Friday, July 11, 2008

The Effect of Negative Spending

Recently the Illinois state Governor Rod Blagojevich cut the budget to historical sites in Illinois by half. The cut is due to a budget bill that the Illinois State Congress passed on to be signed. The problem with the budget is that it spends more money that is taken in by the state and the Illinois State government has been "in the red" for a while now. In order to fix the negative funds in the bank account the governor has taken it upon him self to remove some of the spending on things he finds unnecessary. One of the historical sites that will be affected is the Lincoln library and museum. Remembrance is a way of protecting from negative affects and historical locations bring in to the state and tourists spend money which in turn adds money to the state coffers. Because of these cut backs that will all ways follow negative spending helps make it a bad choice of government policy.

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