As graduation approaches, we face a whole new set of challenges and obstacles in our lives. Some of these are self-imposed while others are a result of the various actions of business, government, and society. Over the course of our schooling career we have not been as in tune with the social, economic, and political issues as our elders. Although we have been able to grasp a vague idea of what is going on in the world around us, most of us have little stake in these affairs because we are interested in other parts of life. Hence, with this in mind, the report that I have written seeks to emphasize the importance of the debate on balancing the federal budget that is currently going on. While there are many other pressing issues in this country and in the rest of the world, it is my belief that balancing the budget and its impact on the national deficit will have one of the most significant effects on the current generation entering the professional world. It is my goal that people will take an interest in my report/paper to learn about how their families and themselves are/will be affected by the ineffectiveness of our government and its efforts to balance the national budget.

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