Discuss the federal budget activity


Assignment:

Part 1 - Create Your Budget

To create your budget, you must use the website: The Debt Fixer

Once you are at The Debt Fixer website and ready to begin click the "next" button. (Use the images below to help you navigate the site

Begin to make your budget selections by selecting various check boxes. Click the "i" icon next to each line item if you want more information about any particular budget line item.

Image of the Debt Fixer website. The image is showing how you can move the toggles to change certain features of the U.S. budget.

Once you have sufficiently addressed each of the specific budget line items and arrived at the tab labeled "results," click the printer icon beneath the text that says "Print and follow the on-screen instructions detailing how to export your results as a .pdf document.

Image of the Debt Fixer website. This image is showing were to print your results.

Do not forget to also submit your essay. You can upload multiple files in a single assignment submission. If you need help with this please contact your student advisor or instructor.

It is strongly recommended that you use the Chrome or Firefox web browser for this activity. If you are having trouble getting your final results to display or are having difficulty exporting your final results as a PDF file, please try the following steps:

(1) Use the Chrome or Firefox web browser.

(2) Take and upload screen shots of your budget selections to Blackboard along with your essay for this assignment.

(3) Contact your instructor to make alternative arrangements.

Part 2 - Federal Budget Activity Reflection Essay

· Provide a justification of the budget choices you made within one of the following categories: Defense, Domestic, Social Security, Healthcare (you may NOT choose to focus on the categories labeled: "Budget Path," "Other," "Revenue," or "Tax Expenditures"). In this defense you must address possible counter arguments to the budget decisions you made. If you are spending more under this category how are you going to get new revenue or gain public support for more deficit spending? If you are cutting funds - what are you going to do with these surplus funds?

· Discuss how this assignment impacted your understanding of the budget process, and the debates between the parties and within Congress have regarding the federal budget? Do you think anything should be done to streamline the current budget process?

· Discuss how difficult this would have been to do this activity as a group project - what budget issues would have been contentious? How could you have come to a compromise?

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Macroeconomics: Discuss the federal budget activity
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