jueves, 26 de febrero de 2009

The present time

The present time… Steps to surpass the crisis…. According to it affirmed Obama, " we must be concentrated in which it is necessary to move the economy, in which tener" is not tuna;. The deficit of 1.75 trillions of dollars projected for this year would represent the 12.3 percent of Producto Interior Bruto (PIB) American, the highest percentage from the end of II the World war, when the deficit surpassed the 21 percent of the GIP. The record after the end of II the World war was registered in 1983 when with Ronald Reagan as president the deficit reached the 6 percent. The advance deficit of 533,000 million dollars for the 2013 would represent the three percent of the GIP of the country. The document that Obama has sent today to the Congress includes the request of additional bottoms for this year and its budgetary proposals for the fiscal year 2010, that begins first of October. The first budget of the mandate of Obama will impel the federal deficit east year over the 1.75 trillions of dollars, according to the newspaper The Wall Street Journal, that mentions high civil servants of the American Administration. It is hoped that the deficit follows both around the trillion of dollars during next years before beginning to fall to be placed in the 533,000 million dollars in the 2013, according to the projections including in the budget. The White House maintains that the bulky deficit of the country is reflected of the inherited fiscal policies of the Government of George W. Bush. By the others, and according to the sources mentioned by The Wall Street Journal, the Government of Obama does not have plans at present to use the game of 250,000 million dollars but he wanted to include it in case the situation of the financial sector is deteriorated still more. Those bottoms would be added to the 700,000 million dollars approved by the Congress to fight with the worse financial crisis of last the seven decades. Obama abrió to Tuesday the door for a new aid to the bank when it said before the Congress that the Government " probablemente" del will need more money than it has anticipated to end the confidence crisis that plagues to the banking sector. According to Wednesday was known, the White House also will propose 634,000 million dollars in fiscal increases and cuts of expenses. According to Wall Street Journal, the budget includes 130,000 million dollars for the wars in Iraq and Afghanistan in the 2010. The new renter of the White House will ask for in addition 75,000 million additional dollars to cover the two fights until September, when the present fiscal year finishes. That amount will be added to the 40,000 million dollars already assigned by the Congress. Obama said Tuesday that his Government had identified two trillions in savings during next the ten years and the civil servants consulted by the Journal indicated that the White House has begun to review the federal programs to make cuts, including in agriculture and education. Between predicted cuts it appears the one to end the payments to the cotton producers to cover the expenses of storage of his harvests. In the education area, the administration proposes, among other things, to eliminate a federal program of mentors that considers ineffective, which will generate savings of 49 million dollars in the 2009. In aim… we will be alert to present/display the development of all project or management to them that appears like enhancing subject to surpass the present economic crisis.

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