To Cut the Deficit, Cut Military Spending
Jim Wallis; 1/4/10;
Jim Wallis is editor-in-chief of Sojourners.
It’s the largest federal budget in history. President Obama’s 2011 budget totals $3.8 trillion and contains a deficit of $1.3 trillion. The president’s priorities are clear: jobs and the military. Many people are deeply concerned about the rapidly growing deficit. With the economy still in recession and unemployment still hovering near 10 percent, the domestic priority is clearly job creation: The budget includes a $100 billion jobs program, with substantial amounts targeted to tax breaks for small businesses in order to stimulate job creation. Also included are tax credits that assist lower-income workers with expenses such as child care, which make it more possible for them to find employment.