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Explore the impact and rationale behind President's budget cuts versus House Speaker's push for more spending cuts. Learn about Keynesian and Classical economic theories to grasp the underlying differences in economic approaches.
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Global Economic Watch Federal Budget and Public Policy February 14, 2011
2012 Budget http://www.whitehouse.gov/winning-the-future/
Proposal http://www.whitehouse.gov/omb/budget
Opposition http://www.speaker.gov/
Discussion Why the President’s budget proposes spending cuts? Why the Speaker of House wants to more spending cuts? What is the main difference between Keynesian and Classical economics ?