly addressing high-cost cases in health care."…

    • 378 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The history of Congressional budgeting is a largely long and compounding series of passed laws and reforms like much of the rest of Congress. The early history of the Congressional budget was a story of decentralized requests from each consecutive administration. These requests were not coordinated or funneled through any specific agency. Budgetary requests were handled by Congress through its committee system meaning that committee chairs held supreme authority over any requests that came their way. This led to deficits in the late 19th and early 20th century that were the stimulus for the first budget reform acts by Congress.…

    • 775 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Thesis Statement: I think if the United States were to legalize marijuana in the 21st century, would it lead to a decrease in crime and create a stimulus for the economy. I am going to show that the taxpayers are forced to pay billions of dollars to prosecute, and incarcerate people for having marijuana. If marijuana were legal and regulated (like alcohol and tobacco) this money, plus tax revenues from marijuana sales could be used for other purposes such as education and health care.…

    • 355 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    School Budget Philosophy

    • 624 Words
    • 3 Pages

    School Budget Philosophy Test User EDLE 665 Finance July 11, 2005 Can it fit on a bumper sticker? The process of developing an effective school budget is guided by two fundamental truths; first, that schools exist to educate students, and second, that the process by which the budget is constructed and the results of said process must be easily articulated by all stakeholders.…

    • 624 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Today as we watch our federal debt grow by the second, we realize there is no real plan by Washington politicians to begin addressing the problem. One main driving factor in our nation's debt is the federal government's social programs that have done nothing but grow since being introduced in the 1930s. The per-capita spending on social programs has risen significantly since 1962. According to the Heritage foundation the per-capita spending on social programs have increased 1,031% from 1962 to 2011. During the same years the growth rate of the United States population increased 1.1% compared to the annual increase in social programs was 5.1% (Muhlhausen). This contrast in population growth compared to social program growth is leading to a bloated…

    • 360 Words
    • 2 Pages
    Satisfactory Essays