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Strayer,Devery,Harvard University
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WalMart
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Unit 10: U.S. Domestic and Economic Policy - Discussion
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A close examination of the Article II of the Constitution (Executive Branch) suggests that the founding fathers, leery of tyrannical monarchs, deliberately made vague the powers and responsibility of the president. Yet the institution of the presidency has grown, over time. This expansion of presidential power and the growth of the federal bureaucracies, through executive interpretation of Article II of the Constitution, is a dominant feature of the modern presidency.
The growth of modern presidential power coincides with the growth of the federal budget. Every year the Office of Management and Budget provides a detailed summary of the President’s proposed budget. You can review the federal budget.
The federal budget spends close to four trillion dollars a year. The federal budget is split between mandatory (what the federal government has to spend due to congressional legislation) and discretionary spending (what the federal government spends as a result of congressional allotment). Roughly speaking, mandatory spending accounts for two-thirds of the federal budget and discretionary spending accounts for one-third of the federal budget.
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Topics Discussion Introduction/Overview
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Discussion Introduction/Overview
Directions: If you were an economic adviser to the president of the United States how would you adjust the federal budget to address your concerns regarding federal, domestic spending?
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