For our American readers, a lot of this, if not all of this, will probably be something you have known since your childhood. But, I feel that it is necessary that we write a blog on the fascinating constitution: how it was formed, what it involved and how different people view it!
How and why was the Constitution formed?
In 1776, thirteen colonies declared their independence from Great Britain by signing the Declaration of Independence, making them ‘free and independent’ states. Consequently, this lead to the War of Independence between the former colonies and Britain from 1776-1783. The colonies had to pay tax to Britain, even though they had no representation in the British Parliament, so wanted to form their own system of government. In 1781, the newly independent colonies established a confederacy through the Articles of Confederation – a confederal government has a lot of power given to the states but little to the national government. However, this confederacy almost turned their victory in gaining independence into a defeat because it proved to be a disaster as their was little power for the national government, thus they failed to make a nation. In 1787, a group of people (now collectively known as the Founding Fathers) agreed to meet up at the Philadelphia convention to amend the Articles of Confederation. In the end, they scrapped the Articles of Confederation and created a new constitution with a number of compromises as to the allocation of powers.
President Barack Obama is proposing a $3.77 trillion U.S. government budget for 2014 that would change taxes for the wealthy and adjust how Social Security benefits are calculated, a plan that fails to satisfy members of both parties.The proposal intends to reduce the deficit by nearly $2 trillion during the next decade, through a combination of new revenues and budget cuts. It includes a minimum 30 percent tax on people making $1 million or more a year. Obama is pushing for a compromise between Republicans who refuse to raise taxes and Democrats who are seeking to protect popular programs that provide pensions and health care to the elderly and poor.
The president says his proposed budget is not his ideal plan to cut the deficit, but an effort at compromise to end what he says has been a cycle of short-term, crisis-driven decision-making. Competing budget plans have already been passed by the Republican-controlled House of Representatives and the Democratic-controlled Senate, setting the stage for tough negotiations.
Republicans are opposed to raising more government revenue, after a deal with Democrats earlier this year that increased income-tax rates on wealthy Americans. And lawmakers in the president’s Democratic Party are angry over his suggestion to switch to a modified formula to measure inflation, which will lower annual cost-of-living increases for Social Security recipients.
President Obama’s Proposed 2014 Budget Overview: