nitial Post Instructions<\/p>\n
You are an advisor to the President tasked with cutting at least $300 billion from the budget. The president wants your recommendations to cut lines, not large categories. Explain why you chose those cuts.<\/p>\n
Note: These are not true US budget numbers.<\/p>\n
<\/p>\n
DOMESTIC PROGRAMS AND FOREIGN AID<\/p>\n
Cut some foreign aid to African countries<\/p>\n
\u202f$17 billion<\/p>\n
<\/p>\n
Eliminate farm subsidies<\/p>\n
\u202f$14 billion<\/p>\n
<\/p>\n
Cut pay of civilian federal workers by 5 percent<\/p>\n
\u202f$14 billion<\/p>\n
<\/p>\n
Reduce the overall federal workforce by 10%<\/p>\n
\u202f$12 billion<\/p>\n
<\/p>\n
Cut aid to states by 5%<\/p>\n
\u202f$29 billion<\/p>\n
<\/p>\n
MILITARY<\/p>\n
Cut the number of nuclear warheads, and end the “Star Wars” missile defense program<\/p>\n
\u202f$19 billion<\/p>\n
<\/p>\n
Reduce military to pre-Iraq War size and further reduce troops in Asia and Europe<\/p>\n
\u202f$25 billion<\/p>\n
<\/p>\n
Cancel or delay some weapons programs<\/p>\n
\u202f$19 billion<\/p>\n
<\/p>\n
HEALTHCARE<\/p>\n
Enact medical malpractice reform by reducing the chances of large malpractice verdicts<\/p>\n
\u202f$ 8 billion<\/p>\n
<\/p>\n
Increase the Medicare eligibility age to 68<\/p>\n
\u202f$ 8 billion<\/p>\n
<\/p>\n
Raise the Social Security retirement age to 68.<\/p>\n
\u202f$ 13 billion<\/p>\n
<\/p>\n
EXISTING TAXES<\/p>\n
Return the estate tax to Clinton-era levels, passing on an estate worth more than $1 million to their heirs would have portions of those estates taxed.<\/p>\n
\u202f$ 50 billion<\/p>\n
<\/p>\n
End tax cuts for income above $250,000 a year<\/p>\n
\u202f$ 54 billion<\/p>\n
<\/p>\n
End tax cuts for income below $250,000 a year<\/p>\n
\u202f$ 172 billion<\/p>\n
<\/p>\n
Payroll tax increase for people making over $106,000 annually contributing more to Social Security and Medicare.<\/p>\n
\u202f$ 50 billion<\/p>\n
<\/p>\n
NEW TAXES<\/p>\n
Institute a Millionaire’s tax on income above $1 million<\/p>\n
\u202f$ 50 billion<\/p>\n
<\/p>\n
Add a national 5% sales tax<\/p>\n
\u202f$ 41 billion<\/p>\n
<\/p>\n
Add a tax on carbon emissions<\/p>\n
\u202f$ 40 billion<\/p>\n
<\/p>\n
Tax banks based on their sizes and the amount of risk they take.<\/p>\n
\u202f$ 73 billion<\/p>\n
<\/p>\n
Total gap covered by your budget plan<\/p>\n
$_________________<\/p>\n
Use evidence (cite sources) to support your response from assigned readings or online lessons, and at least one outside scholarly source.<\/p>\n
Follow-Up Post Instructions
\n Respond to at least two peers or one peer and the instructor. Further the dialogue by providing more information and clarification. Minimum of 1 scholarly source, which can include your textbook or assigned readings or may be from your additional scholarly research.<\/p>\n","protected":false},"excerpt":{"rendered":"
nitial Post Instructions You are an advisor to the President tasked with cutting at least $300 billion from the budget. The president wants your recommendations to cut lines, not large categories. Explain why you chose those cuts. Note: These are not true US budget numbers. DOMESTIC PROGRAMS AND FOREIGN AID Cut some foreign aid […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-3990","post","type-post","status-publish","format-standard","hentry","category-political-science-1"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/3990","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=3990"}],"version-history":[{"count":1,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/3990\/revisions"}],"predecessor-version":[{"id":6478,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/3990\/revisions\/6478"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=3990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=3990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=3990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}