Showing posts with label Afghanistan War Iraq War dollar Afganistan Iraq Obama budget deficit oil Medicaid Medicare. Show all posts
Showing posts with label Afghanistan War Iraq War dollar Afganistan Iraq Obama budget deficit oil Medicaid Medicare. Show all posts

Monday, October 5, 2009

How can the U.S. Congress help strengthen the dollar?

By Money Matters Editors

One of the ways the U.S. government can strengthen the dollar is an obvious one: cut the budget deficit, including a tax increase to pay for the Iraq War and Afghanistan War.

The U.S. Congress made many policy mistakes in the past eight years prior to the Obama administration, and one of them was spending money on the Iraq War and Afghanistan War without first raising a tax – an income tax or otherwise – to pay for it.