Budget For Terrorism Essays - Presidency Of George W. Bush

Budget For Terrorism Budgeting Against Terrorism This years budget will be required to address the new and dangerous reality of terrorism on the US home front. Over the next 5 years $50 billion dollars has been allotted to plans that are specifically geared to dealing with terrorism. In my belief in is important to separate the budget into two different categories of counter-terrorism. The first category allocates money in response to the attacks of September 11th. This money will contribute to programs that offer monetary assistance to both those directly affected by the attacks and those suffering from the negative economic impact of the attack. Approximately $30 billion dollars will be allocated to these programs for the first 2 years of the budget. In the following three years the monetary aid will be decreased to $20 billion dollars and that money will be funneled into maintaining security concerns both at home and abroad. The second category of programs seeks to combat terrorism on the home front. The programs included here w ill focus on preparing the US for and against more attacks. For the first two years the remaining $15 billion dollars will be given to these programs. After two years that $15 billion will be increased to $25 billion dollars because of the assumption that as the war on terrorism continues new avenues of terrorism will develop and new security measures will have to be developed. In the first 2 years $25 billion dollars of aid will be distributed into economic aid programs. $10 billion dollars will go as aid to US commercial airlines and the other $15 billion will go to increasing the benefits of the unemployed. It is important to help the airlines recover because of the money the represent in business and tourism. Also there is the issue of the lose of jobs in aviation since the attacks. In the 2-month period since September 11th 200,000 jobs have been lost in aviation. With the unemployment rate at its highest in the past 20 years the government cannot afford an even larger decrease in jobs. After 2 years this $10 billion will be decreased to $7 billion. This is an optimistic assumption that within this time period the airlines will be able to stabilize from the emergency and also be able to adapt to the new demands on their business. However, it is important to continue the aid for the final 3 years because it is unlikely that all the new changes that need to be made can be accomplished in 2 years and also because you have to allow time for the consumer trends to swing back to a place of normalcy in which more people are utilizing the services of the airline industry. The $15 billion increase in unemployment benefits will include both a lengthening of weeks unemployment is received. The time period will be increased for two reasons. Firstly, the job market is currently suffering because of a lack in consumption by the US public, which is a trend that is hard to predict. Secondly, increasing the time period helps worker efficiency. If workers take more time to search they may find jobs that are more appropriate for their skills, which enhances efficiency. There will be no formal time decrease on the amount of aid given to the unemployment program. Rather the aid will be adjusted over the five-year span in accordance to the unemployment trends being experienced. The hope is that after the first 2 years of the US dealing with this new threat and recovering from the attacks that an increase in consumer confidence will help the job market. If this is the case then the allotment to unemployment will be decreased by $5 billion. The last part of the aid category focuses on specifically aiding New York City. For 2 years this aid will be $6 billion dollars and then after will be decreased to $3 billion. This money is in addition to the emergency aid already provided to the city, which approximates $20 billion dollars. Instead of going simply to debris clean up and over time this money will try and help rebuild the New York economy. After the first 2 years the program will begin to