The Pentagon's budget at the expense of these urežut money will save the economy of the United States

8/1/2011 by admin

It was decided to Cut the military budget of the Pentagon's ten Len at 350 billion dollars. This decision was part of the withdrawal plan are strange from economic difficulties and to save the United States against default for taking such a decision would be a significant reduction in the United States also was endorsed by the public increased the ceiling of public debt and it happened on July 31. Such responsible decisions are taken by leaders of the Republicans and Democrats and President Obama, news travelled Agence France-Presse.

Source of information on senior Obama administration was handed down the decision, some figures, will be implemented in two-stage plan for the reduction in the expenditure budget will cut spending 2.5 trillion $. The first phase must already begin after approval by the Senate of the bottom of the Bill, after the first stage will cut costs at 1 trillion $ for 10 years.

The next part to reduce the cost of 1.5 trillion $ will be required to endorse until 23 November, for this purpose, a Special Congressional Committee. The second part of amendments would be made in the budget are strange 23 December. No longer was told what areas and programs can cut cuts except for Defense, but still it is known that
expenditure in areas such as social and public health will not be curtailed.

According to one of the officials of the United States would raise the limit to settle at 2.1 trillion. Does not specify how much would such steps to improve one or more are not clarified. A little earlier it was reported that Congressional leaders endorsing the plan of increasing State debt at 3 trillion $ more than installed by the previous ceiling of 14.29 trillion dollars.

This agreement was reached between Obama and the Republican Senate Minority Leader Mitch McConnell's da leader of the Democratic majority in the Senate, Harry Reid. Such an agreement not to prevent the United States technical default. Because the situation prior to 2 August would not be drawn up and adopted a plan by the Senate and House of Congress, United States, and not voted for its adoption. United States announce the inability to pay debts. That could lead to very serious consequences for the economy in the world.

Bring to their traditional promised party leaders in both the Senate and the House of rulers, to bring the full conditions of the agreements reached today before the Chambers of the top and bottom will be put to the vote. Full confidence that the whole package will be adopted to prevent the default, no. Because some congressmen of the two parties have expressed their doubts about the effectiveness of these measures.

Published Monday, 8/1/2011 in 13:48 in the heading news. You can keep track of comments to the record by using the RSS 2.0 feed. You can leave a comment, or trekbek from your site.