Instruction
1. The federal deficit in 2017 was $0.7 trillion ($655 billion to be exact). See the 2017 federal budget at https://www.cbo.gov/publication/53624
2. Propose your balanced budget. Some questions that can be addressed in your paper:
a) Will you increase taxes to help collect more money? If so, what will be your plan for your tax increase?
b) Will you cut programs? If so, which ones and why? What are some economic and political reasons why it is difficult to cut spending from the current high levels?
c) You can use the following interactive tool * http://usa.v1.abalancingact.com to help you balance the budget.
3. Write a 1-2 page paper (12 point, Times New Roman, double spaced, 1-inch margins).