Which goals are you required to meet in this situation? Check all that apply.I cannot raise taxes.I must cut Social Security by 20 percent.I can increase the deficit by 10 percent.I must shrink the budget deficit.I cannot cut Medicare spending.I am required to increase military spending by 20 percent.
Sample response: I chose to make cuts to income security, education, and health spending. I needed to make cuts to programs that were receiving the largest amounts of federal funding. These cuts were necessary to meet the president's budgetary promises.
Answer this question before making any changes to spending percentages.What was the budget deficit in 2012?
Answer this question before making any changes to spending percentages.Before you make your budgetary changes, how does the new deficit compare to the 2012 budget deficit?
Answer this question before making any changes to spending percentages.According to the 2012 budget, which two functions received the most spending?international affairsnational defensetransportationSocial Securityincome security
Answer this question before making any changes to spending percentages.According to the 2012 budget, which two functions received the least spending? international affairsnational defensetransportationSocial Securityincome security
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All budgetary changes have consequences.Describe the impact of the three largest cuts you made. How would these cuts impact the economy and the president’s reelection chances?Explain your answer in at least four complete sentences.
I made my largest cuts to education, health spending, and income security to reduce government spending. Cutting education funding could limit people’s opportunities to gain skills and qualify for good jobs. Reducing health spending could leave hospitals and medical research with fewer resources, while cuts to income security could make it harder for needy families to get support. These effects could reduce jobs and spending, hurting businesses and the economy. Voters who are affected by the cuts may be less likely to support the president in the next election.
Which factors did you include in your answer? Check all that apply.
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