Federal Debt and Solutions

Go to website and complete the stabilize the budget and answer questions from results.

1. Individually complete the Stabilize the budget : http://www.crfb.org/debtfixer/Refresh page to start). Solve the debt issue save your results at the end by creating a pdf file and attach. See example.
2. Use the elements of critical thinking and provide a detailed debt solution for our country. Review the specific programs that are funded by our federal government and the specific taxes collected on how to reduce or eliminate the deficit. Be clear and name programs affected and the type of taxes used to have a better understanding of the proposal.
3. Provide the economical and/or political point of view on why the action was taken.
4. State what implications may occur for individuals and the country.
5. What will happen to employment, inflation and GDP?
6. Provide a general overview of the tax and spending ratios.
It is important to be clear and specific to make an informed choice of each proposal offered.