Challenge of balancing the federal budget


Assignment: I would greatly appreciate assistance with the following questions. Please respond with at least 100 words or more for all questions and provide any references used.

Question 1. Analyze and describe four (4) governmental expenditures each from the Federal, State, and Local budgets that will have a greater impact on the national economy for the upcoming budget year. (This response is looking for 4 times 3 (federal, state, and local budgets) items, for a total of 12, and should include an explanation for each).

References:

"Budget of the United States Government, Browse Fiscal Year 2011," at https://www.gpoaccess.gov/usbudget/fy11/index.html

or

https://www.whitehouse.gov/sites/default/files/omb/budget/fy2011/assets/budget.pdf.

Question 2. Based on the e-Activity with the budget simulation game, describe what you learned about the challenge of balancing the federal budget.

Explore the budget simulation game at https://www.nathannewman.org/nbs/whytax.shtml and answer the following questions.

A) Choose two (2) budget categories where you believe an increase is advisable (Please respond with 100 words or more).

B) Choose two (2) where a decrease is advisable. Explain your choices (Please respond with 100 words or more).

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Accounting Basics: Challenge of balancing the federal budget
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