The current federal budget is ranging at $300 billion dollars. To cut down on this budget, the following three methods have been proposed

• Reduce the foreign aid by half of the amount reflected in the budget
• Eliminate earmarks
• Reduce the federal workforce by 10 percent

Answer the following questions

• How will these decisions of applying the above methods will affect the elderly, the poor, the rich, and national security if implemented? (1 paragraph)
• Which of the above decisions might be perceived as politically motivated? Why? (1 paragraph)
• What are the trade-offs of preserving some programs while protecting others?(1 paragraph)
• How will the above decisions result in a marginal benefit to society so that they can outweigh the marginal cost to society?(1 paragraph)

 

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Status NEW Posted 20 Jul 2017 04:07 PM My Price 10.00

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