The major sources of Federal revenues areIndividual Income TaxCorporate Income TaxSocial insurance policy TaxesExpendituresCBO estimates that the expenditure would be 20 percent of GDP for the next 10 yearsFederal expenditures can be classified as obligatory and discretionaryMandatoryMedicaid and MedicareSocial securityDiscretionaryDefense : Iraq and Afghanistan wars war on terrorismNon-defense : Loans , social service and insuranceInterest outlays and national debtThe debt held by the public in the years 2008 was 5 ,163 billion dollars . It is pass judgment to annul to 5 ,392 in 2009 . Thus the debt will remain more or slight the sameEconomists and market experts project a lento economic maturement . It is a matter of concernbut not of fright . The real estate and turbulent financial markets are expected to recoverThe budget in the long runThe deficit is going...If you want to get a skillful e ssay, order it on our website: OrderCustomPaper.com
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