Thursday, February 4, 2010

President Obama has revlealed a new budget that, if succeeds, will accomplish the two main problems this nations is facing economically: the weak economy and the expanding defecit. This package includes tax cuts (especially for small businesses), some sort of health care plan, investments in green technology for the future, and infrastructure programs. The hope is that these measures will create more jobs while not increasing the deficit. I am not sure how successful this will be but I am very happy that a plan is beginning to take form.

http://money.cnn.com/2010/02/01/news/economy/Obama_budget/index.htm?cnn=yes&hpt=Sbin
http://abcnews.go.com/Politics/State_of_the_Union/obama-2011-budget-tax-proposals-president

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